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Qatar Cool services in big demandQatar District Cooling Company (Qatar Cool) is witnessing a tremendous demand for its district cooling service at two of country's mammoth projects - The Pearl-Qatar, an artificial island spanning nearly 4 million sq m and West Bay, a newly More… |
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Empower profits surge 17pcEmpower, a leading district cooling services provider in the region, recorded a net profit of Dh190 million for fiscal year ended December 2012, representing a 17 per cent increase over 2011. Th More… |
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Tabreed shares slide after bonds moveDistrict cooling firm Tabreed's shares plunged on Monday after the company announced plans to issue more convertible bonds to its key shareholder Mubadala as part of its first dividend payout since 2007. More… |
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Empower awards new cooling plant contractEmpower, one of the largest district cooling companies in the Middle East, has awarded Al Habtoor STFA Soil Group (HSSG) the contract for carrying out shoring and enabling works in its new district cooling plant at Business Bay in Dubai. More… |
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Tabreed to develop $149m Saudi projectDistrict cooling firm Tabreed, which is partly owned by Abu Dhabi state fund Mubadala, has announced an additional investment into its Saudi unit, Saudi Tabreed, to develop a Dh549 million ($149.4 million) district cooling project that will serv More… |
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Marafeq studies Empower cooling systemA delegation from Marafeq Qatar, a leading utility services company, recently visited Emirates Cooling (Empower) in Dubai to study use of treated water in district cooling production. Both Marafeq and Empower that with the huge co More… |
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Tabreed to issue bonds to MubadalaDistrict cooling firm Tabreed has agreed to issue 1.13 billion dirhams ($308 million) in convertible bonds to Abu Dhabi fund Mubadala on December 31, the firm said on Sunday, as part of a recapitalisation plan agreed last year. More… |
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Empower lauds UAE mega project launchEmirates Central Cooling Systems Corporation (Empower), a leading district cooling provider in the Middle East, has lauded the UAE’s milestone achievements in the fourth quarter exemplified by investments in major projects, including the K More… |
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Empower staff numbers up 17pcUAE-based Empower, a leading district cooling service provider in the region, has announced that its employee numbers rose by 17 per cent in 2012, compared to the year 2010. Ahmed Bin Shafar, CEO of Empower, said that the increase More… |
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Tabreed year-to-date profit up 29pcAbu Dhabi-based National Central Cooling Company (Tabreed) has posted a year-to-date net profit of Dh167.6 million ($45.6 million) as against Dh129.8 million for the same period last year, marking a rise of 29 per cent. Chilled wa More… |
