About Tabreed
Tabreed was incorporated in 1998 and is headquartered in Abu Dhabi, the United Arab Emirates. The company is the world's largest district cooling company. Tabreed supplies chilled water in the United Arab Emirates, Saudi Arabia, Egypt, Oman, Bahrain, India, and internationally.
The company operates in two segments, Chilled Water and Value Chain Business. It constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems; and distributes and sells chilled water for use in district cooling technologies. As of 2025, total connected capacity was 1.57 million Refrigeration Tons.
In 2025, Tabreed reported revenues of AED 2.46 billion and net profit of AED 465 million, with total connected capacity increasing 19% year-on-year. The company has an estimated 1,000-2,000 employees. Tabreed has a diverse portfolio of subsidiaries, including Saadiyat District Cooling LLC, Tabreed Oman Company, Tabreed Parks Investment LLC, Masdar City Cooling Company Limited.
Recent Leadership and Strategic Moves
In 2024-2025, Tabreed appointed Jasim Thabet as Chief Executive Officer, the first Emirati CEO of the company. Steve Ridlington was appointed Chief Financial Officer effective February 22, 2025. Recent acquisitions including PAL Cooling and the Palm Jebel Ali concession increased connected capacity 19% year-over-year to 1.57 million Refrigeration Tons in 2025.
Facts compiled by Executive Moves from publicly available news and press releases on 6 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
To upgrade to a Premium Profile reach out to us at info@executive-moves.com.
Are you on the Tabreed (National Central Cooling Company PJSC) team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →
