Jasim Husain Thabet

Tabreed Signs First District Cooling Concession in India
Signs 30 years concession agreement for the new Andhra Pradesh Capital City, one of the world’s most sustainable cities
District cooling company Tabreed sees 7% increase in 2018 profits
Tabreed has announced a number of significant achievements during 2018, in addition to celebrating its 20th anniversary
Tabreed registers $87mn increase in its net profit
The growth was mainly driven by the acquisition of S&T Cool in March
Tabreed raises $500m with new seven year sukuk
The issue follows a series of fixed income investor meetings which took place in Europe and Asia, as well as in the UAE
UAE’s Tabreed posts 3% profit increase in Q1 2018
The company’s group revenue went up by 2% to Dh274.4 million in the first quarter of this year compared to Dh270.2 million during the same period last year

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