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Full Year Results for 2023 show Tabreed to be in Excellent Position as it Targets Regional and International Expansion

Thursday, February 15, 2024

Abu Dhabi, United Arab Emirates – 14 February 2024: Tabreed, the UAE’s leading international district cooling company, today released its consolidated financial results for the year 2023, reporting a revenue of AE...

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Tabreed Remains a Safe Haven for Investors, following Healthy Ratings by both Fitch and Moody’s

Friday, February 09, 2024

Two of the world’s top credit ratings agencies officially acknowledge Tabreed’s long-term stability and reaffirm ‘Investment Grade’ status Abu Dhabi, United Arab Emirates – 8...

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Tabreed Achieves Significant Energy Savings with Variable Frequency Drives in Extensive Retrofit Programme

Friday, February 02, 2024

Increased energy efficiency marks significant step in decarbonising operations Abu Dhabi, United Arab Emirates – 30 January 2024: Tabreed, the world’s leading district cooling com...

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Tabreed Celebrates 25 Years of Sustainable Progress as the World’s Leading District Cooling Company

Sunday, December 31, 2023

From humble beginnings to international presence, Tabreed continues to set the gold standard in district cooling through innovation and dedication Since its founding, the company’s operations h...

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Tabreed Secures AED 600M Inaugural Green Revolving Credit Facility to Advance Sustainable Cooling Solutions

Thursday, December 14, 2023

Abu Dhabi, United Arab Emirates – 14 December 2023: Following a signing ceremony at the end of its hugely successful participation in COP28, Tabreed, the world’s ...

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Tabreed Announces its 9M 2023 Results, with a 10% Rise in Revenue to AED 1.8 Billion

Wednesday, November 15, 2023

On track to add 120,000 RT capacity over FY 2023-24, supported by new projects and new connections across existing concessions Tabreed reports 9% year-on-year growth in consumption...

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Tabreed Boosts its Roadmap to Net-Zero, following Impressive Results from World-first District Cooling Nanofluid Pilot Study

Thursday, November 09, 2023

Pioneering nanofluid technology, developed by HTMS, demonstrates potential to increase District Cooling energy efficiency by up to 15...

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Tabreed reports healthy increase in revenue and record net profit of AED 386.4 Million for H1 2023 and officially commences operations in India

Friday, July 28, 2023

New projects take company’s total connected capacity to 1.3 million RT International expansion continues into second half of the year as Tabreed begins commercial operations in India ...

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Tabreed Enters its First District Cooling Transaction in India through Strategic Alliance with TATA Realty

Tuesday, May 30, 2023

Multi-million-dirham investment opens door to enormous potential in India Demand for cooling set to surge by 800% across country over next 15 years   Abu Dhabi...

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Tabreed Announces Q1 2023 Results, Showing Net Profit of AED 236.4 Million

Friday, May 12, 2023

Partnership with Saudi Arabia’s Public Investment Fund results in 30% stake  Group well positioned for further growth during 2023   Abu Dhabi, United Arab Emir...

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Tabreed Announces Two New C-Level Officer Appointments

Tuesday, May 02, 2023

Nadia Bardawil becomes first female member of Executive Management Team Philippe Coquelle named Chief Development Officer, succeeding Francois-Xavier Boul   ...

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Tabreed’s Shareholders Approve Another Record Dividend of 13.5 fils per Share for 2022

Tuesday, March 21, 2023

Annual General Assembly also elects Board of Directors with one new appointment   Abu Dhabi, United Arab Emirates – 21 March 202...

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Tabreed Demonstrates its Commitment to Net-Zero, Signing UAE ‘Climate-Responsible Companies Pledge’

Wednesday, March 08, 2023

World’s leading district cooling provider is key player in drive for carbon neutrality Company built on operational excellence, aligned with UAE’s Year of Sustainability ...

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Tabreed’s Full 2022 Financial Results Show 19% Increase in EBITDA to AED 1.23 Billion

Wednesday, February 15, 2023

Pioneering UAE district cooling company accelerates international expansion Board approves record dividend payment of 13.5 fils per share   Abu Dhabi, United ...

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Tabreed Appoints Doctor Yousif Abdulrahman Al Hammadi as its new Chief Asset Management Officer

Monday, November 28, 2022

All-new role for Executive Management Team, meeting demands of company expansion Tabreed’s Human Capital department also in spotlight following impres...

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Tabreed’s Q3 2022 Financial Results Prove Company is on the Road to Even Greater Success

Tuesday, November 15, 2022

Connected Capacity and profits increase, while Tabreed expands its international presence Third quarter saw changes to Foreign Ownership Limits and ma...

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Tabreed Expands Operations in Egypt, Signing All-new Project with EHCS just Months after Entering Market

Wednesday, September 14, 2022

Deal will see Tabreed build and run bespoke new plant to supply essential, sustainable district energy services to CapitalMed, Cairo’s prestigious new healthcare city   ...

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Tabreed Announces Official Increase of Foreign Ownership Limit to 100%

Tuesday, September 13, 2022

The UAE’s original district cooling company aligns with recent UAE reforms to commercial law Move will potentially encourage more overseas investment ...

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Tabreed Releases its H1 2022 Financial Results, Steadily Continuing its Expansion Across the Region

Wednesday, July 27, 2022

UAE’s original district cooling and energy services provider goes from strength-to-strength Revenue and profits boosted by portfolio expansion during ...

