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International Holding Company PJSC (IHC) has issued a disclaimer to alert the public about scams using the company's name, employee names, and logo to promote fraudulent investment opportunities and tenders. These scams request personal, business, and financial information, including credit card and bank details, for payments or investments. IHC emphasizes that it never sends such requests through email, mail, or any other means. The company advises caution and urges individuals not to provide sensitive information if they receive such requests. To verify legitimacy, emails should originate from the "@ihcuae.com" domain. IHC advises staying informed through their official website or the ADX platform to avoid scams.
The text is a formal notification regarding an upcoming board meeting for the National Central Cooling Company (PJSC). The meeting is scheduled for 6:00 PM on December 5, 2024, and will focus on discussing the company's business and operations. This notification is in accordance with Article 36/11 of the Disclosure and Transparency Regulations from the year 2000, as amended. The letter is addressed to Dr. Maryam Butti Al Suwaidi, CEO of the Securities & Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. It is signed by Sean Magee, the Company Secretary.
Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, has achieved a second Guinness World Record for the Largest Cooling Plant Coverage in its Business Bay district cooling project in Dubai. This project currently serves 188 buildings, including residential, commercial, and hospitality facilities, and is one of the largest district energy projects worldwide, with a capacity of 451,540 refrigeration tons. Empower's network spans 52.4 kilometers and utilizes advanced technologies, including thermal energy storage and treated sewage effluent. This achievement follows a previous record for the Highest Capacity District Cooling Plant. Empower's CEO, Ahmad Bin Shafar, highlighted the dedication of their teams and their commitment to efficiency, quality, innovation, and sustainability, aligned with the UAE's vision for the future.
Salik, the exclusive toll gate operator in Dubai, has partnered with Parkonic, the largest private parking operator in the UAE, to integrate its eWallet system across Parkonic's 107 locations in the UAE, marking Salik's first expansion beyond Dubai. This five-year contract aims to enhance parking payment solutions, contributing to the UAE's smart city infrastructure by offering seamless and secure access to parking services. Salik will receive a percentage of parking fees through its eWallet, supporting its ancillary revenue growth. The solution is expected to be available for approximately 135,000 parking spaces by the first quarter of 2025. Both companies emphasize their commitment to innovation and improving urban mobility, aligning their technologies to support the UAE's smart city goals.
Drake and Scull International PJSC (DSI), a company specializing in mechanical, electrical, and plumbing services, as well as oil and gas and water treatment projects, is actively pursuing growth opportunities in the UAE's infrastructure market and the wider Middle East region. The company is currently involved in various infrastructure and water treatment projects and has submitted bids for projects worth 4 billion dirhams. These efforts are part of DSI's strategy to expand its project portfolio and strengthen its leadership in large-scale infrastructure projects. CEO Muin Al Saleh expressed optimism about the company's growth potential and regional expansion plans. Additionally, DSI's subsidiary secured a 180 million Saudi Riyals contract for a wastewater treatment plant in Saudi Arabia, reinforcing the company's capacity to handle large projects.
The Abu Dhabi Securities Exchange (ADX) has been informed by the Abu Dhabi Ports Company PJSC that the Securities and Commodities Authority (SCA) has approved their request to hold a General Assembly meeting. This meeting is scheduled for 3 p.m. on Friday, December 20, 2024. An invitation to the General Assembly meeting will be published in both English and Arabic in two daily newspapers on Friday, November 29, 2024. Attached to the notice is the meeting invitation and a disclosure regarding proxy authorizations for attendance.