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- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
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- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
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
15/03/2018
National Central Cooling Company (Tabreed) has acquired the remaining 50 per cent of the shares in S&T Cool District Cooling Company, a major district cooling provider on Reem Island in Abu Dhabi, UA
Trade Arabia
02/02/2018
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 acquisiti
Gulf News
01/02/2018
The National Central Cooling Company (Tabreed) is looking at growth opportunities in the Middle East beyond its Arabian Gulf footprint, its chief financial officer said on Wednesday, on the back of a
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.14 | 0.01 (0.31 |
| ACWAPOWER | 292.80 | -5.00 (-1.68 |
| DEWA | 2.74 | 0.04 (1.48 |
| SAUDIELECTRICITY | 14.36 | -0.08 (-0.56 |
| EMPOWER | 1.60 | 0.01 (0.62 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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