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Tabreed Extends Partnership with ENGIE Digital, Introducing Bespoke AI to Downtown Dubai District Cooling Network

Tuesday, May 24, 2022

Collaboration is part of Tabreed’s Big Data strategy Software will fully automate operation of the world’s largest district cooling scheme...

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Tabreed Releases its First Quarter 2022 Financial Results

Friday, May 13, 2022

Abu Dhabi, United Arab Emirates – 12 May 2022: Tabreed, the UAE headquartered and leading international district cooling developer, yesterday released its consoli...

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Tabreed Shareholders Approve Record Dividend Payment as Company Looks to Further Growth in 2022

Tuesday, March 22, 2022

The UAE’s original District Cooling provider celebrates another year of exceptional success   Abu Dhabi, United Arab Emirates – 22 March,...

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Tabreed Launches Green Financing Framework to Fund Projects Aligned with UAE’s Carbon-Neutral Objectives

Monday, March 07, 2022

Abu Dhabi, UAE, 7 March 2022: National Central Cooling Company PJSC (DFM: Tabreed) has announced  the publication of a Green Financing Framework,...

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Tabreed Releases its Full 2021 Financial Results, with Increased Profits and Plans for a Sustainable Future

Tuesday, February 15, 2022

One of UAE’s most resilient companies maintains robust operations, aims to expand portfolio Abu Dhabi, United Arab Emirates – 15 February 2022...

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Tabreed Enters Egyptian Market, Partnering with MARAKEZ and Gascool for East Cairo’s New ‘D5M’ Mall

Thursday, February 10, 2022

Partnership demonstrates Tabreed’s support for Egypt’s energy transition strategy Abu Dhabi, UAE, 10 February 2022: N...

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Tabreed Doubles Contracted Capacity in Oman with 30,000 RT Al Mouj Muscat Concession

Tuesday, January 25, 2022

New addition sees Tabreed’s Oman portfolio increase to seven district cooling plants   Abu Dhabi, UAE, 25 J...

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Tabreed Announces Antonio Di Cecca as its New Chief Operating Officer

Wednesday, January 05, 2022

Abu Dhabi, UAE, 05 January 2022: The National Central Cooling Company PJSC (DFM: Tabreed), today announced that its Board of Directors has appoin...

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Tabreed Partners with IFC for Expansion in India

Monday, December 20, 2021

Abu Dhabi, UAE, 20 December 2021: National Central Cooling Company PJSC (DFM: Tabreed) has finalised a significant strategic partnership with the International Finance Corporation (IFC), a member of the World B...

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Tabreed’s Q3 2021 Financial Results are Announced, with Increased Profitability resulting from Sound Business Planning

Sunday, November 14, 2021

Company now more agile than ever, paving the way for further expansion 14 November, 2021 – Abu Dhabi, United Arab Emirates: The Nation...

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Tabreed Honoured with Sheikh Khalifa Excellence Award and ‘System of the Year’ by the International District Energy Association

Sunday, October 10, 2021

Abu Dhabi, UAE, 10 October 2021: National Central Cooling Company PJSC (DFM: Tabreed) has been awarded ‘System of the Year’ by the International District Energy Association (IDEA) in a special ceremony during the ...

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Tabreed acquires additional stake in exclusive district cooling scheme at Abu Dhabi’s Al Maryah island

Sunday, August 29, 2021

Abu Dhabi, UAE, 29 August 2021: National Central Cooling Company PJSC (DFM: Tabreed) has announced the acquisition of an additional 50% stake in the exclusive 80,000 refrigeration ton district cooling scheme suppl...

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Tabreed Announces its H1 2021 Financial Results, Demonstrating Further Growth and Continued Resilience

Wednesday, August 11, 2021

Operations remain robust during continuously challenging market conditions Portfolio’s connected capacity across GCC increases to more than 1.41 million refrigeration tons 11 August, 20...

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Tabreed celebrates a Year of Collaboration with Emaar and recent Connection to Dunya Towers in Downtown Dubai

Tuesday, June 01, 2021

First anniversary of partnership reveals significant environmental benefits to one of the world’s most iconic real estate developments  1 June, 2021 – Dubai, United Arab Emirate...

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Tabreed Announces Khalid Al Marzooqi as its New CEO

Monday, May 17, 2021

17 May, 2021 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer headquartered in the UAE, today annou...

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Tabreed Steps into 2021 with remarkable Q1 Results

Sunday, May 09, 2021

Net profit of AED 85.5 million, up 4% compared to same period in 2020   Portfolio’s connected capacity no...

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Tabreed lights up Burj Khalifa in celebration of all-new brand identity

Monday, April 12, 2021

‘Essential for Progress’ central to company’s messaging as it looks to the future, following 23 years of outstanding achievement 12 April, 2021 – Abu Dhabi, United Arab Emirates...

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Tabreed eliminates over 1.35 million metric tons of CO2 emissions in 2020

Wednesday, March 17, 2021

Tabreed publishes its first ESG report 17 March, 2021 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (Tabre...

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Tabreed and IFC to set up a district energy investment platform

Wednesday, March 03, 2021

Platform to target $400 million in capital deployment in India and other South East Asian countries 03 March 2021 – Abu Dhabi, United Arab Emirates: National Central C...

