In financial results revealed on Sunday, Tabreed saw its profits increase from $101m for the nine-month period in 2020, to $105.7m this year
Tabreed
acquisitions
UAE cooling giant Tabreed reveals $84.8m Al Maryah Island deal
Agreement reached to acquire an additional 50 percent stake in cooling operations at leading Abu Dhabi business district
Cooling solutions
UAE cooling giant Tabreed to sell stake in Qatar operation in $113.5m deal
Firm has announced 44% sale of share in Qatar District Cooling Company to United Development Company
district cooling business
Cooling giant Tabreed records $63m net profit in first half of 2021
Company has recently added a fourth plant in Downtown Dubai while capacity has also increased in Oman and Bahrain
ADNOC Distribution
UAE’s largest fuel retailer hires former Tabreed boss as new CEO
ADNOC Distribution has announced the appointment of Bader Saeed Al Lamki as CEO from May 27
cooling service provider
Cooling giant Tabreed names Khalid Al Marzouqi as new CEO
Khalid Al Marzouqi will replace Bader Al Lamki who was appointed CEO in April 2019
financial results
UAE cooling giant Tabreed reveals $23.3m profit for Q1, 2021
Financial results show group revenue increased by 21% to reach $97.4m for first three months of year
cooling service provider
UAE cooling giant Tabreed targets overseas growth in 2021
CEO Bader Saeed Al Lamki says Saudi Arabia, India and Egypt are targets for expansion next year
Aldar Properties
UAE’s largest developer sells Saadiyat Island cooling assets for $263m
Aldar Properties has sold two of its district cooling assets on Abu Dhabi’s Saadiyat Island to National Central Cooling Company
Abu Dhabi
Video: Abu Dhabi’s Tabreed CEO Bader Al Lamki on growth plans
Just a few months in his role as CEO of National Central Cooling Company PJSC (Tabreed), Bader Saeed Al Lamki is very optimistic about the future of district cooling in the Middle East.
AADC
Abu Dhabi’s utility investment, management firm appoints first CEO
Abu Dhabi Power Corporation appoints Jasim Thabet as chief executive officer & managing director
Abu Dhabi
Abu Dhabi’s Tabreed appoints former Masdar exec as CEO
Bader Al Lamki, executive director of the Clean Energy Directorate at Masdar appointed as new CEO
air conditioning services
UAE’s Tabreed signs Indian cooling deal, first outside Gulf
UAE-based National Central Cooling Company signs landmark agreement with Andhra Pradesh Capital Region Development Authority
London Stock Exchange
UAE’s Tabreed raises $500m with new sukuk
Cooling firm says new sukuk will be listed on the London Stock Exchange after attracting strong institutional demand
Aldar Properties
UAE’s Tabreed completes takeover of Abu Dhabi cooling firm
Tabreed says will own 100% of S&T following completion of 50% stake transaction
district cooling service
UAE’s Tabreed agrees plan to operate Masdar’s first cooling plant
Masdar cooling plant is part of Masdar City’s first phase, slated to provide the first 6,000 refrigeration tons