Economy Local 2025-10-29T22:07:00+00:00

Tabreed Secures AED 1.8 Billion Financing for Growth

Tabreed, a leading district cooling provider, has announced securing new financing of AED 1.8 billion over a 6-year period. The funds are aimed at supporting strategic growth initiatives and enhancing the company's capital structure. The facility, provided by Emirates NBD and Mashreq banks, is fully Sharia-compliant and consists of dirham and dollar tranches.


Tabreed Secures AED 1.8 Billion Financing for Growth

This step is part of "Tabreed's" plans to finance its capital needs and diversify its funding sources, including investment and future expansion requirements. The financing is fully compliant with Islamic Sharia principles and consists of two tranches in dirhams and dollars, reflecting "Tabreed's" commitment to providing comprehensive financing solutions that align with regional investor preferences. "Tabreed" has secured new financing facilities totaling AED 1.8 billion to support its strategic growth initiatives and enhance its capital structure. The new facilities have a tenor of 6 years and were arranged in partnership with Emirates NBD Bank and Mashreq Bank. Affirming its strong commitment to sustainability and preservation...