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

Tabreed names Arqaam Securities as liquidity provider

23/10/2025

Tabreed, a leading district cooling company, has signed up Arqaam Securities, a leading regional financial institution, as liquidity provider for its shares listed on Dubai Financial Market (DFM). <

Trade Arabia

Tabreed connects sustainable cooling to Dubai's City Tower 1

12/09/2025

Tabreed, the world's leading district cooling company, has made a significant new connection to one of its networks in Dubai: The 93-storey City Tower 1, a development by H&H.

The project i

Trade Arabia

UAE-Italy bilateral trade up 14.6% in H1 to $7.9bn

12/09/2025

The UAE - Italy bilateral trade amounted to $7.9 billion in the first half of 2025, marking a 14.6% year-on-year increase compared to H1 2024, said Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Fore

Trade Arabia

Ticker Price Volume
TABREED Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAQA 3.42 -0.02 (-0.59%)
ACWAPOWER 222.00 2.00 (0.90%)
DEWA 2.82 0.02 (0.71%)
SAUDIELECTRICITY 14.55 -0.06 (-0.42%)
EMPOWER 1.61 -0.02 (-1.23%)
Burgan Bank's salary account Al Rateb tailored to meet needs of employees

10/11/2025

In its latest effort to enrich customers' banking journey with added value, Burgan Bank presents Kuwaiti employees with salary account, Al Rateb, tailored conveniently to meet their needs and financi

Kuwait Times

Zain's API monetization arm Dizlee partners with Aduna

10/11/2025

Dizlee, Zain Group's API (application programming interface) digital monetization ecosystem provider has entered a strategic partnership with Aduna, enabling faster deployment of new digital services

Kuwait Times

Dukhan signs 'exclusive agreement' with GIP to provide Shariah-compliant strategic products, solutions

10/11/2025

Dukhan Bank has signed a strategic Memorandum of Understanding (MoU) with Global Infrastructure Partners (GIP), a part of BlackRock, marking a historic first for the Qatari banking sector.

A

Gulf Times

QNB Group announces winners of exclusive Sea Ray boats at Qatar Boat Show 2025

10/11/2025

QNB Group announced the winners of two Sea Ray boats as part of its QNB Visa Credit Card Summer Campaign during the Qatar Boat Show 2025 - a four-day luxury event at Doha Port showcasing world-class

Gulf Times

Qatar Islamic Bank announces new Misk Account millionaire

10/11/2025

Qatar Islamic Bank (QIB has announced the latest millionaire as part of the Misk Account 8th edition, continuing its commitment to rewarding responsible saving and empowering customers across Qatar.

Gulf Times