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Tabreed Says Awarding Contracts for 8 Plants for Dubai Metro

National Central Cooling Co., known as Tabreed, said it is in the process of awarding contracts for eight new plants that would serve a Dubai Metro line. The company said it built five new plants and expanded two others in the third quarter and has three plants and two expansions under construction, according to a statement to the Dubai bourse today.

Tabreed announces 50% Jordan stake sale

Tabreed, the Middle East's largest district cooling firm, on Sunday said it sold its 50 percent stake in its Jordanian subsidiary without disclosing the deal's financial terms. The company provides centralised cooling for projects such as the Dubai Metro and Abu Dhabi's Yas Island.