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Emirates Central Cooling Systems Corporation's Dividend Distribution: A Closer Look

Emirates Central Cooling Systems Corporation (Empower) recently announced the payment of AED 425 million in cash dividends to its shareholders for the first half of 2023. This marks the second consecutive dividend payout of this magnitude, with the company promising to maintain this trend for the second half of 2023 and the first half of 2024. However, a deeper look into the company's financials paints a more nuanced picture.

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Dubai Electricity & Water Authority: A Neutral Outlook Amidst Progress in Sustainable Development

The Dubai Electricity & Water Authority (DEWA) continues to make strides in sustainable development, with its latest initiative focusing on electric vehicle charging infrastructure. Despite a slight negative yield over the past three months, the company’s commitment to sustainability and renewable energy use presents an interesting prospect for investors.

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