# Tabreed plans to expand international operations to 50% of business within 10 years

Tabreed, an Emirati district cooling company, aims to expand its international operations from 15% to 50% of total business within 10 years, focusing on Saudi Arabia, Egypt, and Oman. It also partnered with IFC to invest $400 million over 5 years in India and surrounding countries.

- Type: Investment
- Announced: 2022-05-12
- Where: United Arab Emirates
- Value: $400.0M
- Status: announced
- Products: district cooling services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Tabreed](https://endata.com/companies/30728.md)
- [International Finance Corporation](https://endata.com/companies/12849.md) (partner)

## Sources

- [asharqbusiness.com](https://asharqbusiness.com/companies/20672/50-%D9%85%D9%86-%D9%85%D8%B4%D8%A7%D8%B1%D9%8A%D8%B9-%D8%AA%D8%A8%D8%B1%D9%8A%D8%AF-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-10-%D8%B3%D9%86%D9%88%D8%A7%D8%AA/), 2022-05-12: "نطمح معاً لاستثمار 400 مليون دولار على مدى 5 سنوات في السوق الهندية والبلدان المحيطة"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.