Friday 30 January 2015
 
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Tabreed

Tabreed net profit increases 20pc to $88m

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, has posted  an profit increase of 20 per cent to Dh325.7 million ($88.6 million). In addition to connecting over 118,000

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Tabreed confirms $708m debt facility

United Arab Emirates utility Tabreed said on Monday it had completed the refinancing of debt facilities worth Dh2.6 billion ($707.9 million), confirming a Reuters story published the previous day. The new long-term facility was ar

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Tabreed confirms $708m debt facility

United Arab Emirates utility Tabreed said on Monday it had completed the refinancing of debt facilities worth Dh2.6 billion ($707.9 million), confirming a Reuters story published the previous day. The new long-term facility was ar

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UAE cooling firm Tabreed raises $708m loan

United Arab Emirates utility Tabreed has raised a Dh2.6 billion ($707.9 million) seven-year loan facility from three banks, two banking sources familiar with the matter said on Sunday. National Central Cooling Company, Tabreed'

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Tabreed posts 28pc increase in Q3 profit

UAE’s utility Tabreed reported a 28 per cent rise in third-quarter net profit on Thursday as revenue increased and it cut finance costs. The Dubai-listed firm made a net profit of Dh95.86 million ($26.1 million) in the three

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Tabreed wins $286m cooling services contract

UAE's Tabreed is heading a consortium that has acquired a concession to provide district cooling services in Abu Dhabi worth 1.05 billion dirhams ($285.9 million), the firm said on Thursday. The 30-year contract involves buyin

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Tabreed wins $1.6bn deal from armed forces

Dubai-listed National Central Cooling Company (Tabreed) on Tuesday said it had won a 6 billion dirhams ($1.63 billion) contract from the UAE armed forces to supply cooling services for 20 years. The news boosted Tabreed's shar

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Tabreed's Q1 net profit rises 22pc

District cooling firm Tabreed , partly owned by Abu Dhabi state fund Mubadala , posted a 22 percent increase in quarterly profit on Monday on the back of increase in its core chilled water business. The Dubai-listed firm made a fi

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Tabreed approves key dividends for 2013

Abu Dhabi-based utility firm Tabreed said it has won approval from the shareholders to distribute dividends of 5 fils per share. Tabreed said the shareholders also voted to approve all resolutions tabled at the annual general asse

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Tabreed net profit up 15pc

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, said its net profit increased by 15 per cent to Dh272.4 million ($74.1 million) last year, as compared to Dh236.3 million in 2012.

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