Tabreed, the Middle East’s award-winning district cooling pioneer, has joined hands with Saudi Arabia’s A Abunayyan Group subsidiary Aqwa Power, and Rasd International Bank to launch Saudi Tabreed a new district cooling company specialising in the kingdom’s requirements.

“The Saudi market is of great importance to us because it is by far the biggest construction market in the whole region with investment from both the public and private sectors,” said Dany Safi, CEO, Tabreed.
“Office complexes, hotel developments, shopping centres, educational campuses and new hospitals are all coming off drawing boards with intense regularity – making this a construction market, which analysts confirm to be currently worth some $35 billion. Tabreed is a world leader in district cooling and its entry into the kingdom will further consolidate this position.
“The launch of Saudi Tabreed now sees our company represented in almost every state within the GCC. W are truly a regional company and one with great ambitions within the Middle East and beyond,” he said.
A private joint stock company, Saudi Tabreed will be headquartered in Al Khobar – the industrial city, which serves the greater Dammam metropolitan district.
“The new entity will specialise in delivering district cooling systems by providing chilled water for air-conditioning use to real estate projects, commercial malls, office and industrial complexes as well as education and medical campuses,” Safi said.
Saudi Tabreed’s credentials have already been established with the registration of the company as a member of the International District Energy Association, which works to advance global environmental quality through efficient district energy services, he concluded.