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- Mannai Corp net profit surges 62% to QR101mn on QR3.5bn revenues in 9M-2025
- Vodafone Qatar empowers SMEs, says TMF Group
- Qatar Islamic Bank net profit reaches QR3.46bn in January-September 2025; assets at QR215bn
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- OQEP, Petronas sign deal to expand global footprint in oil and gas exploration
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- Baladna: Record 9M 2025 performance with revenue up 10%, net profit up 170%
- Lubna Olayan, Jane Fraser Appointed Co-Chairs of Saudi-US Business Council
23/10/2025 02:14 AST
Emirates Central Cooling Systems Corporation (Empower) has announced that it has started work on its second district cooling plant in Jumeirah Village Circle, which on completion, will have a production capacity of 37,000 refrigeration tonnes (RT).
The company confirmed that the construction will proceed according to the approved schedule under the direct supervision of Empower's in-house projects team.
Empower said the Jumeirah Village project is one of its largest and most prominent developments.
The company is building six advanced district cooling plants to serve the entire area, with a combined capacity of 256,000 RT.
The new plant, the second in the area, will join the existing world's first unmanned district cooling plant, which has a cooling capacity of 49,000 RT, it stated.
Featuring advanced cooling technologies that offer high energy and water efficiency, the new plant will provide services to numerous residential, commercial, and hospitality buildings in the area.
Empower pointed out that the new plant will integrate the award-winning Thermal Energy Storage (TES) and Treated Sewage Effluent (TSE) technologies to ensure the highest levels of efficiency and performance in producing and distributing chilled water.
"Empower continues its strategic expansion by developing and operating next-generation district cooling plants that leverage the latest and most sustainable global technologies," remarked its CEO Ahmad Bin Shafar.
The construction of the second plant in Jumeirah Village marks a significant milestone in the company's efforts to enhance its operational capacity and meet the growing demand for district cooling services in the area, in line with the highest standards of environmental efficiency and technological innovation, he stated.
"Empower is committed to implementing advanced solutions that optimise energy consumption and preserve natural resources. These include the use of thermal energy storage technologies and treated water in district cooling operations, which enhance operational efficiency and reduce carbon emissions," he added.
Trade Arabia
21/10/2025
Emirates Central Cooling Systems Corporation (Empower), a district cooling services provider, and Yokogawa Electric discussed ways to strengthen cooperation between the two entities and explored pros
Trade Arabia
13/08/2025
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, reported a 7.1 per cent increase in consumption during the first half of 2025 compared
Khaleej Times
06/08/2025
Emirates Central Cooling Systems Corporation (Empower) has announced robust financial results for the first half with a total revenue of AED1.45 billion ($395 million), up 7.5% over the same period i
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| TAQA | 3.45 | 0.00 (0.00 |
| ACWAPOWER | 233.90 | -5.60 (-2.34 |
| DEWA | 2.75 | 0.02 (0.73 |
| SAUDIELECTRICITY | 15.77 | 0.12 (0.76 |
| MARAFIQ | 42.50 | -0.22 (-0.52 |
23/10/2025
Mannai Corporation has achieved a group net profit of QR101mn on consolidated revenue of QR3.5bn in the first nine months (9M) of 2025.
The net earnings surged 62% and revenues by 15% in the
Gulf Times
23/10/2025
Qatar's burgeoning small and medium sized enterprise (SME) ecosystem presents strong demand for telecommunications services that facilitate operational efficiency and ensure high productivity.
Gulf Times
23/10/2025
Qatar Islamic Bank (QIB) has reported net profit of QR3.46bn for the nine months ended September 2025, representing a growth of 5.8% over the same period in 2024.
Basic earnings-per-share wa
Gulf Times
23/10/2025
Oman Arab Bank (OAB) on Wednesday held a discussion session at its Muscat headquarters on Wednesday, bringing together media representatives for an open dialogue moderated by CEO Sulaiman al Harthi.
Muscat Daily
23/10/2025
OQ Exploration and Production New Ventures LLC (OQEP), a wholly owned subsidiary of OQ Exploration and Production, has signed a Memorandum of Understanding (MoU) with Petronas Carigali International
Muscat Daily
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