{"id":10239,"date":"2022-12-21T13:20:00","date_gmt":"2022-12-21T13:20:00","guid":{"rendered":"https:\/\/gulftimes.ae\/public-investment-fund-takes-30-stake-in-district-cooling-provider-saudi-tabreed\/"},"modified":"2022-12-21T13:20:00","modified_gmt":"2022-12-21T13:20:00","slug":"public-investment-fund-takes-30-stake-in-district-cooling-provider-saudi-tabreed","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=10239","title":{"rendered":"Public Investment Fund\u00a0takes\u00a030% stake in district cooling provider Saudi\u00a0Tabreed\u00a0\u00a0  \u00a0\u00a0"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div class=\"field field-name-field-publication-date field-type-datestamp field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">Wed, 2022-12-21 16:08<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>\n\tRIYADH:\u00a0Saudi Arabia&#8217;s Public Investment Fund has\u00a0taken\u00a0a 30\u00a0percent\u00a0stake in\u00a0the\u00a0Saudi\u00a0Tabreed, a subsidiary\u00a0of\u00a0the UAE-listed National Central Cooling Co., known as\u00a0Tabreed, through a private placement of shares, according to a bourse filing\u00a0in Dubai.\u00a0\u00a0<\/p>\n<p>\n\tIn a separate regulatory filing to the Dubai Financial Market, where\u00a0Tabreed\u00a0shares\u00a0are traded, the district cooling provider\u00a0said it has also\u00a0entered into an acquisition deal of additional shares in Saudi\u00a0Tabreed\u00a0from Al Mutlaq Group for Industrial Investments for the value of SR55\u00a0million\u00a0($14.62\u00a0million).\u00a0\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-field-binary field-type-image field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><\/div>\n<\/div>\n<\/div>\n<div class=\"field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above\">\n<div class=\"field-label\">Main category:&nbsp;<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">Business &amp; Economy<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.arabnews.com\/node\/2219721\/business-economy\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wed, 2022-12-21 16:08 RIYADH:\u00a0Saudi Arabia&#8217;s Public Investment Fund has\u00a0taken\u00a0a 30\u00a0percent\u00a0stake in\u00a0the\u00a0Saudi\u00a0Tabreed, a subsidiary\u00a0of\u00a0the UAE-listed National Central&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-10239","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.0 (Yoast SEO v27.4) - 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