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UAE's Tabreed eyes new markets to sustain growth

By District Energy posted 01-04-2023 19:53

  

Zawya

Summary

Tabreed is confident of resilient operations and excellent performance and will explore new markets to sustain its strong growth in 2023 and beyond, its top official says.

Bader Saeed Al Lamki, chief executive officer of Tabreed, said the UAE is the primary market for the company and it will continue to play key role in strengthening the economy by providing efficient district cooling services across the country.

"Tabreed will be celebrating 25 years in business in 2023, and in that time the company has grown to be the world leader in district cooling. We have 86 plants in our portfolio – a number which will increase as projects are completed (for instance, SeaWorld Abu Dhabi, where we have built a bespoke facility, which will go live in early 2023), and we recently commenced operations in India and Egypt," he said.

Tabreed is one of the UAE’s strongest growth companies and listed on the Dubai Financial Market. The company, which was founded in 1998, owns and operates 86 plants in its portfolio across the GCC, including 75 in the UAE, three in the Kingdom of Saudi Arabia, seven in Oman and one in the Kingdom of Bahrain, in addition to other international projects and operations.

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