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- Al Maha signs diesel supply agreement for Fahud heavy oil production Facility
- Gold price in Qatari market increases by 0.44% this week
- As of today, Estithmar Holding's listing on FTSE Mid Cap Index is effective
- Mena's electricity demand surge as countries diversify sources: IEA
- Kuwait Oil Minister Expects Demand Boost after US Rate Cut
- Al Seer Marine announces delivery of its third ammonia-capable VLGC
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
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
01/07/2025
Tabreed, a leading district cooling company based in Abu Dhabi, has entered into a partnership with CVC DIF, a Dutch mid-market infrastructure equity fund manager, to acquire PAL Cooling Holding from
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.48 | 0.00 (0.00 |
| ACWAPOWER | 196.80 | -5.40 (-2.68 |
| DEWA | 2.76 | 0.02 (0.72 |
| SAUDIELECTRICITY | 14.30 | 0.15 (1.06 |
| EMPOWER | 1.72 | 0.03 (1.77 |
19/09/2025
As part of its Corporate Social Responsibility and in support of Egypt's efforts to create a sustainable ecosystem that depends on renewable energy as one of the most important sources of energy, NBK
Kuwait Times
19/09/2025
Extending Al Maha's relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company's Chief Executive Officer, Eng. Hamed bin Salim Al Maghdri, signed a ne
Times of Oman
19/09/2025
As of September 18, 2025, Qatar based Estithmar Holding Q.P.S.C. has been included in the FTSE Mid Cap Index following the September 2025 FTSE Global Equity Index Series (GEIS) Semi-Annual Review. Ch
The Peninsula
19/09/2025
Al Seer Marine, a leader in advanced maritime solutions and a subsidiary of IHC, has announced with BGN the delivery of Merak, its third Very Large Gas Carrier (VLGC) equipped with ammonia-carrying c
Trade Arabia
19/09/2025
AD Ports Group, a global enabler of trade, transport, logistics, and industry, has awarded a contract to Baku Shipyard in Azerbaijan for the construction of two 780 TEUs container vessels that will s
Trade Arabia
Financial Information Co.
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