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- Omani bourse extends rally as financial sector leads
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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 | Change |
|---|---|---|
| ACWAPOWER | 442.20 | -2.00 (-0.46 |
| SAUDIELECTRICITY | 16.30 | 0.16 (0.99 |
| EMPOWER | 1.72 | 0.01 (0.58 |
| MARAFIQ | 54.70 | 0.50 (0.92 |
| DEWA | 2.49 | 0.03 (1.21 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.