Tabreed Bahrain has appointed Arabian International Contracting Company WLL to expand its chilled water network in the northern seafront area of Manama. AIC willTabreed Bahrain has appointed Arabian International Contracting Company WLL to expand its chilled water network in the northern seafront area of Manama. AIC will

Tabreed appoints contractor to expand district cooling in Manama

2026/04/26 19:56
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Tabreed Bahrain has appointed Arabian International Contracting Company WLL to expand its chilled water network in the northern seafront area of Manama.

AIC will lead the engineering, procurement and construction side of the project, Tabreed said in a statement.

The expansion is part of Tabreed Bahrain’s medium-term cooling strategy to support growing demand across upcoming urban developments in the Gulf state. 

The development will increase its connected cooling capacity by 12,000 refrigeration tonnes (RT). Operations are scheduled to begin in the summer of 2027.

No financial details were given.

The company, which is majority-owned by Dubai-listed Tabreed, said the network expansion will reduce pressure on Bahrain’s electricity transmission and distribution infrastructure, lowering carbon emissions.

Bahrain has set a net-zero emissions target by 2060.

“District cooling plays a critical role in reducing electricity consumption and improving overall system efficiency,” said Ali AlRumaihi, country manager, Tabreed Bahrain.

Further reading:

  • Bahrain juggles data centre and green energy demands
  • Iran conflict to cause GCC data centre slowdown
  • Tabreed explores buying Multiply’s cooling business

Tabreed Bahrain operates a 22,800 RT plant using seawater and runs a chilled water distribution network spanning 14km. 

Its clients include Bahrain Financial Harbour, Bahrain World Trade Center, the Reef Island and Avenues Mall, according to its website.

Shares of Tabreed, the parent company which trades on the Dubai Financial Market, closed 0.7 percent lower at AED2.78 on Friday, up 13 percent so far this year.

Market Opportunity
Areon Network Logo
Areon Network Price(AREA)
$0,00995
$0,00995$0,00995
+4,29%
USD
Areon Network (AREA) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Pacquiao insists Mayweather fight for real, shuns exhibition insinuation

Pacquiao insists Mayweather fight for real, shuns exhibition insinuation

Manny Pacquiao debunks Floyd Mayweather's assertion that their upcoming rematch is an exhibition, and, therefore, the American's 50-0 record wouldn't be at stake
Share
Rappler2026/04/02 17:55
Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55