Thabet has been at the helm of TAQA since 2020. The company along with Emirates Water and Electricity Company (EWEC), raised $700.8 million in January 2022 through its first green senior secured bonds linked to solar plant. TAQA posted $1.6 billion in profits in 2021, an increase of 49% compared to 2020. Thabet previously led the Abu Dhabi Power Corporation and the National Central Cooling Company (Tabreed). He also currently serves on the boards of the Abu Dhabi Chamber of Commerce and Industry, Etihad Aviation Group, and Abu Dhabi Ports.