12/09/2025 03:12 AST

Tabreed, the world's leading district cooling company, has made a significant new connection to one of its networks in Dubai: The 93-storey City Tower 1, a development by H&H.

The project is now being supplied with 5,300 Refrigeration Tons (RT) of sustainable cooling from Tabreed's existing DC plant in the Al Satwa district, the company said.

Standing at 362.8 m, opposite the iconic Emirates Towers and the Museum of the Future on Sheikh Zayed Road, City Tower 1 features 695 residences ranging from studio to 4-bedroom apartments, four floors of office space, two retail spaces, a gym, an indoor play area for children, an outdoor playground, pools for adults and children, a mini soccer field and two padel courts.

Khalid Al Marzooqi, Chief Executive Officer of Tabreed, said: "Tabreed is proud to contribute to the development of the UAE's most iconic real estate projects by delivering sustainable, reliable solutions that support national growth and energy efficiency objectives. Connecting City Tower 1 to one of our pre-existing networks clearly demonstrates our commitment to Dubai's continued progress.

"Our presence in the city is unmistakable, with Tabreed's Downtown Dubai network supplying Burj Khalifa, Dubai Mall, Dubai Opera and many other landmark developments with sustainable cooling. Tabreed is a force for good in the UAE and continues to play an essential role in enabling the region's urban transformation while creating lasting value for developers, investors and communities alike."

Miltos Bosinis, Chief Executive Officer, H&H, added: "City Tower 1 is a landmark addition to the Sheikh Zayed Road skyline and a reflection of H&H's ambition to redefine Dubai's urban landscape. With this development, we are introducing a new standard of living that combines our signature quality with a level of service designed for today's discerning tenants. City Tower 1 speaks directly to the future of the city; innovative, connected and uncompromising in excellence.

"To ensure comfort and efficiency, H&H partnered with Tabreed, the UAE's leading district cooling provider, to install a state-of-the-art cooling system. This collaboration highlights H&H's commitment to building elite destinations supported by innovative infrastructure solutions."

This latest milestone follows a period of record growth for Tabreed, with 2025 seeing two of the biggest deals in its 27-year history. In June, Tabreed announced the acquisition of PAL Cooling Holding in partnership with CVC DIF, adding more than 182,000 Refrigeration Tons (RT) of connected capacity across Abu Dhabi and securing a long-term growth pipeline of up to 600,000 RT. In May 2025, Tabreed also secured an exclusive 250,000 RT concession at Palm Jebel Ali, in partnership with Dubai Holding Investments, further cementing its position as a critical infrastructure partner for the region's most ambitious developments, the company added.


Trade Arabia

Tabreed posts $670m revenue as capacity expands

13/02/2026

National Central Cooling Company, the world's leading and most diversified district cooling company, today announced its results for the period ending 31 December 2025, reporting revenues of AED2.46

Trade Arabia

Tabreed signs up for Sustainability Forum Middle East 2026

26/01/2026

Sustainability Forum Middle East (SFME) has announced Tabreed, a global leader in energy-efficient district cooling andsustainable cooling infrastructure, as lead partner for its fourth edition, whic

Trade Arabia

Tabreed, Sparklo join forces to boost UAE's recycling infrastructure

18/12/2025

Tabreed, the world's leading district cooling company, has announced a new sustainability partnership with Sparklo, a UAE-based cleantech company building smart recycling infrastructure.

Th

Trade Arabia

Ticker Price Volume
TABREED Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
TAQA 2.30 -0.06 (-2.55%)
DEWA 2.76 -0.05 (-1.78%)
ACWAPOWER 166.50 -3.30 (-1.95%)
SAUDIENERGY 17.05 -0.08 (-0.47%)
EMPOWER 1.58 0.01 (0.63%)
Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia