Last 1.11 AED
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Volume 777.0K
As of 2:13 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

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04/15/14 - 2.64
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tabreed (TABREED) Details

National Central Cooling Company PJSC, together with its subsidiaries, provides cooling solutions in the United Arab Emirates and internationally. It operates in two segments, Chilled Water and Value Chain Business. The Chilled Water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems. This segment also distributes and sells chilled water for use in cooling technologies. The Value Chain Business segment constructs secondary networks; manufactures pre-insulated pipes; and sells chilled water related products. This segment also provides commissioning and engineering, water treatment, and design and supervision consultancy services. The company also operates and maintains plants. National Central Cooling Company PJSC was founded in 1998 and is headquartered in Dubai, the United Arab Emirates. National Central Cooling Company PJSC is a subsidiary of Mubadala Development Company PJSC.

Founded in 1998

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tabreed (TABREED) Key Developments

National Central Cooling Company PJSC, Board Meeting, Feb 24, 2015

National Central Cooling Company PJSC, Board Meeting, Feb 24, 2015., at 10:00 Arabic Standard Time. Agenda: To discuss the business and operations of the company.

National Central Cooling Company PJSC Appoints Steve Ridlington as Chief Financial Officer, Effective February 22, 2015 to Replace Adrian Kershaw

National Central Cooling Company PJSC (Tabreed) announced that Adrian Kershaw, Chief Financial Officer of the company will resign. The effective date is March 31, 2015. The company also announced the appointment of Steve Ridlington as Chief Financial Officer (CFO), effective February 22. Ridlington will succeed Adrian Kershaw, who will remain with the company until the end of March. Ridlington, who served as Tabreed's CFO from 2009 - 2011, and led the restructuring of the company during that period, will make his return to the UAE's district cooling company after spending the last four years in London, England, as CFO for Buried Hill, a private upstream oil and gas exploration company. He has over 34 years of international industry experience, 17 of which were spent in various leadership positions within BP, one of the world's top oil and gas companies. Kershaw will remain with Tabreed for one month and work alongside Ridlington to ensure a smooth leadership transition.

National Central Cooling Co. Reports Earnings Results for the Year 2014

National Central Cooling Co. reported earnings results for the year 2014. For the year 2014, net profit rose 20% on the year to AED 325.7 million. Revenue increased 3.0% to AED 1.13 billion, while earnings before interest, tax, depreciation and amortization (EBITDA) amounted to AED 535 million, up by 5.0% on the year.


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