District Cooling

Construction & Real Estate

Empower net profit up 16.2pc in H1; revenue soars to $413m

Thu, 06 Aug 2026

Emirates Central Cooling Systems Corporation (Empower) has recorded solid results for the first half of 2026 with a 16.2% jump in its net profit, while its revenue rose to AED1.52 billion ($413 million) mainly driven by the growing demand for cooling services across Dubai.

Construction & Real Estate Energy, Oil & Gas

Tabreed delivers solid H1 results; revenue soars to $307m

Tue, 11 Aug 2026

National Central Cooling Company (Tabreed) has announced robust results for the first half delivering a revenue of AED1.13 billion ($307 million) supported by fixed capacity charges and ongoing capacity expansion. The connected capacity grew 15% to hit 1.58 million refrigeration tonnes (RT).

Construction & Real Estate Industry, Logistics & Shipping

Empower building new 23,400 RT district cooling plant in Dubai

Tue, 21 Jul 2026

Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, has awarded a contract for the construction of a new district cooling plant in the Al Sufouh 2 area in Dubai with a cooling capacity of 23,400 refrigeration tons (RT).

Construction & Real Estate Industry, Logistics & Shipping

Tabreed awards EPC contract for key Bahrain district cooling project

Sat, 25 Apr 2026

Tabreed Bahrain, a leading provider of sustainable district cooling solutions in the kingdom, has appointed Arabian International Company as the engineering, procurement and construction (EPC) contractor for the expansion of its chilled water network in the northern seafront area of Manama.

Energy, Oil & Gas

District cooling enhances efficiency in challenging times: opinion

Sun, 12 Apr 2026

Increasing temperatures and energy demand make energy efficiency a priority. Cooling dominates electricity use in Gulf countries, reaching 70 per cent of peak building demand in Bahrain, straining grids and driving need for sustainable solutions urban growth, according to Ali Al Rumaihi is the Country Manager for Tabreed in Bahrain

Construction & Real Estate Industry, Logistics & Shipping

Mace-Suez JV starts Qatar West Drainage maintenance work

Tue, 03 Feb 2026

Mace Qatar, a specialist in infrastructure construction and district cooling service, has joined hands with French utility major Suez to start the operation and maintenance of Qatar West Catchment Zone. The scope of work covers 1,375 km of foul sewer network, key treatment facilities as well as 43 pumping stations.

Construction & Real Estate Energy, Oil & Gas

Empower awards design contract for Business Bay district cooling plant

Wed, 25 Feb 2026

Emirates Central Cooling Systems Corporation (Empower) said it has awarded the design contract for the company's fifth district cooling plant in Business Bay, Dubai. Once operational, the plant will have a production capacity of 44,000 refrigeration tons (RT).

Construction & Real Estate

Tabreed posts $670m revenue as capacity expands

Fri, 13 Feb 2026

National Central Cooling Company, the world’s leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED2.46 billion ($669.84 million) and net profit of AED465 million ($126.62 million).

Construction & Real Estate Energy, Oil & Gas Industry, Logistics & Shipping

Tabreed posts solid growth for first nine months; revenue soars to $509m

Sun, 16 Nov 2025

Tabreed, a leading district cooling company, has recorded solid results for the first nine months with its group revenue surging to AED1.87 billion ($509 million), thus reflecting the resilience of its fixed capacity revenues backed by long-term concession agreements.

Construction & Real Estate Finance & Capital Market

Tabreed secures $490m new debt facility to support investment

Tue, 28 Oct 2025

Tabreed, a leading district cooling company, has announced the successful raising of AED1.8 billion ($490.13 million) new bank debt to support its strategic growth initiatives and optimise its capital structure.