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Tabreed expands its R&D funding commitment to boost efficiency and sustainability

Sunday, February 28, 2021

Company targeting efficiency improvement of 30% against comparable industry performance benchmarks 28 February 2021 – Abu Dhabi, United Arab Emirates: National Central Cooling Co...

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Tabreed reports a 16.5% increase in 2020 Net Income to AED 550 Million

Monday, February 15, 2021

15 February, 2021 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international district cooling developer, today released its audited financial r...

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Tabreed to cool twofour54 Abu Dhabi’s Yas Creative Hub

Sunday, January 24, 2021

24 January 2021 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based district cooling developer, has announced the signing of an agreement with twofour54 t...

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Tabreed and Masdar expand collaboration efforts

Wednesday, January 20, 2021

20 January 2021 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the international, leading UAE-based district cooling developer, has announced that it is expanding its part...

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Tabreed Energy Services establishes strategic partnership with ADCP to Promote Energy Conservation

Wednesday, January 13, 2021

13 January 2021 – Abu Dhabi, United Arab Emirates: Tabreed Energy Services, a company that provides customers with an integrated set of consultancy, operations and maintenance services and is a wholly owned subsidiary of the Natio...

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Tabreed and Miral Sign Cooling Agreement for SeaWorld Abu Dhabi

Wednesday, January 06, 2021

The deal will see a new dedicated plant built by 2022 to service SeaWorld Abu Dhabi and future Yas Island projects. 06 January, 2021 – Abu Dhabi, United Arab Emirates: National Central ...

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Tabreed acquires Saadiyat Island District Cooling concessions for AED 963 million

Wednesday, December 23, 2020

Total capacity of the concession is 88k RT 23 December 2020 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (...

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Tabreed reports 2020 third quarter; delivers 13% increase in net profit YoY

Thursday, November 12, 2020

12 November, 2020 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international district cooling developer, today reported financial results for the t...

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Tabreed raises USD 500 million with new 7-year 2.5% bond

Wednesday, October 21, 2020

21 October, 2020 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading  District Cooling developer headquartered in the UAE, today announced that it has successfully raised USD500 mil...

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Tabreed successfully closes syndication of $692 million loan

Wednesday, September 09, 2020

Successful syndication is recognition of Tabreed’s strong market position despite challenging global conditions 9 September, 2020 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (“Tabreed” or ...

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Tabreed launches ‘Tabreed Cares’ initiative across the region

Wednesday, September 02, 2020

2 September, 2020 – Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (Tabreed), the leading international district cooling developer based in the UAE, has announced the launch of a new initiative titled ‘#Tab...

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Tabreed announces 2020 H1 financial results, resilient operations during pandemic

Sunday, July 26, 2020

26 July, 2020 Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in UAE, released its consolidated financial results today for the f...

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Tabreed Announces Q1 Financial Results; Covid Pandemic Countermeasures

Thursday, May 07, 2020

Tabreed navigates global pandemic to ensure highest standards are maintained across all services Tabreed aligns work processes with health guidelines issued by relevant authorities 7 May, 2020 ...

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Tabreed acquires world’s largest district cooling scheme in Downtown Dubai

Monday, April 06, 2020

AED 2.48 billion deal with Emaar   06 April 2020 – Dubai, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-...

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Tabreed Shareholders Approve 10.5 Fils Dividend per Share for 2019

Monday, March 16, 2020

16 March 2020 – Abu Dhabi, United Arab Emirates: The shareholders of the National Central Cooling Company PJSC (DFM: TABREED), the leading UAE-based international district cooling developer, have ...

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Tabreed Appoints New Chief Financial Officer

Tuesday, March 10, 2020

10 March 2020 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international district cooling developer, today announced the appointment of Mr. Ade...

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Tabreed reports an 11% increase in 2019 Net Profit to AED 472.5 Million

Tuesday, January 28, 2020

28 January 2020 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international district cooling ...

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Tabreed acquires Masdar City’s district cooling plants

Wednesday, January 15, 2020

15 January 2019 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international district cooling ...

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Bee’ah, Tabreed Join Forces to Develop District Cooling Projects in Sharjah

Wednesday, January 15, 2020

Abu Dhabi, UAE, 15 January 2020: Bee’ah, the Middle East’s leading sustainability pioneer, and National Central Cooling Company (Tabreed), the leading international district cooling developer based in the UAE, hav...

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Tabreed Energy Services Launched

Wednesday, January 15, 2020

15 January 2020 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in the UAE, establishes ‘Tabreed Energy Servi...

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Tabreed increases its stake in Saudi Tabreed to 28%

Sunday, December 22, 2019

22 December, 2019 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in the UAE, has acquired an additional 8 pe...

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Tabreed Marks 10 Million Hours without any Loss Time Injury

Thursday, November 28, 2019

28 November, 2019 – Abu Dhabi, United Arab Emirates: The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in the UAE, celebrates hitting 10 million safe work hours wi...

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Tabreed Reports Net Profit of AED 329.1 Million in the Third Quarter of 2019

Sunday, November 03, 2019

Moody’s reaffirms Tabreed’s Credit Rating 03 November, 2019 – Abu Dhabi, United Arab Emirates...

