{"id":632113,"date":"2018-02-04T04:15:10","date_gmt":"2018-02-04T04:15:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/"},"modified":"2018-02-04T04:15:10","modified_gmt":"2018-02-04T04:15:10","slug":"tabreed-considers-egypt-expansion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/","title":{"rendered":"Tabreed considers Egypt expansion"},"content":{"rendered":"

Abu Dhabi\u2019s National Central Cooling Co. (Tabreed) plans to acquire assets in markets like Saudi Arabia and Egypt starting this year,<\/strong> CEO Jasim Husain Thabet told Bloomberg TV<\/a>. Tabreed would seek to use project financing to fund the acquisitions while contributing about 20-25% of the transaction value from its own cash, Thabet says. Bloomberg estimates that Tabreed could be targeting assets valued at around USD 1 bn as Thabet says the company has about USD 299 mn in cash.<\/p>\n","protected":false},"excerpt":{"rendered":"

Abu Dhabi\u2019s National Central Cooling Co. (Tabreed) plans to acquire assets in markets like Saudi Arabia and Egypt starting this year, CEO Jasim Husain Thabet told Bloomberg TV. Tabreed would seek to use project financing to fund the acquisitions while contributing about 20-25% of the transaction value from its own cash, Thabet says. Bloomberg estimates […]<\/p>\n","protected":false},"author":1,"featured_media":632114,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b76ff21f-6afc-475b-b19c-2c0106e902b1","order":"0","is_powered_by":true,"section_story_id":"2cf9d141-4d61-4c3d-a3ea-ce6602966874","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/2\/790.png","photo_position":"above","related_issue":[632103],"teaser":"","voice_url":""},"yoast_head":"\nTabreed considers Egypt expansion - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tabreed considers Egypt expansion\" \/>\n<meta property=\"og:description\" content=\"Abu Dhabi\u2019s National Central Cooling Co. (Tabreed) plans to acquire assets in markets like Saudi Arabia and Egypt starting this year, CEO Jasim Husain Thabet told Bloomberg TV. Tabreed would seek to use project financing to fund the acquisitions while contributing about 20-25% of the transaction value from its own cash, Thabet says. Bloomberg estimates […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-04T04:15:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/790.png?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Tabreed considers Egypt expansion\",\"datePublished\":\"2018-02-04T04:15:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/790.png?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/tabreed-considers-egypt-expansion\/\",\"name\":\"Tabreed considers Egypt expansion - 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Engie will pay USD 762 mn for the stake in the UAE-based cooling and building infrastructure company. \u201cTabreed will become one of Engie's\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":613340,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/14\/tabreed-terminates-capitalmed-contract-over-fx-concerns\/","url_meta":{"origin":632113,"position":1},"title":"Tabreed terminates CapitalMed contract over FX concerns","author":"enterpriseam admin","date":"14 January 2024","format":false,"excerpt":"The company says it remains committed to investing in the country","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/781.JPG?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549400,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/uaes-tabreed-makes-inroads-locally-with-egp-1-6-bn-capitalmed-contract\/","url_meta":{"origin":632113,"position":2},"title":"UAE\u2019s Tabreed makes inroads locally with EGP 1.6 bn CapitalMed contract","author":"enterpriseam admin","date":"15 September 2022","format":false,"excerpt":"The UAE\u2019s Tabreed lands EGP 1.6 bn CapitalMed contract: Dubai-listed district cooling firm Tabreed will design, build and operate a heating and cooling plant at the Badr city medical complex as part of an AED 306.4 mn (EGP 1.6 bn) contract signed with project developer Egyptians for Healthcare Services (EHCS),\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594944,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/uaes-tabreed-looking-to-enter-egyptian-market\/","url_meta":{"origin":632113,"position":3},"title":"UAE\u2019s Tabreed looking to enter Egyptian market","author":"enterpriseam admin","date":"11 September 2019","format":false,"excerpt":"The UAE\u2019s National Central Cooling Company (Tabreed) is looking to enter the Egyptian market, CEO Bader Al Lamki said yesterday without providing further details, according to Mubasher. Speaking on the sidelines of the World Energy Congress in Abu Dhabi, Al Lamki said the company \u2014 which currently operates 75 stations\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558973,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/04\/cooling-company-hot-for-egypt\/","url_meta":{"origin":632113,"position":4},"title":"Cooling company hot for Egypt?","author":"enterpriseam admin","date":"4 January 2021","format":false,"excerpt":"Egypt is a \u201ctop priority\u201d market for the UAE\u2019s National Central Cooling Company\u2019s (Tabreed) expansion plans, CEO Bader Al Lamki told Al Arabiya. Tabreed has been expanding into densely populated countries, recently setting foot in India, but is now eyeing the Arab world, including Egypt and Saudi Arabia, for its\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":552580,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/14\/this-evening-expedition-gets-most-of-the-domty-shares-it-wanted-tabreed-is-investing-egp-1-6-bn-in-egypt-were-getting-egp-2-coins\/","url_meta":{"origin":632113,"position":5},"title":"THIS EVENING: Expedition gets most of the Domty shares it wanted + Tabreed is investing EGP 1.6 bn in Egypt + We\u2019re getting EGP 2 coins","author":"enterpriseam admin","date":"14 September 2022","format":false,"excerpt":"Good afternoon, friends. It\u2019s a busy Wednesday afternoon here in Omm El Donia, with a little bit of everything coming out of the news cycle.THE BIG STORIES TODAY #1- Expedition Investments gets almost all of its targeted shares in Domty: Shareholders in EGX-listed Domty have agreed to sell 93.2 mn\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=632113"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/632113\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/632103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/632114"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=632113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=632113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=632113"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=632113"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=632113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}