Emirates Central Cooling Systems Corporation PJSC

Emirates Central Cooling Systems Corporation PJSC

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Empower Drives Emiratisation in District Cooling

Summary

Empower, the world's largest district cooling services provider, has significantly increased its Emirati workforce, with a focus on gender balance and national talent development.
Empower reports a significant rise in Emirati employment, strengthening national competencies in district cooling.

Emirates Central Cooling Systems Corporation PJSC (Empower), a leading player in the district cooling industry, has recently announced a noteworthy increase in the employment of Emirati nationals across various professional and administrative roles. By the end of 2024, the company had made significant strides in Emiratisation, with female employees accounting for 45.37% of its Emirati workforce, while male employees represented 54.63%. This move highlights Empower's dedication to fostering gender balance and attracting top national talent.

H.E. Ahmad bin Shafar, CEO of Empower, emphasized the company's commitment to prioritizing the recruitment and empowerment of national talent. Empower aims to advance the UAE's human capital development by enhancing productivity and efficiency, increasing engagement in strategic economic sectors, and equipping Emirati employees with the tools to embrace future advancements.

Empower's integrated framework and strategic plan are delivering measurable results, contributing to the UAE government's vision of increasing Emiratisation rates by encouraging active engagement in vital industries. Bin Shafar highlighted that Emiratisation and the recruitment of qualified Emirati talent have been fundamental to Empower's hiring strategy since its inception.

Furthermore, Empower is committed to integrating Emirati women into the workforce and fostering their professional growth within the district cooling sector. This aligns with the UAE leadership's vision, which recognizes women as equal partners in the nation's development journey.

Given Empower's strong commitment to national talent development and its strategic alignment with UAE's vision, the company is well-positioned for future growth. Investors might consider this a strong indicator of the company's long-term stability and potential for expansion. Therefore, it could be a strategic decision to buy Empower's stocks, as the company continues to solidify its leadership position in the district cooling sector.

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