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Tabreed reported a revenue of AED 1.87 billion for the first nine months of 2025, with a 4.5% increase in total connected capacity year-on-year. The company achieved a record organic capacity addition of 52.9k Refrigeration Tons (RT), more than double the total in 2024, driven by new connections in the UAE and other markets. Revenue rose by 1% year-on-year, supported by fixed capacity revenue and long-term agreements, despite milder weather. EBITDA increased by 5% to AED 975 million, with a margin of 52.2%, due to cost discipline and efficiency improvements. The company finalized the acquisition of PAL Cooling and the Palm Jebel Ali concession, securing portfolio growth. Tabreed was included in the Emerging Markets Small Cap Index, reflecting its growing visibility among global investors. An interim dividend of 6.5 fils per share, totaling AED 184.9 million, was approved for the first half of 2025. Net profit was AED 420 million, slightly down from AED 425 million the previous year, mainly due to higher finance costs from a recent Green Sukuk issuance. Excluding these costs, the adjusted net profit would have increased by approximately 5% year-on-year.
On November 13, 2025, the Board of Directors of the National Central Cooling Company PJSC, also known as Tabreed, held a meeting. During this meeting, the board approved the company's unaudited interim financial statements for the period ending September 30, 2025. They also agreed to release these financial statements and a press release to the Securities and Commodities Authority and the Dubai Financial Market. Additionally, the board accepted the resignation of Tabreed's CEO, Khalid Al Marzooqi, who will retire effective January 2, 2026. A successor will be announced at a later date.
Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the nine-month period ending on September 30, 2025.
Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the nine-month period ending on September 30, 2025, covering the third quarter of the year.
The Board of Directors meeting for Takaful Emarat Insurance PSC took place on Thursday, 13 November 2025, starting at 3:00 PM by circulation. Five board members were present, achieving a quorum of 71%. During the meeting, the board approved the company's unaudited interim condensed consolidated financial statements for the third quarter ending on 30 September 2025. The meeting's decisions were authorized by Adnan Sabaalaish, the Chief Executive Officer, and documented with the company’s seal and signature on the same date.