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- Investcorp Capital looks to maintain competitive level of dividends
- Kuwait's Oil Production Capacity Reaches 3.2 million Barrels a Day
- Sadafco to deploy Tetra Pak E3 Speed Hyper Line to accelerate milk production
- Adnoc Distribution approves $350m interim cash dividend for H1
- GCC commercial banks' assets jump 10% to 3.5 trillion
- Abu Dhabi's TII, NVIDIA launch Mideast's first joint AI & robotics lab
- NBK receives 'Silver Excellence in Diversity and Inclusion' Award for NBK RISE Program
- Burgan Bank launches specialized training program for MoI
- Contribution of OQ's listed subsidiaries highlighted at Capital Markets Day
- Oman's financial system resilient despite global headwinds: CBO
02/02/2018 05:18 AST
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 acquisitions, and Saudi Arabia is also a potential market we're looking at," Chief Executive Officer Jasem Hussain Thabet said in a Bloomberg TV interview. "We'd potentially be looking at markets in North Africa and India."
The company, also known as Tabreed, would seek to use project financing to fund the acquisitions while contributing about 20 per cent to 25 per cent of the deal value from its own cash, he said. Tabreed has about Dh1.1 billion ($299 million) in cash and credit lines available, Thabat said, meaning it could target assets valued at about $1 billion.
Gulf News
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
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
01/07/2025
Tabreed, a leading district cooling company based in Abu Dhabi, has entered into a partnership with CVC DIF, a Dutch mid-market infrastructure equity fund manager, to acquire PAL Cooling Holding from
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.47 | 0.00 (0.00 |
| ACWAPOWER | 213.00 | 1.10 (0.51 |
| DEWA | 2.75 | 0.00 (0.00 |
| SAUDIELECTRICITY | 14.88 | 0.22 (1.50 |
| EMPOWER | 1.62 | -0.01 (-0.62 |
24/09/2025
The Board of Directors of Investcorp Capital (ICAP), an investor in alternative investment opportunities within private markets, convened last week in Abu Dhabi under the leadership of Mohammed Alard
Trade Arabia
24/09/2025
Adnoc Distribution has announced that its Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for the first half of 2025, equivalent to 10.285 fils per share.
Trade Arabia
24/09/2025
Saudia Dairy and Foodstuff Company (Sadafco), a leading producer of high-quality dairy and food products in the Kingdom, has signed a strategic agreement with Tetra Pak to install the cutting-edge Te
Trade Arabia
24/09/2025
National Bank of Kuwait (NBK) has received the Silver Excellence in Diversity and Inclusion Award from the prestigious Society for Human Resource Management (SHRM) for its NBK RISE Program, during ME
Kuwait Times
24/09/2025
In a new step to help advance Kuwait's digital transformation and empower Kuwaiti talents, Burgan Bank launched a specialized training program to support Kuwait's Ministry of Interior (MoI) in meetin
Kuwait Times
Financial Information Co.
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