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Tabreed Concludes its Participation in UN Climate Action Summit 2019

Tuesday, October 01, 2019

The National Central Cooling Company PJSC “Tabreed,” the global leading UAE-based district cooling developer, participated in the United Nations Climate Action Summit 2019 and related side events, which took place in New York City...

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Tabreed demonstrates commitment to enhancing energy efficiency with ISO 50001 certification

Thursday, September 12, 2019

- Tabreed first district cooling company in the region to receive ISO 50001:2018 certification...

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Tabreed to Participate in World Energy Congress

Sunday, September 01, 2019

Highlighting its support in developing energy efficient communities 28 August 2019, Abu Dhabi, UAE: The National Cent...

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Tabreed showcases its innovative technology and highlights the contribution of district cooling to sustainable development

Sunday, September 15, 2019

Tabreed Bahrain Hosts an Official Delegation from Bahrain Financial Harbour 18 August 2019, Abu Dhabi, UAE: Bahrain D...

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Tabreed reports solid results for the first half of 2019 with underlying net profit up 11%

Thursday, August 01, 2019

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling developer, released today its consolidated financial results for the first half of 2019. The company continues to meet the regio...

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Tabreed’s Q1 2019 Net Profit Increases 3% To AED 80 Million

Thursday, May 09, 2019

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today released its 2019 first quarter consolidated financial results. The company continues to deliver strong a...

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Tabreed Announces Bader Al Lamki as New CEO

Sunday, April 21, 2019

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based international cooling provider, announced today that the Board of Directors has appointed Bader Saeed Al Lamki as the Company’s new Chief Executive Office...

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Tabreed Shareholders Approve 19% Increase in Cash Dividend

Thursday, March 07, 2019

Tabreed Shareholders Approve 19% Increase in Cash Dividend 9.5 fils dividend per share for 2018   March 7, 2019 - ABU DHABI, UAE: The shareholders of National Central Co...

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Tabreed Signs First District Cooling Concession in India

Wednesday, February 13, 2019

Tabreed Signs First District Cooling Concession in India Signs 30 years concession agreement for the new Andhra Pradesh Capital City, one of the world’s most sustainable cities February 13, 2019 – Abu Dhabi, United Arab Emir...

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Tabreed Integrates Big Data Technology to Improve Operational Performance

Thursday, May 09, 2019

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, is integrating data-based operational intelligence software across its network of district cooling plants to mo...

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Tabreed’s 2018 Full Year Net Profit Increases 7% During its 20th Year of Operation

Thursday, January 31, 2019

Tabreed’s 2018 Full Year Net Profit Increases 7% During its 20th Year of Operation   Board of Directors recommends increasing dividend by 19% to 9.5 fils per ...

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Tabreed Launches Knowledge Development Programme, The Ethra’a Initiative

Tuesday, January 29, 2019

Tabreed Launches Knowledge Development Programme, The Ethra’a Initiative   Fosters synergies between academia and the district energy sector ...

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Tabreed Obtains Four Leading Industry Awards for 2018

Tuesday, December 18, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, has been awarded ‘District Cooling Utility Provider of the Year’ at the Climate Control Awards, ‘Excellence in ...

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Tabreed Reports 10% Increase in Net Profit to AED 319.3 Million

Wednesday, November 14, 2018

Tabreed has been rated investment grade by two credit rating agencies National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today r...

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Tabreed Raises USD 500 million With New 7 Year Sukuk

Tuesday, October 30, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today announces it has successfully raised US$500 million (AED 1.8 billion) with a fixed rate senior unsecured ...

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Tabreed’s H1 2018 Net Profit Increases 10% To AED 211.9 Million

Thursday, August 02, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its consolidated financial results for the first half of 2018. The company continues to meet the region’s ...

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IDB Infrastructure Fund II acquires stake of Saudi Tabreed

Thursday, May 03, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today announced the acquisition of a significant stake in its associate, Saudi Tabreed, by the IDB Infrastructure Fund II...

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Tabreed’s Q1 2018 Net Profit Increases 3% To AED 77.7 Million

Thursday, April 26, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its 2018 first quarter consolidated financial results. The company continues to deliver strong and consist...

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Tabreed acquires 50% of Reem Island District Cooling Plant from Aldar

Tuesday, March 13, 2018

New acquisition gives Tabreed 100% ownership of the plant National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility company, today announced the acquisition ...

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Tabreed Shareholders Approve 8 Fils Dividend Per Share for 2017

Thursday, March 08, 2018

23% higher cash dividend than 2016 At the annual general meeting, the shareholders of National Central Cooling Company PJSC (DFM: TABREED), the leading regional district cooling utility company, today appr...

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Tabreed’s 2017 Full Year Net Profit Increases 9% to AED 400.1 Million

Wednesday, January 31, 2018

Board of Directors recommends increasing dividend by 23% to 8 fils per share National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, t...

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Tabreed and Masdar Institute of Science and Technology Successfully Complete Pilot Project to Enhance District Cooling Plant Energy Efficiency

Tuesday, January 23, 2018

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company and the Masdar Institute of Science and Technology, a part of the Khalifa University of Science and Technology, ...

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Tabreed and Masdar Sign Operations & Maintenance Service Agreement to Operate Masdar City’s First District Cooling Plant

Tuesday, December 26, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company and Abu Dhabi’s renewable energy company, Masdar, today announced that they have signed a service agreement to o...

