Altaaqa

Jeddah, Saudi Arabia Founded: 2004 • Age: 22 yrs
Provides rental power, HVAC, renewables, and temporary structures services.
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About Altaaqa

Altaaqa is a company based in Jeddah (Saudi Arabia) founded in 2004. It operates as a B2B, and D2C. Altaaqa offers products and services including Caterpillar Generators, HVAC Units, Solar Modular Units, and Fuel Management Services. Altaaqa operates in a competitive market with competitors including SHOAIBI GROUP, Desert Technologies, ENGIE Laborelec, SusTech and AK Solar, among others.

  • Headquarter Jeddah, Saudi Arabia
  • Sectors
    Real Estate & Construction
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altaaqa Alternative Solutions Company
Operational Areas
Real Estate & Construction → Architecture, Design & Interior Planning
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Altaaqa

Altaaqa offers a comprehensive portfolio of products and services, including Caterpillar Generators, HVAC Units, Solar Modular Units, and Fuel Management Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Rental generators for reliable temporary power supply

Air conditioning systems for various industrial applications

Modular solar solutions for commercial energy needs

Services for efficient fuel handling and distribution

People of Altaaqa
Headcount 200-500
Employee Profiles 10
Employee Profiles
People
Mohamad Islahi
Head Of Finance
People
Feras Alagha
Senior Sales Engineer
People
Mohamed Refaat
Central Region Service Head
People
H.m Awais Maqsood
Senior Accounting Supervisor

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Funding Insights of Altaaqa

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Altaaqa

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Altaaqa

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Altaaqa Comparisons

Employees
+
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Competitors of Altaaqa

Altaaqa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SHOAIBI GROUP, Desert Technologies, ENGIE Laborelec, SusTech and AK Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Developer of solar energy projects
domain founded_year HQ Location
Invests in solar photovoltaic and smart infrastructure technologies across the value chain.
domain founded_year HQ Location
Developer of solar, nuclear and wind energy projects
domain founded_year HQ Location
Provides consultancy for renewable energy, energy efficiency, and waste recycling services.
domain founded_year HQ Location
Provides comprehensive turnkey solar solutions for commercial and residential clients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altaaqa

Frequently Asked Questions about Altaaqa

When was Altaaqa founded?

Altaaqa was founded in 2004.

Where is Altaaqa located?

Altaaqa is headquartered in Jeddah, Saudi Arabia. It is registered at Jeddah, Makkah Region, Saudi Arabia.

What does Altaaqa do?

Altaaqa offers turnkey power generation solutions, including diesel units and hybrid systems, serving public and private clients across various sectors. Based in Jeddah, Saudi Arabia, they provide innovative, cost-effective energy and HVAC services like cooling systems and solar installations. They also handle temporary structures for events and construction, focusing on rapid deployment and reliability.

Who are the top competitors of Altaaqa?

Altaaqa's top competitors include SHOAIBI GROUP, ENGIE Laborelec and Desert Technologies.

What products or services does Altaaqa offer?

Altaaqa offers Caterpillar Generators, HVAC Units, Solar Modular Units, and Fuel Management Services.

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