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Monday, November 23 - 2009

Tabreed Bahrain leads in IDEA and BIPEX 2008

Tabreed Bahrain, the world leader in district cooling, is a leading participant in two of the foremost property and cooling conferences in the region, the IDEA International District Cooling Conference (IDEA) and the Bahrain International Property Exhibition (BIPEX) 2008.

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Tabreed is also a sponsor of both events.

As part of its ongoing growth strategy, Tabreed is planning to increase its capital to finance its rapid expansion in the Kingdom of Bahrain.

The IDEA event is the region's leading district cooling conference.

The association behind the conference is 100 years old and has long been a proponent of cooling technology throughout the world.

This is the third time the conference has been held in the Gulf.

"Our recent participation in IDEA is part of our effort to maintain our regional and global leadership in cooling technology."
said Bernt Andersson, Chief Executive Officer, Tabreed Bahrain.

"The IDEA conference is perhaps the most significant event in the region in regards to district cooling, and as the Gulf's chief district cooling provider we saw a unique opportunity to showcase both our latest projects and our future plans. As the Gulf continues to develop into one of the world's leading centres of business, tourism and real estate, the demand for state-of-the-art cooling systems will grow tremendously. An event likes this is important for the benefit of the district cooling industry as a whole, and for the advancement of the underlying technology behind district cooling."


BIPEX 2008 is one of Bahrain's largest property shows, and an important exhibition of many of Bahrain's largest and newest construction projects.

Examples of large projects that will be on display include Riffa Views, Marina West, and other developments on the North Shore of Bahrain.

These projects are widely seen as the beginning of a new chapter in Bahrain's progress towards being both a leader in business, tourism and real estate construction.

"To be a part of BIPEX is a significant honour," adds Bernt Andersson.

"Bahrain is seen by many as having one of the most dynamic and vibrant property markets in the region. Despite global economic turmoil, Bahrain remains a part of the world that is welcoming investment with open arms, and this event demonstrates that. We are proud to play a part in it."

IDEA was held at the Intercontinental Hotel in Dubai on October 19-21.

BIPEX 2008 will take place at the Bahrain International Exhibition Centre on October 23-25.
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Notes and media contacts

About Tabreed Bahrain:
Tabreed Bahrain - Bahrain District Cooling Company B.S.C. (Closed) - is a private sector joint venture company owned by Tabreed, Esterad established in 1998 and A.A. Bin Hindi. Tabreed provides district cooling services throughout the GCC countries with offices in Dubai, Abu Dhabi, Ras Al Khaimah, Doha, Masqat, Manama, Amman, Kuwait and Al Khobar.

Tabreed is committed to providing environment-compliant district cooling solutions and offering its customers high-quality services through integrated power-efficient systems at reasonable costs.

Tabreed pioneers energy efficient gas-fired and electric-powered district cooling solutions in the UAE and across the region. The company offers customers the highest quality service through an integrated energy system devised to help them optimize their energy usage and reduce power and maintenance costs.

Since its establishment in October 2004, Tabreed Bahrain contributed more than 150 million Bahraini dinars to the Kingdom's economy. The figure is expected to rise to more than 250 millions in the next few years. Contracts have been signed with the biggest commercial projects in Bahrain.

The company recently won a BBB stable long term local and foreign currency rating and positive projections from Standard and Poor's, the world's most prominent independent agency for credit ratings, financial and credit expectations, risk assessment, and investment data and research.

For more information please contact:
Wassim A. Farrage
Tabreed Bahrain
Sales & Marketing Manager
Tel: +973 17 516 666
Fax: +973 17 516 667
Mob: +973 36 077 666

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