#District Cooling

Empower’s annual revenue up 8.7% in 2023

UAE’s Empower posts Dhs3bn in full-year revenue

The Dubai-listed firm proposed a final dividend of Dhs425m for 2023, which will be paid by April 2024

Air conditioning condensers on the roof of a large building. (cooling)

Near zero emission cooling possible by 2050: Report

Led by the COP28 UAE Presidency, the Global Cooling Pledge, sets out a series of commitments by governments that will accelerate emission reductions from energy use and refrigerants

Empower posts Dhs2.27bn in nine-month revenue

UAE’s Empower posts Dhs2.27bn in nine-month revenue

The cooling firm reported a net profit of Dhs685m during the period under review and paid a cash dividend of Dhs425m for the first half of 2023

Tabreed forays into India

UAE’s Tabreed invests Dhs44m in TATA Realty’s Intellion Park

The Dubai-listed firm will acquire the existing cooling infrastructure at the Intellion Park development, which covers a total area of 3.5 million square feet

Empower plant Image WAM-e1684523583814

Empower launches new plans, policies to drive sustainable operations

Empower has saved 412 million imperial gallons of fresh water in 2022 by using recycled water in its operations

Empower adds DXB to its portfolio

Empower adds Dubai International Airport to its district cooling portfolio

The total capacity of the plants is equivalent to 11 times the consumption of the world’s tallest tower, the Burj Khalifa


UAE’s Tabreed reports Dhs236.4m in net profit during Q1 2023

The company’s revenue increased by 10 per cent year-on-year to Dhs464m

Empower modernise JBR plant

Empower to invest $27.8m to upgrade JBR cooling plant

The upgrade will contribute to achieving savings in energy, increasing efficiency and significantly reducing carbon emissions


Empower to invest Dhs450m to serve over 43 buildings in DMC

The company will provide its services with a cooling capacity of 63,000 refrigeration tonnes

Empower reports robust growth of 41.3%

Empower reports 41.3% rise in buildings using district cooling over last five years

Among the buildings that are serviced within Empower’s portfolio, the residential sector tops the list of the company’s clients with 64 per cent

Dubai Investments divests 50% stake in Emicool, forms JV with Actis

The joint venture between Dubai Investments and Actis is aimed at supporting Emicool’s operations in the wider MENA region