01-07-2025
Abu Dhabi Utility Tabreed Considers More Deals After Buying PAL
Abu Dhabi-based utility National Central Cooling Co. sees scope for further acquisitions after announcing a $1 billion deal to buy another air-conditioning provider in the United Arab Emirates capital.
'We're deep pocketed and if the opportunity arises, for sure we're going to pursue it,' Khalid Al Marzooqi, chief executive officer of the company known as Tabreed, said in a Bloomberg Television interview.
