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Emirates Central Cooling Systems Corporation PJSC (Empower) has signed an agreement with Meraas to supply over 17,500 refrigeration tonnes to City Walk Phase 3 and Verve building in Dubai. This move is part of Empower's expansion to meet the increasing demand for energy-efficient district cooling services, aligning with Dubai's sustainable urban development goals. Empower, the largest provider of district cooling services globally, aims to enhance operational efficiency and environmental sustainability. The company has recently increased its cooling capacity to around 1.7 million refrigeration tonnes, serving nearly 1,750 buildings, with a contracted capacity of approximately 2.0 million refrigeration tonnes. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to supporting Dubai's rapid development and sustainability objectives, contributing to the UAE's green economy and net-zero goals. The City Walk Phase 3 project adds to Empower's portfolio of significant developments in Dubai, reflecting its role as a leader in the district cooling sector.
The Emirates Integrated Telecommunications Company PJSC is inviting its shareholders to a General Meeting at its Dubai headquarters and virtually on March 3, 2026, at 12:00 pm. The agenda includes approving the Board of Directors' and auditors' reports, discussing and approving the financial statements for the fiscal year ending December 31, 2025, and considering the distribution of dividends totaling AED 0.64 per share. The meeting will also address discharging or filing liability claims against the Board and auditors, approving Board remuneration of AED 12,220,000, appointing auditors for 2026 with fees of AED 2,200,000, electing a Board member, and considering voluntary community contributions of AED 3,160,000. Shareholders may delegate representatives to attend, and virtual attendees must register electronically to vote. The meeting requires at least 50% shareholder representation for validity, with a second meeting scheduled if necessary. Shareholders registered on March 27, 2026, can vote, and those on April 9, 2026, are entitled to dividends if approved. Financial statements and the annual report are available online.