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Tabreed Wins Local Currency Loan Deal of the Year

Wednesday, December 13, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company won the local currency loan deal of the year at the Bond, Loans and Sukuk Awards Middle East on held on December...

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Tabreed’s Net Profit Increases 8% to AED 290.4 Million

Wednesday, November 08, 2017

November 8, 2017 - Abu Dhabi, United Arab Emirates: National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based district cooling utility infrastructure company, today released its 2017 third quarte...

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Tabreed’s Stock Becomes Shari’a Compliant

Tuesday, October 31, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company, announced today that its stock has become certified as Shari’a compliant. The announcement follows the recen...

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Tabreed’s Shareholders Elect Four New Board Members

Tuesday, September 12, 2017

Election follows successful completion of ENGIE investment in Tabreed National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company, announced today the e...

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Tabreed Announces Successful Completion of ENGIE Investment

Wednesday, August 16, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company, announced today the successful completion of the investment by ENGIE, the global energy company, to acquire 40%...

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Tabreed’s First Half Net Profit Increases 20 per cent to AED 192.7 Million

Friday, July 21, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its 2017 first half consolidated financial results. The company continues to deliver solid performance and...

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ENGIE Acquires Major Shareholding in Tabreed

Monday, June 19, 2017

National Central Cooling Company PJSC (DFM: Tabreed), the leading regional UAE-based district cooling utility company, is pleased to announce that ENGIE is making an investment of approximately AED 2.8 billion to become a signific...

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Tabreed’s Q1 2017 Net Profit Increases by 19% to AED 75.4 million

Tuesday, May 09, 2017

Khaled Al Qubaisi appointed Chairman of Tabreed’s Board of Directors National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its 2017 first qu...

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Tabreed Shareholders Approve 6.5 fils Dividend per Share for 2016

Tuesday, March 07, 2017

8% higher cash dividend than 2015 Shareholders of National Central Cooling Company PJSC (DFM: Tabreed), the regional UAE-based district cooling utility company, yesterday approved a dividend of...

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Tabreed’s 2016 Full Year Net Profit Increases 6% to AED 367 Million

Monday, January 30, 2017

Board of Directors recommends increasing dividend to 6.5 fils per share National Central Cooling Company PJSC (DFM: Tabreed), the leading regional district cooling utility company, today released its audited 20...

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Tabreed Acquires ICT’s District Cooling Plant

Wednesday, January 18, 2017

New acquisition increases Tabreed’s portfolio to 71 plants National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility company, today announced the acquisition of a distric...

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Tabreed’s Net Profit Increases 6% to AED 269 Million

Thursday, October 27, 2016

Connected capacity exceeds a Million Refrigeration Tons UAE: National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility infrastructure company, today released its 2016 thi...

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Tabreed Surpasses 1 Million Refrigeration Tons

Monday, October 17, 2016

National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility company, today announced that it surpassed 1 million Refrigeration Tons of cooling capacity. Tabreed recently commenced the suppl...

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Tabreed’s First Half Net Profit Increases 5 per cent to AED 160.5 Million

Thursday, July 28, 2016

National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based district cooling utility infrastructure company, today released its 2016 first half consolidated financial results. The company continues to deliver a con...

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Tabreed’s Q1 2016 Net Profit Increases by 4% to AED 63 Million

Thursday, April 28, 2016

National Central Cooling Company PJSC (DFM: Tabreed), the Abu Dhabi-based regional district cooling utility company, today released its 2016 first quarter consolidated financial results. The company’s robust financial performance ...

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Tabreed’s Annual General Assembly Approves Cash Dividend of 6 Fils per Share

Thursday, March 03, 2016

Dividend yield amongst the top 10 companies on the DFM Shareholders of National Central Cooling Company PJSC (DFM: Tabreed), the regional UAE-based district cooling utility company, yesterday a...

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Invitation to the Annual General Assembly Meeting of the Company’s Shareholders

Wednesday, February 10, 2016

The Board of Directors of National Central Cooling Company PJSC (Tabreed or the Company) is pleased to invite its shareholders to attend the General Annual General Assembly Meeting, which is to ...

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Tabreed’s 2015 Full Year Net Profit Increases 6% To AED 345 Million

Monday, February 01, 2016

Board of Directors recommends increasing dividend to 6 fils per share National Central Cooling Company PJSC (DFM: Tabreed), the regional district cooling utility company, today released its audited 2015 financi...

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Tabreed reduces energy consumption by 1.3 billion kilowatt hours in 2015

Wednesday, January 13, 2016

Prevention of over 650,000 tons of carbon dioxide emissions National Central Cooling Company PJSC (DFM: Tabreed), the regional district cooling utility infrastructure company, has reduced the amount of energy u...

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Tabreed Finalizes AED 192.5 Million Loan Facility for its District Cooling Plant for Dubai Parks and Resorts

Wednesday, December 16, 2015

The project financing will be provided by Emirates NBD National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility infrastructure company, today announced it has completed ...

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Tabreed’s Year-to-Date Net Profit Increases 4% to AED 254 Million

Thursday, October 29, 2015

Earnings per share increases 12% as a result of the successful completion of bonds buyback National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility infrastructure compa...

