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 signs up for Sustainability Forum Middle East 2026

26/01/2026

Sustainability Forum Middle East (SFME) has announced Tabreed, a global leader in energy-efficient district cooling andsustainable cooling infrastructure, as lead partner for its fourth edition, whic

Trade Arabia

Tabreed, Sparklo join forces to boost UAE's recycling infrastructure

18/12/2025

Tabreed, the world's leading district cooling company, has announced a new sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure.

Th

Trade Arabia

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

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 3.36 -0.01 (-0.30%)
ACWAPOWER 192.00 -2.50 (-1.29%)
DEWA 2.77 0.00 (0.00%)
SAUDIELECTRICITY 14.14 -0.01 (-0.08%)
EMPOWER 1.56 -0.03 (-1.89%)
National Investments Company Wins Digital Innovation Award - Kuwait 2025

28/01/2026

In a new achievement underscoring its institutional leadership and ability to adapt to the rapid transformations shaping today's business environment, National Investments Company announced that it h

Kuwait Times

Gulf Bank launches new corporate banking mobile application to support businesses

28/01/2026

Gulf Bank announced the launch of its new application dedicated to SME & corporate enterprise banking, designed to meet the evolving needs of businesses across various sectors. The launch reflects th

Kuwait Times

KFH achieves KD 632.1 million in net profit for 2025, an increase of 5.0%

28/01/2026

Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al-Marzouq said that, by the grace of Allah, KFH has reported net profit of KD 632.1 million attributable to the shareholders of the bank for

Kuwait Times

Boubyan Bank announces solid net profits of KD 100.5 million for 2025

28/01/2026

Boubyan Bank announced its financial results for the year ended December 31, 2025, with its net profits growing by 4 percent compared with 2024 to reach KD 100.5 million. Profit Before Tax (PBT) grew

Kuwait Times

NBK posts strong net profits of KD 575.6 million in FY 2025

28/01/2026

National Bank of Kuwait (NBK) has announced its financial results for the financial year ended December 31, 2025. The bank reported a net profit of KD 575.6 million ($1.9 billion), compared to KD 600

Kuwait Times