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Empower to bridge skills gap with workforce expansion Ahmad Bin Shafar, CEO, Empower

Empower to bridge skills gap with workforce expansion

Emirates Central Cooling Systems Corporation (Empower) announced that it has expanded its workforce by almost 10% following new contract awards and renewals of existing projects

 •   Empower settles loan instalment of $40mn ahead of time
 •   Empower helps to save 5.4% on district cooling energy consumption
 •   Empower, Al Ansari partner for district cooling payment service


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Dubai's DEWA reviews future of digital technologies

Dubai's DEWA reviews future of digital technologies

DEWA is aiming to become one of the most prominent digital utilities in the world, in line with the Fourth Industrial Revolution that the world is experiencing
 
Industrial cyber risks are real, says Siemens

Industrial cyber risks are real, says Siemens

Siemens has revealed that the threat of an industrial cyber risk on energy companies is rising, and companies should boost their security measures
 
GM launches first electric vehicle in the Middle East

GM launches first electric vehicle in the Middle East

General Motors (GM) has announced the Middle East launch of its latest electric model, the Chevrolet Bolt EV, at the Dubai International Motor Show
 
Saudi's Jeddah plant resumes operations after brief outage

Saudi's Jeddah plant resumes operations after brief outage

State-controlled Saudi Electricity Co (SEC) said it had resumed operations at one of its facilities in Jeddah
 

 

UK plans $2bn investment on UAE's renewable energy

UK plans $2bn investment on UAE's renewable energy

Baroness Rona Fairhead, UK Minister of State for Trade and Export Promotion at the Department for International Trade, has revealed that the UK is to invest ÂŁ1.5 billion ($1.97 billion) on renewable energy in the UAE
 
Dubai's DEWA to cooperate with Masdar and EDF on renewable energy projects

Dubai's DEWA to cooperate with Masdar and EDF on renewable energy projects

Dubai Electricity and Water Authority (DEWA) has signed an MoU with Abu Dhabi Future Energy Company (Masdar) and Électricité de France (EDF) to promote cooperation in developing and financing of Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park
 
GE builds key substation for $1.6bn Saudi-Egypt interconnection project

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GE has completed the Badr substation which is expected to play a strategic role in the upcoming $1.6bn Egypt-Saudi Arabia Interconnection project
 
Abu Dhabi pv solar project to supply power in 2019

Abu Dhabi pv solar project to supply power in 2019

With a capacity of 1.2GW, the world’s biggest photovoltaic solar plant is set to start operating by April 2019
 
UAE's Tabreed net profit increases 8% in Q3 2017

UAE's Tabreed net profit increases 8% in Q3 2017

National Central Cooling Company, Tabreed, has released its nine months financial results ending 30th September, 2017
 
Rosatom ready to bid for Saudi Arabia’s nuclear projects

Rosatom ready to bid for Saudi Arabia’s nuclear projects

Russian nuclear group Rosatom has expressed its interest and sent its initial proposals to Saudi Arabia for its mega nuclear reactors projects in the kingdom and said it would bid once tenders are floated
 
Empower settles loan instalment of $40mn ahead of time

Empower settles loan instalment of $40mn ahead of time

Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, has settled its semi-annual loan instalment two months before its maturity on December 31, 2017
 
5% VAT to be applied on UAE utilities next year

5% VAT to be applied on UAE utilities next year

Electricity and water bills in UAE are set to rise further next year following the implementation of value added tax (VAT) from January 1
 
Mirfa IWPP goes into full commercial operation in Abu Dhabi

Mirfa IWPP goes into full commercial operation in Abu Dhabi

Engie SA (ENGI.FR) has announced that the Mirfa Independent Water and Power Plant (IWPP) in Abu Dhabi is now into full commercial operation
 
Emirates SembCorp to announce Fujairah 1 project bond

Emirates SembCorp to announce Fujairah 1 project bond

Emirates SembCorp Water & Power, the joint venture behind a desalination plant in Fujairah, is expected to announce a U.S. dollar project bond issue this week
 
Saudi Electricity Q3 profit up 6.8%

Saudi Electricity Q3 profit up 6.8%

Saudi Arabia - State-controlled utility Saudi Electricity Co (SEC) reported a 6.8 percent increase in third-quarter net profit on Monday due to falling costs as the company improves efficiency
 




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