QALA for Financial Investments 2021 Annual Report with Sustainability Disclosures
The report highlights Qalaa Holdings' operational and financial performance for the fiscal year 2021, showcasing resilience and agility amid global economic challenges. The company recorded consolidated revenues of EGP 45.8 billion, a 27% year-on-year increase, largely driven by its energy subsidiary, the Egyptian Refining Company (ERC). Qalaa continued to advance its ESG commitments, highlighting the inauguration of a 6 MWp solar plant at Dina Farms and the ongoing contributions of the Qalaa Holdings Scholarship Foundation. Additionally, the Group progressed its debt restructuring efforts and expanded TAQA Arabia's compressed natural gas network.
Company: QALA for Financial Investments
Sector: Finance & insurance
Country: Egypt
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 58
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QALA for Financial Investments
Annual Report
The report highlights Qalaa Holdings' operational and financial performance for the fiscal year 2021, showcasing resilience and agility amid global economic challenges. The company recorded consolidated revenues of EGP 45.8 billion, a 27% year-on-year increase, largely driven by its energy subsidiary, the Egyptian Refining Company (ERC). Qalaa continued to advance its ESG commitments, highlighting the inauguration of a 6 MWp solar plant at Dina Farms and the ongoing contributions of the Qalaa Holdings Scholarship Foundation. Additionally, the Group progressed its debt restructuring efforts and expanded TAQA Arabia's compressed natural gas network.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
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
Women in Management
Employees