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Tabreed’s H1 Net Profit Increases 3% to AED 153 Million

Thursday, July 23, 2015

Company completes buyback of Bonds which will increase earnings per share National Central Cooling Company PJSC (‘Tabreed’), the leading UAE-based district cooling utility infrastructure company, today released...

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Tabreed’s Shareholders Approve the Buyback of 28% of Bonds Held by Mubadala

Wednesday, July 08, 2015

Buyback of bonds will increase earnings per share Shareholders of National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi–based regional district cooling utility company, yesterday approved the proposa...

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Tabreed Commences Chilled Water Supply to Al Hilal Bank Tower on Al Maryah Island

Thursday, May 28, 2015

National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today announced that it has recently commenced the supply of chilled water to the Al Hilal Bank tower on Abu Dhabi’s ...

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Tabreed’s Invitation for its Ordinary General Assembly

Thursday, May 14, 2015

Tabreed’s Invitation for its Ordinary General Assembly The Board of Directors of National Central Cooling Company PJSC (Tabreed) is pleased to invite its shareholders to attend the Ordinary General Assembly mee...

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Tabreed calls Ordinary General Assembly to propose bonds buyback

Wednesday, May 06, 2015

The proposed buyback of 28% of the mandatory convertible bonds held by Mubadala will save Tabreed over AED 30 million annually National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi–based regional dis...

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Tabreed’s Q1 2015 Net Profit Increases 5% To AED 61 Million

Wednesday, April 29, 2015

Strong regional operations and lower finance costs drive company’s performance Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based r...

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Tabreed’s Annual General Assembly Approves 5 Fils per Share Dividend

Thursday, March 12, 2015

Shareholders of National Central Cooling Company PJSC (“Tabreed”), the regional Abu Dhabi-based district cooling utility company, yesterday approved a cash dividend of five fils per share at the company’s Annual G...

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Tabreed Appoints New Chief Financial Officer

Wednesday, February 11, 2015

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi -based regional district cooling utility company, today announced the appointment of Steve Ridlington as Chief Fin...

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Tabreed’s 2014 Full Year Net Profit Increases 20% To AED 326 Million

Thursday, January 22, 2015

118,000 tons of cooling added during the year Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, ...

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Tabreed Renews Major District Cooling Agreement in Abu Dhabi

Tuesday, January 20, 2015

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi based regional district cooling utility infrastructure company, today announced the renewal of its district coolin...

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Tabreed Completes AED 2.6 Billion Refinancing of Existing Debt Facilities

Monday, January 05, 2015

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the UAE-based regional district cooling company, today announced the completion of the refinancing of its current AED 2.6 billio...

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Tabreed’s Year-to-Date Net Profit Increases 21% to AED 244 Million

Thursday, October 23, 2014

Major agreement signed with Meraas Leisure and Entertainment October 23: Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based regional distri...

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Tabreed Signs Agreement with Meraas Leisure and Entertainment

Monday, September 15, 2014

Tabreed has signed a long term concession with Meraas Leisure and Entertainment to provide 45,600 tons of cooling to the new Dubai Parks and Resorts development in Jebel Ali. The district cooling infrastructure being developed by ...

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Tabreed’s H1 2014 Net Profit Increases 17% to AED 149 Million

Thursday, July 24, 2014

Renewed agreement with the United Arab Emirates Armed Forces valued at AED 6 billion National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility infrastructure compan...

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Tabreed-MIP Consortium Acquires 30 Year District Cooling Concession on Al Maryah Island, Abu Dhabi

Thursday, July 10, 2014

A consortium comprising National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, and Mubadala Infrastructure Partners (‘MIP’), an infrastructure focused fund investing in the...

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Mubadala to Convert AED 134 million of Tabreed Bonds into Shares

Wednesday, July 09, 2014

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (“Tabreed”) has been notified by its bondholder, Mubadala Development Company (“Mubadala”), of its intention to exercise its right to convert...

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Tabreed Signs Contract with UAE University for 17,500 Tons

Monday, June 23, 2014

Will also provide cooling to additional projects currently under construction Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (“Tabreed”), the leading Abu Dhabi-based di...

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Tabreed Wins Two Awards at International District Energy Conference

Thursday, June 12, 2014

Two silver awards from leading global association based in USA Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling ...

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UAE Armed Forces and Tabreed Sign New Master Services Agreement Valued at AED 6 Billion

Tuesday, June 03, 2014

Abu Dhabi – National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility infrastructure company, today announced the renewal of its master services agreement (MSA) with t...

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Tabreed Continues Regional Growth as Qatari Affiliate Signs Contract for the Construction of a Fourth District Cooling Plant

Sunday, May 25, 2014

Abu Dhabi, May 25 2014 – National Central Cooling Company PJSC (“Tabreed”), the leading Abu Dhabi-based district cooling utility infrastructure company, has continued its expansion in the GCC with the signing by i...

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Tabreed’s 2013 Year-to-Date Net Profit Increases 21% To AED 202.3 Million

Monday, November 04, 2013

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today released its consolidated third quarter (Q3) 2013 financial ...

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TABREED LAUNCHES TRAINING PROGRAMME FOR UNIVERSITY STUDENTS

Monday, September 02, 2013

Initiative aims to prepare UAE national university students to excel in the private sector Abu Dhabi, United Arab Emirates – National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based distri...

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TABREED’S NET PROFIT INCREASES 34% TO AED 127 MILLION IN H1 2013

Thursday, August 01, 2013

Strong business fundamentals drive company’s consistent performance Abu Dhabi, United Arab Emirates – National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district coo...

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Tabreed Commences Chilled Water Supply to The Residences – World Trade Center Abu Dhabi

Tuesday, July 02, 2013

Energy efficient cooling system to reduce Abu Dhabi’s tallest residential tower’s carbon dioxide emissions by 3,500 tons per year National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based d...

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Tabreed Wins Two Awards at World District Energy Conference in USA

Wednesday, June 05, 2013

Tabreed receives global recognition with first and second prize in two categories from over 1,700 members Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dha...

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TABREED’S Q1 2013 NET PROFIT INCREASES 30 PER CENT

Tuesday, April 30, 2013

Chilled water revenue reaches AED 203 million Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today released its ...

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Tabreed Annual General Assembly Approves 5 Fils Per Share Dividend

Wednesday, April 17, 2013

Abu Dhabi – United Arab Emirates: The Annual General Assembly of National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, yesterday approved all resolutions presented to shar...

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Invitation to the Ordinary General Assembly Meeting of Company’s Shareholders

Monday, March 18, 2013

The Board of Directors of National Central Cooling Company PJSC “Tabreed” is pleased to invite its shareholders to attend the Annual General Assembly meeting, which is to be held on Tuesday, April 9th,2...

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Tabreed Partners with Masdar Institute on R&D Project Aimed at Enhancing Operational Efficiencies in District Cooling Plants

Sunday, March 03, 2013

Project to develop ‘smart module’ capable of automatically controlling equipment to reduce energy consumption Abu Dhabi: 3 March 2013 – National Central Cooling Company PJSC "Tabreed", the Abu Dhabi based distr...

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Tabreed’s 2012 Year-to-Date Net Profit Increases 29% To AED 167.6 Million

Wednesday, October 31, 2012

Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the leading Abu Dhabi-based district cooling utility company, today released its consolidated third quarter (Q3) 2012 financial ...

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TABREED APPOINTS NEW CHIEF EXECUTIVE OFFICER

Wednesday, August 08, 2012

FORMER CEO TO REMAIN AS ADVISOR Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (Tabreed), the Abu Dhabi-based district cooling utility company, today announced the appointment of Jasim ...

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25% INCREASE IN TABREED’S H1 2012 NET PROFIT

Wednesday, August 01, 2012

Profit from chilled water operations reached AED 155.5 million   Abu Dhabi – United Arab Emirates: National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based district coolin...

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Tabreed Marks Decade of Commitment to the Environment, Customers and Employees with ISO Certifications

Sunday, June 24, 2012

Re-Certifications highlight company’s commitment to international best practices Abu Dhabi: 24 June 2012 – National Central Cooling Company PJSC (‘Tabreed’), t...

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Tabreed completes expansion of key Al- Ain district cooling plant

Wednesday, May 16, 2012

Total installed capacity at the plant, the largest district cooling plant in Al Ain, expanded to over 18,000 RT Abu Dhabi: 16th May 2012 – National Central Cooling Company PJSC “Tabreed”, the Abu Dha...

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Tabreed's Q1 2012 net profit increased 15 per cent

Tuesday, May 01, 2012

Chilled water profit margins increased to 38% driven by improving operating efficiencies National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based district cooling utility company, released its 201...

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Tabreed inaugurates new district cooling plant in AJMAN

Thursday, March 15, 2012

New plant represents a significant investment with a capacity of 10,000 RT as Tabreed continues to deliver on its scheduled build out program Abu Dhabi: 15 March 2012 – National Central Cooling Company PJSC (‘T...

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Invitation to attend the Annual General Assembly Meeting of National Central Cooling Company PJSC

Monday, February 27, 2012

The Board of Directors of National Central Cooling Company PJSC (the “Company”) is pleased to invite the shareholders of the Company to attend the Annual General Assembly meeting, to be held on Mo...

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Tabreed’s 2011 full year net profit increased 34 percent

Wednesday, February 01, 2012

Group’s total installed capacity across the region reaches 749,125 RT National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based district cooling utility company, released its 2011 unaudited full ye...

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Tabreed’s 2011 year to date net profit increases 12%

Thursday, November 03, 2011

Successfully completes 11 new district cooling plants in Q3 2011 National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based district cooling utility company, released its unaudited consolidated thir...

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Tabreed Registers Robust First Half 2011 Consolidated Financial Results

Thursday, August 11, 2011

Q2 net profits up 37% from Q1 as chilled water business drives strong growth Q2 net profits up 37% from Q1 as chilled water business drives strong growth National Central Cooling Company PJSC ...

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Tabreed Repays 06 SUKUK in Full

Wednesday, July 20, 2011

Settlement of AED 735m Follows Successful Completion of Recapitalization Program National Central Cooling Company PJSC (‘Tabreed’), the world’s leading district cooling company, announced today that it has repa...

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Tabreed Completes Tender Offer for its 08 SUKUK

Sunday, May 22, 2011

National Central Cooling Company PJSC (‘Tabreed’),  the Abu Dhabi-based utility company, today announced that it has completed the tender offer in relation to its 08 Sukuk by way of delivery of the relevant shares. This announceme...

