“We have a couple of projects in the pipeline ... in evaluation stage right now,” Mr Al Marzooqi said, without disclosing further details. District cooling firms deliver chilled water through insulated pipes to cool offices as well as industrial and residential buildings. In 2020, Tabreed bought a majority stake in Emaar Properties' Downtown Dubai district cooling business for Dh2.48 billion ($675m). We are in the construction phase of one of the district cooling for the mall in district five in Egypt. Tabreed also plans to enter new markets in North Africa and Kuwait, Mr Al Marzooqi said.

Source: The North Africa Journal June 20, 2022 04:18 UTC