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Forbes Middle East has recognized H.E. Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation (Empower), as a top sustainability leader in the energy and utilities sector across the Middle East. He is one of 107 leaders honored for their contributions to sustainability, with the UAE leading the list. The evaluation considered various sustainability efforts, including ESG reports and energy efficiency. This is Bin Shafar's second recognition by Forbes Middle East this year. He emphasized the importance of district cooling systems in sustainable development and highlighted Dubai's goal to increase environmentally friendly cooling systems to 40% of its total capacity by 2030.

Modon Holding P.S.C. has announced a strategic partnership with Hassan Allam Holding to explore collaboration on large-scale construction projects in Egypt, particularly in Ras El Hekma. The memorandum of understanding aims to enhance cooperation in sectors such as infrastructure, energy, and water and wastewater treatment. His Excellency Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding, stated that the agreement marks a significant step in their expansion into Egypt and highlights their commitment to promoting partnership opportunities. Both companies will focus on developing resilient and sustainable utilities and infrastructure, including power, water treatment, and telecommunications, to ensure long-term operational success.

Palms Sports has secured a two-year government contract worth over AED 32 million to provide physical training and development for a prestigious institution in the UAE. The company, a leader in sports management and Jiu-Jitsu training, will deploy a team of 28 experts to support leadership development initiatives. CEO Fouad Darwish expressed pride in the partnership, highlighting the company's commitment to delivering high-quality training and its role in supporting the UAE's leadership goals. This contract emphasizes Palms Sports' expertise and expands its service offerings in leadership and personal development.

Modon Holding P.S.C. has entered into a strategic partnership with Hassan Allam Holding to explore collaboration on large-scale construction projects in Egypt, specifically in Ras El Hekma. The memorandum of understanding aims to enhance cooperation in various sectors, including infrastructure, energy, water and wastewater treatment, and special buildings. The partnership seeks to promote opportunities for the Ras El Hekma project, supporting Modon Holding's growth and diversification in Egypt. Both companies will explore utilities and infrastructure collaboration, focusing on delivering sustainable power, water treatment, and telecommunications infrastructure for long-term success.

TAQA, JERA, and Al Bawani have formed a consortium to develop two new combined cycle gas power plants in Saudi Arabia, named Rumah 2 IPP and Al Nairyah 2 IPP. Each plant will have a generation capacity of 1.8 GW, totaling 3.6 GW. The consortium has signed two 25-year Power Purchase Agreements with the Saudi Power Procurement Company. The plants will use advanced gas turbine technology and support carbon capture, aligning with Saudi Arabia's energy goals of a balanced energy mix and the Saudi Green Initiative for net-zero emissions by 2060.