The National Central Cooling Company, or Tabreed, said yesterday that its first-quarter net profit advanced 19 per cent on the back of an expansion of its cooling services across the region.
The company, in which Abu Dhabi-owned Mubadala Investment Company has a stake, also said that it appointed Khaled Abdulla Al Qubaisi as chairman to replace Waleed Al Mokarrab Al Muhairi.
Net profit attributable to the parent rose to Dh75.4 million from Dh63.4m, the company said. Core chilled water revenue increased by 15 per cent to Dh255.2m compared with Dh222.3m in the same period last year.
The company said that in the first quarter it added more than 20,000 refrigerated tonnes out of which 16,227 refrigerated tonnes were in the United Arab Emirates and 3,800 refrigerated tonnes in Qatar.
“The 19 per cent increase in our net profit for Q1 2017 highlights the strengths of our core chilled water business, which continues to grow as a result of the new projects coming on line to supplement our strong existing operations across the GCC,” Mr Al Qubaisi said.
“Tabreed’s priority going forward continues to be delivering stable returns to shareholders, while expanding our operations throughout the GCC to boost the company’s long-term growth and success.”
Tabreed’s services cool Abu Dhabi’s Al Maryah Island, where Cleveland Clinic Abu Dhabi and Abu Dhabi Global Market are located.
It also chills developments on Yas Island such as Ferrari World, Yas Marina Circuit, Yas Mall as well as other national and regional landmarks including Sheikh Zayed Grand Mosque, Dubai Metro and Dubai Parks & Resorts.
mkassem@thenational.ae
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Killing of Qassem Suleimani
Killing of Qassem Suleimani
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
No more lice
Defining head lice
Pediculus humanus capitis are tiny wingless insects that feed on blood from the human scalp. The adult head louse is up to 3mm long, has six legs, and is tan to greyish-white in colour. The female lives up to four weeks and, once mature, can lay up to 10 eggs per day. These tiny nits firmly attach to the base of the hair shaft, get incubated by body heat and hatch in eight days or so.
Identifying lice
Lice can be identified by itching or a tickling sensation of something moving within the hair. One can confirm that a person has lice by looking closely through the hair and scalp for nits, nymphs or lice. Head lice are most frequently located behind the ears and near the neckline.
Treating lice at home
Head lice must be treated as soon as they are spotted. Start by checking everyone in the family for them, then follow these steps. Remove and wash all clothing and bedding with hot water. Apply medicine according to the label instructions. If some live lice are still found eight to 12 hours after treatment, but are moving more slowly than before, do not re-treat. Comb dead and remaining live lice out of the hair using a fine-toothed comb.
After the initial treatment, check for, comb and remove nits and lice from hair every two to three days. Soak combs and brushes in hot water for 10 minutes.Vacuum the floor and furniture, particularly where the infested person sat or lay.
Courtesy Dr Vishal Rajmal Mehta, specialist paediatrics, RAK Hospital
Company%20Profile
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About Okadoc
Date started: Okadoc, 2018
Founder/CEO: Fodhil Benturquia
Based: Dubai, UAE
Sector: Healthcare
Size: (employees/revenue) 40 staff; undisclosed revenues recording “double-digit” monthly growth
Funding stage: Series B fundraising round to conclude in February
Investors: Undisclosed
UAE currency: the story behind the money in your pockets
Quarter-finals
Saturday (all times UAE)
England v Australia, 11.15am
New Zealand v Ireland, 2.15pm
Sunday
Wales v France, 11.15am
Japan v South Africa, 2.15pm
The specs
Engine: 5.0-litre V8
Power: 480hp at 7,250rpm
Torque: 566Nm at 4,600rpm
Transmission: 10-speed auto
Fuel consumption: L/100km
Price: Dh306,495
On sale: now
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now