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Emirates Central Cooling Systems Corporation PJSC (Empower), the largest district cooling services provider globally, is sponsoring and participating in the International District Energy Conference for Latin America and the Caribbean (LAC2025) in Santiago, Chile, on September 9-10, 2025. Empower's CEO, H.E. Ahmad Bin Shafar, who holds several prominent roles in the district cooling industry, will participate in the main sessions of the conference. The event, organized by Chile's Ministry of Energy and the Sustainable Energy Agency and supported by various international organizations, will feature discussions and workshops on district energy issues and experiences from different countries. Bin Shafar will discuss Empower's achievements in the Middle East and globally, highlighting Dubai's success in sustainable district cooling and its efforts in reducing emissions and achieving carbon neutrality. Empower's involvement in the conference underscores its commitment to sharing its expertise and supporting sustainable innovations in district cooling worldwide.
The text is a notification about the upcoming Board Meeting of the National Central Cooling Company (PJSC), scheduled for 10 September 2025 at 11:00 AM. The meeting will focus on discussing the business and operations of the company. This notification is in accordance with Article 36/11 of the Disclosure and Transparency Regulations number (3) for the year 2000, as amended. The notification is addressed to H.E. Waleed Saeed Abdul Salam Al Awadhi, CEO of the Securities & Commodities Authority in Abu Dhabi, UAE, and Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market in Dubai, UAE. The message is signed by Sean Magee, the Company Secretary.
Nasdaq Dubai has listed a USD 500 million Sukuk issued by Binghatti Holding, a Dubai-based property developer. This listing is part of Binghatti’s USD 1.5 billion Trust Certificate Issuance Programme and is set to mature in 2030. The Sukuk was oversubscribed five times, attracting over USD 2.5 billion in orders from regional and international investors, leading to a profit rate of 8.125%. This marks Binghatti's total Sukuk listings on Nasdaq Dubai at USD 1 billion. The listing ceremony was attended by Muhammad BinGhatti, Chairman of Binghatti Holding, and Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market. The Sukuk is also listed on the London Stock Exchange. The total Sukuk listings on Nasdaq Dubai have reached USD 98.6 billion across 108 listings, highlighting its role as a global hub for Islamic finance.
Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has announced new appointments. Dominic Piotr has been appointed as Chief Risk Officer, Rami Al Banna as Head of Marketing and Investor Relations, and Anil Dixit as Head of Asset Management. The announcement was addressed to Hamid Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, Chief Compliance Officer. The company's headquarters are located in Dubai, United Arab Emirates.
Dubai Investments has partnered with Angola's Sovereign Wealth Fund (FSDEA) to develop large-scale real estate projects in Luanda Province, Angola. The agreement aims to promote modern urbanization and sustainable development, initially focusing on Cazanga Island. Key figures at the signing included Khalid Bin Kalban of Dubai Investments and Armando Manuel of FSDEA. Dubai Investments sees this as an opportunity to expand its international presence and apply its real estate expertise to Angola. The FSDEA will participate through a special purpose vehicle holding land rights, facilitating the transformation of land into sustainable communities. The collaboration is expected to create urban, residential, and tourism projects, enhancing Angola's urban and tourism potential.