QALA for Financial Investments 2019 Annual Report with Sustainability Disclosures
The report highlights Qalaa Holdings' operational and financial performance for the fiscal year 2019, emphasizing its transition to a sustainable investment holding company. Key achievements include the commencement of full commercial operations at the Egyptian Refining Company (ERC) and the launch of TAQA Arabia's 65 MW Solar Power Plant in Benban, Aswan. The company demonstrated its commitment to the UN Sustainable Development Goals through various community development initiatives, such as the Mostakbaly scholarship program and the Tamkeen women's empowerment initiative. Despite facing challenges in the cement sector, Qalaa Holdings achieved an 11% year-on-year revenue growth, reaching EGP 14.9 billion.
Company: QALA for Financial Investments
Sector: Finance & insurance
Country: Egypt
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 78
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QALA for Financial Investments
Annual Report
The report highlights Qalaa Holdings' operational and financial performance for the fiscal year 2019, emphasizing its transition to a sustainable investment holding company. Key achievements include the commencement of full commercial operations at the Egyptian Refining Company (ERC) and the launch of TAQA Arabia's 65 MW Solar Power Plant in Benban, Aswan. The company demonstrated its commitment to the UN Sustainable Development Goals through various community development initiatives, such as the Mostakbaly scholarship program and the Tamkeen women's empowerment initiative. Despite facing challenges in the cement sector, Qalaa Holdings achieved an 11% year-on-year revenue growth, reaching EGP 14.9 billion.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees