National Central Cooling Co PJSC (TABREED)

Dubai – Mubasher: National Central Cooling Company (Tabreed) has announced a record-high dividend payment of 15.50 fils per share for 2023, according to a press release. This represents an increase of 15% over the previous year, reflecting …

Dubai – Mubasher: National Central Cooling Company (Tabreed) logged a net profit before tax attributable to the parent company worth AED 751.40 million in 2023, up 25% year-on-year (YoY) from AED 600.20 million, according to a press release. Group …

Dubai – Mubasher: The carbon credits trading pilot programme by Dubai Financial Market (DFM) was launched on 5 December 2023, where institutional investors will be able to buy and sell until 11 December. Making its debut at the 28th UN Climate …

UAE – Mubasher: Abu Dhabi’s global tech ecosystem Hub71 has launched Hub71+ ClimateTech as a specialist ecosystem dedicated to endorsing and helping startups across the globe, according to a press release. Meanwhile, the Abu Dhabi National Oil …

Dubai – Mubasher: National Central Cooling Company (Tabreed) logged net profits attributable to the equityholders worth AED 285.13 million in the first nine months (9M) of 2023, versus AED 399.61 million in 9M-22. The UAE company generated …

Dubai – Mubasher: National Central Cooling Company (Tabreed) will explore developing and investing in Hyderabad’s district cooling infrastructure in India upon a memorandum of understanding (MoU) with the regional Indian Government of Telangana. …

Dubai – Mubasher: National Central Cooling Company (Tabreed) registered AED 386.39 million in net profit attributable to the owners during the first half (H1) of 2023. The recorded net profits were higher year-on-year (YoY) than AED 240.36 …

Dubai – Mubasher: National Central Cooling Company (Tabreed) has entered its first district cooling transaction in India through a strategic alliance with TATA Realty and Infrastructure Limited (TRIL), according to a press release. The joint …

Dubai – Mubasher: The shareholders of National Central Cooling Company (Tabreed) approved a cash dividend distribution of 13.50 fils per share for 2022, according to a press release. The annual general meeting (AGM) greenlighted the cash …

Dubai – Mubasher: The net profits attributable to the shareholders of National Central Cooling Company (Tabreed) reached AED 600.18 million in 2022, up 3% year-on-year (YoY) from AED 585.15 million. Tabreed generated AED 2.21 billion in revenues …

Dubai – Mubasher: National Central Cooling Company (Tabreed) reported net profits attributable to the owners from continuing operations worth AED 399.61 million in the first nine months (9M) of 2022, versus AED 307.79 million in 9M-21. Revenues …

Dubai – Mubasher: Tabreed Company for Central Cooling Services, a wholly-owned subsidiary of National Central Cooling Company (Tabreed), signed a long-term concession agreement with Egyptians for Healthcare Services (EHCS) at a value of EGP 1.60 …

Dubai – Mubasher: A subsidiary of National Central Cooling Company (Tabreed) was awarded an amount of AED 118 million as per an arbitration award issued in August 2022 over a financial dispute with one of its clients. The award value represents …

Dubai – Mubasher: The ordinary general meeting (OGM) of National Central Cooling Company (Tabreed) has agreed on a cash dividend distribution of 6 fils per share, aggregating at a total value of AED 166.55 million, for 2021. The company will also …

Dubai – Mubasher: National Central Cooling Company (Tabreed) has launched a green financing framework to support projects aligned with the UAE’s carbon-neutral objectives. Under the framework, the company will issue green bonds and loans to …

Dubai – Mubasher: The integrated report issued by National Central Cooling Company (Tabreed) for 2021 showed an increase of 7% year-on-year (YoY) in earnings before interest, taxes, depreciation, and amortisation (EBITDA) to AED 1.03 billion from …

Dubai – Mubasher: Tabreed Company for Central Cooling Services, a wholly-owned subsidiary of National Central Cooling Company (Tabreed), has signed an AED 22 million concession agreement for the design, construction, and long term operation of …

Dubai - Mubasher: Tabreed Oman, a 60.54%-owned subsidiary of National Central Cooling Company (Tabreed), has signed an agreement with Al Mouj Muscat (Al Mouj) to acquire the district cooling plants and related assets in Muscat Oman at a value of …

Dubai – Mubasher: National Central Cooling Company (Tabreed) has completed a strategic partnership for the International Finance Corporation (IFC), a member of the World Bank Group, to hold a 25% stake in Tabreed India, a wholly-owned subsidiary …

Dubai – Mubasher: The net profits attributable to the equity holders of National Central Cooling Company (Tabreed) jumped by 5% to AED 388.002 million during the first nine months of 2021 from AED 370.444 million in the same period of 2020, as …

Dubai – Mubasher: National Central Cooling Company (Tabreed) has entered into an agreement to divest its 44% stake in Qatar District Cooling Company (Qatar Cool) to United Development Company (UDC) in exchange for AED 417 million. Tabreed's assets …

Dubai – Mubasher: The net profits attributable to the equity holders of National Central Cooling Company (Tabreed) increased by 4% to AED 233.499 million during the first half (H1) of 2021 from AED 224.298 million in the same period of 2020, as …

Dubai – Mubasher: The board of National Central Cooling Company (Tabreed) has appointed Khalid Al Marzouqi as the company’s new CEO to replace Bader Al Lamki. Al Marzouqi has joined Tabreed from Dolphin Energy Limited where he occupied the …

Dubai – Mubasher: The net profits attributable to the equity holders of National Central Cooling Company (Tabreed) rose by 4% to AED 85.536 million in the first quarter (Q1) of 2021, compared to AED 82.217 million in the corresponding quarter of …

Dubai – Mubasher: The ordinary general meeting (OGM) of National Central Cooling Company (Tabreed) has approved a cash dividend distribution of 5.75 fils per share for 2020. During their meeting, the shareholders have agreed on issuing bonus …