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- Oman's banking sector posts 8% growth in lending, deposits up 4.7%
- China's gold output up 1.39 % in 1st nine months of 2025
- Qatar National Bank launches first-of-its-kind Boat Finance
- Dubai Taxi Company posts 28% surge in Q3 on strong mobility demand
- Rising corporate debt not a major threat to Saudi banks: S&P
- Global experts discuss future of investment strategies at Bahrain event
- Agility Global Q3 profit up 21% on strong logistics demand
- Aramco executives stress AI's impact on materials science
- Abu Dhabi unveils vertiport network for air taxi operations
- AD Ports group charts course for hybrid human-AI workforce
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
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
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.42 | -0.02 (-0.59 |
| ACWAPOWER | 219.90 | -0.10 (-0.05 |
| DEWA | 2.82 | 0.02 (0.71 |
| SAUDIELECTRICITY | 14.70 | 0.05 (0.34 |
| EMPOWER | 1.61 | -0.02 (-1.23 |
12/11/2025
QNB has launched Boat Finance, a bespoke loan to finance boats up to QR2mn, offering an exclusive interest rate of 3.45% per annum (equivalent to 1.85% flat rate).
The loan finances both new
Gulf Times
12/11/2025
Dubai Taxi Company PJSC (DTC) reported a robust third-quarter performance, with net profit jumping 28 per cent year-on-year to Dh76.4 million, driven by higher trip volumes and sustained demand acros
Khaleej Times
12/11/2025
Agility Global, a multi-business owner, operator and investor, has reported a 21.1% rise in third-quarter EBIT which rose to $126.7 million, boosted by the completion of Menzies Aviation's acquisitio
Trade Arabia
12/11/2025
Senior Aramco executives have highlighted the transformational potential of artificial intelligence (AI), its role in overcoming long-established issues related to corrosion - and possibilities it pr
Trade Arabia
12/11/2025
In a move that signals a major shift in how industries approach talent, technology, and productivity, AD Ports Group has unveiled a visionary blueprint that reimagines the global workforce for the er
Khaleej Times
Financial Information Co.
Saudi Arabia