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Tabreed announces Al Marzouqi as its new CEO

The National Central Cooling Company PJSC (Tabreed), the leading international district cooling developer headquartered in the UAE, has announced that its Board of Directors has appointed Khalid Al Marzouqi as the company’s new Chief Executive Officer.
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Tabreed names Al Marzouqi as its new CEO

Tabreed names Al Marzouqi as its new CEO
ABU DHABI, 5 hours, 15 minutes
ago
The National Central Cooling Company (Tabreed), a leading district cooling developer headquartered in the UAE, has announced that its board of directors has appointed Khalid Al Marzouqi as its new Chief Executive Officer.

Al Marzouqi joins Tabreed from Dolphin Energy, where he was Chief Operating Officer – Downstream, responsible for overseeing the entire Operations Downstream Division in the UAE. Prior to this he was Senior VP at Dolphin’s Technical Services Division. He also handled senior roles at the Abu Dhabi Department of Transport, Abu Dhabi Water and Electricity Authority (Adwea) and Adco. ....

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Tabreed announces Khalid Al Marzouqi as its New CEO

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Abu Dhabi district cooling giant Tabreed's new CEO is Khalid Al Marzouqi

Dubai: One of the region’s biggest district cooling companies, Abu Dhabi based Tabreed has taken on a new CEO - Khalid Al Marzouqi. A veteran in the energy sector, he joins Tabreed from Dolphin Energy Ltd., where he was chief operating officer – downstream.
He had also held senior roles at Abu Dhabi Department of Transport, Abu Dhabi Water and Electricity Authority (ADWEA) and ADCO. “With the recent launch of Tabreed’s all-new corporate identity still fresh in our minds, the scene is set for this remarkable and progressive business to deliver on its ambitious plans,” said Khaled Al Qubaisi, Chairman of Tabreed. “I know Khalid’s considerable expertise will help drive us towards achieving ever more impressive results.” ....

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Tabreed's full-year net profit climbs 16.5%

Our financial and operational achievements this past year allowed us to achieve impressive results despite a challenging operating environment, solidifying Tabreed’s growth story and its reputation for leading edge innovation within the district cooling sector, Tabreed chairman Khaled Al Qubaisi said.
Tabreed s board recommended a 10 per cent increase in dividend, compared with the previous year, following growth in revenue and profit.
The company s shareholders will receive a cash dividend of 5.75 fils per share in addition to a bonus issuance of 1 share for every 45 shares held. The overall dividend payout is equivalent to 11.5 fils per share.
The cash plus equity dividend for 2020 reflected the board s intention to prioritise returning value to shareholders and to secure further growth opportunities , the company said. ....

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