The amount makes 42.5% of the company's paid-up capital.

Empower revealed this at the launch of the ‘Arabian Travel Market 2022’, which is being held at the Dubai World Trade Centre.

The dividend is 53.4 percent of the net profit earned by the firm last fiscal.

Empower is the world’s largest district cooling services provider.

DUBAI: Emirates Central Cooling Systems Corporation (Empower) will be using Mitshubishi's air-conditioning and heating systems for its environmentally friendly district cooling operations. Under a deal signed between the two, Mitsubishi Heavy Industries Thermal Systems will supply Empower with advanced water-cooled centrifugal chillers with a total cooling capacity of 100,000 refrigeration...

Empower is servicing 3,850 RT at the skyscraper.

Empower will also acquire the existing cooling plant in the area.

Empower will as a result acquire all the assets of these systems.