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UAE's Tabreed registers solid Q1 growthDistrict cooling firm Tabreed, which is partly owned by Abu Dhabi state fund Mubadala, said its net profit increased by 30 per cent to Dh47.8 million ($13 million) in the first quarter when compared to Dh36.8 million last year, helped by lower f More… |
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Tabreed, Masdar sign up for R&D projectUAE district cooling firm Tabreed and Abu Dhabi-based Masdar Institute of Science and Technology have announced joint collaboration on a research and development (R&D) project that aims to enhance operational performance and reduce energy co More… |
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Tabreed shares slide after bonds moveDistrict cooling firm Tabreed's shares plunged on Monday after the company announced plans to issue more convertible bonds to its key shareholder Mubadala as part of its first dividend payout since 2007. More… |
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Tabreed to develop $149m Saudi projectDistrict cooling firm Tabreed, which is partly owned by Abu Dhabi state fund Mubadala, has announced an additional investment into its Saudi unit, Saudi Tabreed, to develop a Dh549 million ($149.4 million) district cooling project that will serv More… |
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Tabreed posts 30pc jump in Q4 profitDistrict cooling firm Tabreed, which is partly owned by Abu Dhabi state fund Mubadala, reported a 30-per cent rise in quarterly profits on Sunday fueled by higher revenues from its core chilled water business. The Dubai-listed fir More… |
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Tabreed to issue bonds to MubadalaDistrict cooling firm Tabreed has agreed to issue 1.13 billion dirhams ($308 million) in convertible bonds to Abu Dhabi fund Mubadala on December 31, the firm said on Sunday, as part of a recapitalisation plan agreed last year. More… |
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Tabreed year-to-date profit up 29pcAbu Dhabi-based National Central Cooling Company (Tabreed) has posted a year-to-date net profit of Dh167.6 million ($45.6 million) as against Dh129.8 million for the same period last year, marking a rise of 29 per cent. Chilled wa More… |
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Tabreed net profit up 25pc in H1Abu Dhabi-based utility company Tabreed said its net profit for the first half hit Dh94.7 million ($25.7 million), up 25 per cent compared to Dh75.7 million last year, mainly driven by its core chilled water business and lower finance costs. More… |
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Tabreed wins renewal of ISO certificationsNational Central Cooling Company (Tabreed), the Abu Dhabi-based district cooling utility company, has achieved the renewal of three ISO certifications for its management policies and procedures. The certifications relate to Tabreed’s envir More… |
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Tabreed completes plant expansionAbu Dhabi district cooling utility company, Tabreed, has completed the expansion of its district cooling plant in Al Ain. The plant, which serves UAE University, has been expanded to meet its total demand for over 20,000 RT. Sujit More… |
