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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
- UAE jobs: Etihad Airways to hold career fair for Emiratis on May 22
- Adnoc Distribution to operate 500 high-power EV chargers by 2028
14/03/2018 05:47 AST
National Central Cooling Company (Tabreed), on Tuesday announced the acquisition from Aldar Properties of 50 per cent shareholding in S&T Cool District Cooling Company on Reem Island in Abu Dhabi for Dh348m.
Tabreed will own 100 per cent of the company following completion of the transaction, subject to relevant regulatory approvals, the firm said in a statement.
S&T's district cooling plant has a connected capacity of over 31,500 refrigeration tons (RT) and provides cooling to buildings Sun & Sky Towers, Gate Towers, The Arc and Shams Boutik mall in Reem Island.
Gulf News
15/03/2018
National Central Cooling Company (Tabreed) has acquired the remaining 50 per cent of the shares in S&T Cool District Cooling Company, a major district cooling provider on Reem Island in Abu Dhabi, UA
Trade Arabia
02/02/2018
National Central Cooling Co. plans to acquire assets in markets like Saudi Arabia and Egypt starting this year as the Abu Dhabi-based company seeks to expand.
"We're always keen on acquisiti
Gulf News
01/02/2018
The National Central Cooling Company (Tabreed) is looking at growth opportunities in the Middle East beyond its Arabian Gulf footprint, its chief financial officer said on Wednesday, on the back of a
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.16 | -0.04 (-1.25 |
| ACWAPOWER | 329.20 | -0.80 (-0.25 |
| DEWA | 2.66 | 0.01 (0.37 |
| SAUDIELECTRICITY | 15.14 | 0.08 (0.53 |
| EMPOWER | 1.62 | 0.00 (0.00 |
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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