Thursday 17 April 2014
 
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Tabreed

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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Tabreed saves record 1.2bn kW energy in 2013

UAE-based district cooling utility company Tabreed has announced that its annual energy savings in 2013 reached 1.2 billion kilowatt hours (kWh), a major achievement for the company. This significant reduction in energy consumptio

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Tabreed's Q3 net profit edges up 3pc

District cooling firm Tabreed , partly owned by Abu Dhabi state fund Mubadala , reported a 3 percent rise in third-quarter net profit on Monday on the back of revenue growth in its chilled water business and lower financing costs.

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Tabreed launches training drive for Emiratis

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, has launched a new training programme aimed at UAE national university students. The programme will commence in the upcoming a

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Tabreed starts chilled water supply to Abu Dhabi tower

UAE district cooling firm Tabreed said it has started the supply of chilled water to 'The Residences' at World Trade Center Abu Dhabi (WTCAD), delivering over 5,000 refrigeration tons (RT) to the 382-meter tower, the tallest in the capit

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Tabreed wins top awards at US energy summit

National Central Cooling Company (Tabreed), a leading Abu Dhabi-based district cooling utility company, received two awards at the 104th annual International District Energy Association (IDEA) conference held in Miami. Tabreed won

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UAE's Tabreed registers solid Q1 growth

District cooling firm Tabreed, which is partly owned by Abu Dhabi state fund Mubadala, said its net profit increased by 30 per cent to Dh47.8 million ($13 million) in the first quarter when compared to Dh36.8 million last year, helped by lower f

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Tabreed, Masdar sign up for R&D project

UAE district cooling firm Tabreed and Abu Dhabi-based Masdar Institute of Science and Technology have announced joint collaboration on a research and development (R&D) project that aims to enhance operational performance and reduce energy co

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Tabreed shares slide after bonds move

  District cooling firm Tabreed's shares plunged on Monday after the company announced plans to issue more convertible bonds to its key shareholder Mubadala as part of its first dividend payout since 2007.  

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