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Sunday, 22 November 2009 00:03 UAE time

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National Central Cooling Company

Main Category: District Cooling Services
First Address : 32444
Second Address : Tabreed Building, Sheikh Zayed Road
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3404422
Fax: 971 4 3404420
Email: gmail@tabreed.com
Website: www.tabreed.com


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S&P issues ratings downgrade for UAE’s Tabreed

Ratings agency cites National Central Cooling Co's weakened liquidity position.

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A higher level

MEP Middle East speaks exclusively to Tabreed's new CEO, Sujit S. Parhar, about his plans to take the district cooling provider to the next level.

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Experience counts

Tabreed's new CEO, Sujit Parhar, is bringing in the people that will help him boost Abu Dhabi's district cooling capacity.

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Tabreed signs deal on $204m loan

UPDATE 1: National Central Cooling Company agrees finance with First Gulf Bank - statement.

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Keeping it cool

As a part of essential infrastructure, the air conditioning and district cooling needs of the region continue to thrive and have remained immune to the economic recession, reports features editor Shikha Mishra.

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Abu Dhabi's Tabreed posts 26% higher 2008 profits

Cooling firm shines across services, chilled water, contracting & manufacturing business.

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Tabreed strengthens its stature in the Middle East

Khaled Salmeen, chief operating officer of Tabreed, discusses energy-efficient systems, UAE's carbon footprint and the Dubai Metro project.

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Highly rated

The district cooling industry wants tariffs to better reflect usage.

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Keeping his cool

Utilities Middle East caught up with the president of the International District Energy Association (IDEA).

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Cooling demand

Tabreed CEO Karl Marietta on how he plans to tackle rising costs hitting the district cooling industry.

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Power shortages could hit booming industry

District cooling investment to rise to $30bn but fears voiced over power supplies.

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Japan firm interested in district cooling sale

District cooling company with $817mn Metro contract looks to sell off some of its plants.

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Tabreed sells assets to fund expansion

UAE air conditioning firm restructures to finance new utilities, may sell up to 7 plants each year.

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Tabreed profit hit by rising labour costs

National Central Cooling Company's Q1 earnings smallest quarterly profit in at least two years.

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Tabreed to cool off Marina West

Marina West has signed a contract with Tabreed Bahrain to provide cooling services for 11 towers in the Marina West development on Bahrain's west coast.

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Tabreed names banks for Islamic bond sale

Dubai-based National Central Cooling Company announces plans to sell up to $500mn of sukuk.

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Tabreed lands long-term district cooling deals

Tabreed has signed long-term agreements to provide cooling services to three new projects in Dubai and Abu Dhabi.

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Sorouh/Tabreed deal

Sorouh Real Estate has formed a joint venture company with Tabreed to provide district cooling to Sorouh's Shams development in Abu Dhabi.

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Tabreed targets loan for regional expansion

The UAE-based district cooling firm Tabreed is looking to set up a US $272 million (AED 998 million) syndicated loan to help finance its regional expansion programme.

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Cool talk

Dany Safi, CEO of Tabreed, talks about the challenges that have been overcome in forming a multi-billion dollar district cooling sector in the region and tells Alison Luke what the future holds.

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IDEA appoints executive director from Tabreed

The International District Energy Association (IDEA) has appointed Tabreed's PR and communications manager, Rita Chahoud, as its executive director in the region.

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Cold capital

The Middle East's district cooling sector is set to continue growing, but there are financial challenges ahead.

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Tabreed post a cool third quarter profit

UAE-based district cooling providers, Tabreed, has posted an increase of 17.2% in third-quarter profit compared to last year.

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Low Metro running costs

Tabreed claims its central control room that will monitor district cooling plants for Duabi's metro stations, will have lower operating costs and zero maintenance.

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Tabreed seals UAE cooling contracts

Dubai-based cooling services firm wins three 20-year deals to provide refrigerant for developments.

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Dubai Metro's cool solution

System being built by district cooling provider Tabreed to cool stations and depots of Dubai Metro project

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Change at the top for Tabreed

District cooling provider Tabreed has made a change to its management team with the appointment of Karl Marietta as deputy CEO, adding to his current post of vice president, administration and finance.

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Tabreed announces rise in profit

National Central Cooling Company, Tabreed, has announced a 14% increase in operational profits for the first half of 2007.

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Tabreed appoints deputy CEO

District cooling company gives current vice president of admin and finance job as deputy chief executive.

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District developments

District cooling stamps its authority on the UAE property market.

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Tabreed wins IDEA awards

UAE-based cooling provider now ‘world's largest' and set to maintain its position, says CEO.

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Aldar contract wins for Tabreed

District cooling firm Tabreed will provide one million tonnes of refrigeration to Aldar Properties' projects in two new contracts.

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Tabreed wins cooling contracts from Aldar

The Dubai-listed company will supply Aldar's Yas Island and Al Raha Beach developments.

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Tabreed picks up innovation award

District cooling firm Tabreed has won the Middle East Insurance Forum's Innovation Award.

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UAE's Tabreed Q1 profit rises 19.2%

The Abu Dhabi company's profit is up on higher revenues from building cooling plants.

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Tabreed to invest $5bn on cooling plants

Syndicated loans and Islamic bonds will finance the Abu Dhabi-based company's expansion plans.

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Tabreed sets up insurance firm

District cooling firm Tabreed has set up Tabreed Captive Insurance Company (TCIC) with Bahrain-based Ensurion.

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Tabreed and Aldar joint venture

District cooling company Tabreed and real estate firm Aldar Properties have entered into a joint venture to build 25 district cooling plants in Abu Dhabi.

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Tabreed ties up for AD cooling

Tabreed has entered into a joint venture with Abu Dhabi-based Aldar Properties to build 25 new district cooling plants in the UAE capital.

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District Cooling for Aldar Properties

Joint venture sees building of 25 new district cooling plants.

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A good IDEA for energy efficiency

As demand for district cooling rises, managers are becoming aware of the need to employ energy efficient solutions.

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Record profits for Tabreed in 2006

UAE-based district cooling firm Tabreed posted record net profits for the financial year 2006.

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Tabreed breaks profit record

District cooling company Tabreed has posted a record-breaking annual net profit for the financial year 2006, with an increase of 104.1% over 2005

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Tabreed profits show no sign of cooling

Fourth quarter profits for National Central Cooling Co. (Tabreed) eight times higher than prior year.

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Jordan District Energy formed in joint venture deal

Tabreed has set up Jordan District Energy PSC in a 50: 50 joint venture with Abdali Investment and Development PSC.

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Tabreed plans double expansion of capacity

Central cooling company, Tabreed, has announced plans to double its capacity by 2009

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Tabreed wins Abu Dhabi contracts

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ADNEC to expand

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READER COMMENTS

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    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
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    21 Nov ' 09 at 14:10
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    this is great news really makes sense, especially since Small & Medium Enterprises actually make UAE. I sincerely hope that this is...   More  »

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