INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Empower begins to operate a new cooling plant in Dubai

A file picture of an Empower plant.
  • The total cooling capacity of the plant will be 50,000 RT upon completion
  • It will be interconnected with the company’s existing district cooling plant in Dubai International Financial Centre (DIFC) to deliver total cooling energy of 112,000 RT

Emirates Central Cooling Systems Corporation (Empower) has started operating the first phase of its new District Cooling plant in Za’abeel, Dubai, with a cooling capacity of 27,750 refrigeration tonnes (RT).

The total cooling capacity of the plant will be 50,000 RT upon completion and will be interconnected with the company’s existing district cooling plant in Dubai International Financial Centre (DIFC) to deliver total cooling energy of 112,000 RT, to serve the existing and upcoming projects in the area. The projects are the DIFC buildings, the Dubai World Trade Center and the Emirates towers, the Wasl1 mega-development, the ‘One Za’abeel’ and others.

The Za’abeel plant is built according to high-level engineering and operational design criteria and international standards. It is equipped with advanced equipment and modern technologies. Empower awarded the construction contracts worth AED164 million at the end of 2020 to build and provide the plant.

The new plant is designed according to the highest international standards of construction and building design. It considered the criteria of sustainable green buildings and modern urban development in Dubai and the general and external appearance of the buildings in the district.

Ahmad bin Shafar, CEO of Empower, said that the Za’abeel District Cooling plant uses advanced cooling technologies with minimal energy and water consumption and will feature two Thermal Energy Storage (TES) units to enhance energy efficiency during peak hours. In addition to using Treated Sewage Effluent (TSE) technology that reduces freshwater consumption and conserves natural resources, the plant will also utilize artificial intelligence (AI) in its operations.