Tabreed, one of the top district cooling firms, has contracted Arqaam Securities, a prominent regional financial institution, to be its liquidity provider for the shares it traded on the Dubai Financial Market (DFM).
This program is an extension of the process by which Tabreed has sought to reinforce the trading dynamics of the company shares by enhancing liquidity and providing the market with easy access to the shares for investors.
According to the agreement, the agreement would last for 12 months. Arqaam Securities will initiate the process of providing liquidity to Tabreed shares by placing two-way quotes in the market trading system, all within established parameters and in full adherence to regulations and controls stipulated by DFM and the UAE Securities and Commodities Authority (SCA).
Such a mechanism contributes to the narrowing of the bid-ask spread, decreasing volatility, and increasing investor confidence. All the approvals are provided, and the service will start on October 22, 2025.
At any point in the mandate, the total outstanding shares of Tabreed registered under the ownership of Arqaam Securities will not be more than 5 percent of the total shares.
The company has 18.1 percent free float shares as well as 100 percent open to foreign investment, and two of its strategic shareholders are Mubadala and ENGIE.
The fact that Tabreed has appointed such a licensed liquidity provider is an obvious indication that Tabreed is interested in making the trading experiences of investors smoother and helping to maintain a more stable and liquid market environment.
On this ongoing decision, the CEO of Tabreed, Khalid Al Marzooqi, stated that “This appointment is first and foremost about our shareholders. With Arqaam as our Liquidity Provider on DFM, we aim to enhance access to Tabreed’s shares, giving investors greater flexibility in dynamic markets and reinforcing our focus on sustainable, long-term value creation.”
Head of Market Making of Arqaam, Veselin Tilev, said, “We are delighted to offer our Liquidity Provision services on the Dubai Financial Market to Tabreed, reinforcing our commitment to enhancing market depth and trading efficiency in the UAE.”
He further reported, “With our proven track record and deep understanding of local market dynamics, we are confident that Arqaam will contribute meaningfully to improving liquidity and facilitating active, orderly trading in Tabreed’s shares on the DFM.”