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Ministerial Approval of Issuance of New Shares in Relation to 08 SUKUK

Tuesday, May 17, 2011

National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, today announced that it has received a Ministerial Resolution from the UAE Ministry of the Economy approving its planned capital increase in r...

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Q1 Financial Results

Thursday, May 12, 2011

National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, released its first quarter consolidated financial results today.  These results, the first to be announced since the successf...

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Tabreed’s AGA approves new Board Members

Thursday, May 12, 2011

Waleed Al Mokarrab Al Muhairi appointed new Chairman and Khaled Al Qubaisi reappointed Managing Director The shareholders of National Central Cooling Company PJSC (‘Tabreed’), the world’s leading district cooli...

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Tabreed successfully completes recapitalization program.

Friday, April 01, 2011

Company pursuing long-term growth opportunities Abu Dhabi, 1 April 2011 - National Central Cooling Company PJSC (‘Tabreed’), the world’s leading district cooling company, today announced that it has successfull...

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Tabreed Secures up to a AED 3.1 Billion in new Long-term Capital

Wednesday, March 02, 2011

Recapitalization program scheduled to close by 31 March Abu Dhabi, 2 March 2011 - National Central Cooling Company PJSC (‘Tabreed’ or ‘the Company’), the world’s leading district cooling company, today announce...

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08 Sukuk Process Announcement

Wednesday, March 02, 2011

National Central Cooling Company PJSC announces tender offer and proposal to the holders of the outstanding... Click below link to read more Sukuk Proce...

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Tabreed Announces Regulatory Approval for Capital Reduction of 970 Million Shares

Thursday, December 09, 2010

National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, today announced that it has received regulatory approval from the Ministry of the Economy and the Emirates Securities and Commodities Authorit...

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Tabreed Issues Third Quarter 2010 Consolidated Financial Results

Tuesday, November 09, 2010

Steady Improvement Continues As Chilled Water Business Generates Strong Revenues and Profit National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, today released its third quart...

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Tabreed issues second quarter 2010 consolidated financial results chilled water business drives strong profit growth.

Thursday, August 12, 2010

Tabreed issues second quarter 2010 consolidated financial results chilled water business drives strong profit growth. National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, today released its se...

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Tabreed Shareholders Approve Recapitalization of the Company

Monday, May 31, 2010

National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi based utility company, today announced that the Company’s shareholders voted in favor of a series of resolutions presented by the Board of Directors that will lay th...

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Tabreed Reports Solid First Quarter Profit

Monday, April 26, 2010

Chilled water revenue more than doubles and recapitalization program progresses National Central Cooling Company PJSC (‘Tabreed’), the Abu Dhabi-based utility company, released its first quarter 2010 consolidat...

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Tabreed Strategic Business Review Leads to Recapitalization Program

Monday, March 08, 2010

Un-audited full-year results for 2009 announced Highlights: Total revenues for 2009: AED 742 million (2008: AED 735 million) Gross profit was AED 291 million; after imp...

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Tabreed Issues Third Quarter 2009 Consolidated Financial Results

Wednesday, November 11, 2009

National Central Cooling Company PJSC ‘Tabreed’, the Abu Dhabi-based utility company released its third quarter 2009 consolidated financial results today. For the nine months ending 30 September  2009, total revenue increased by 1...

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Tabreed issues second quarter 2009 consolidated Financial Results

Wednesday, August 12, 2009

National Central Cooling Company PJSC, ‘Tabreed’ the Abu Dhabi-based utility company released its second quarter 2009 consolidated financial results today. For the six months ending 30 June 2009, total revenue increased by 22 per ...

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Tabreed secures additional financing

Sunday, July 05, 2009

National Central Cooling Company secures AED 1100 million in regional financing for 2009. National Central Cooling Company PJSC, ‘Tabreed’ the Abu-Dhabi based utility company announced today that it has secured a two-year AED 7...

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Tabreed Releases 2009 First Quarter Results

Wednesday, May 13, 2009

National Central Cooling Company’s Q1 consolidated financial results indicate a 29 per cent increase in consolidated net income National Central Cooling Company PJSC (ticker symbol: Tabreed), ‘Tabreed’ the Abu-...

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Tabreed appoints new CEO

Wednesday, May 06, 2009

National Central Cooling Company PJSC (ticker symbol: Tabreed) ‘Tabreed’, the Abu-Dhabi based utility company announced today that it has appointed Sujit S. Parhar to the position of Chief Executive Officer. Commenting on the a...

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Tabreed appoints new Chief Financial Officer

Thursday, April 09, 2009

National Central Cooling Company Adds New CFO To Executive Management Team National Central Cooling Company PJSC (ticker symbol: Tabreed)‘Tabreed’, the Abu-Dhabi based utility company announced today that it ha...

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Tabreed Announces Record Results

Thursday, February 12, 2009

National Central Cooling Company’s 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (ticker symbol: Tabreed), ‘Tabreed’ the Abu-Dhabi based utility c...

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Tabreed to further strengthen executive management team

Wednesday, January 28, 2009

Tabreed announced today that its Board of Directors has appointed Khaled Al Qubaisi to the role of Tabreed Managing Director. Mr. Al Qubaisi will be based in Tabreed’s Abu Dhabi offices, with the appointment taking effect immediat...

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