VOL. XLVI

No 17

28-April-2003

UAE/QATAR

Tabreed/UDC In Qatar District Cooling Venture

Dubai-based National Central Cooling Company (Tabreed) and Doha-based United Development Company (UDC) on 23 April signed an agreement to set up a joint venture district cooling company the first service provider of its kind in Qatar. The new venture will be registered as Qatar Central Cooling Company (Tabreed) and will be generally known as Qatar Cool. It will be owned 50.5% by UDC, 44.5% by Tabreed, and 5% by...