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Salik Company PJSC, Dubai's exclusive toll gate operator, has been awarded the "3G Excellence Award for Advocacy and Commitment to Corporate Governance 2025" by the UK-based Cambridge IFA during the Global Good Governance Summit in Brunei. This award highlights Salik's dedication to corporate governance, transparency, and ethical leadership. CEO Ibrahim Al Haddad stated that the recognition reflects the company's commitment to sustainable value for shareholders and partners, with corporate governance being pivotal for business sustainability and market confidence. Salik's internal teams played a crucial role in securing this recognition by presenting their corporate governance system to the judging panel. The company aims to support Dubai's goal of becoming the world's smartest city and aligns with the UAE's future development programs.
Emirates Central Cooling Systems Corporation (Empower), the world's largest district cooling services provider, is marking World Refrigeration Day on June 26, 2025, by emphasizing the importance of district cooling in improving quality of life and promoting sustainability. Empower is a key partner in global initiatives like "District Energy in Cities" and the "Cool Coalition" by the United Nations Environment Programme, which aim to promote energy-efficient and environmentally friendly cooling solutions. Empower's CEO, Ahmad Bin Shafar, stated that cooling is essential for a sustainable future and highlighted Dubai's leadership in district cooling. Empower, founded in 2003, has become a global leader in district cooling, using advanced technologies and AI to save up to 50% of energy compared to traditional systems. The company promotes environmental awareness in the UAE and aligns with the Dubai Clean Energy Strategy 2050, which aims to make Dubai a global hub for clean energy with a low carbon footprint.
Dubai Investments has initiated construction on Asayel Avenue, a new residential cluster within the AED 2.2 billion Mirdif Hills development in Dubai. The project, developed by Dubai Investment Real Estate, will feature 193 residential apartments with modern layouts, premium finishes, and smart living technologies. Asayel Avenue aims to enhance community living with wellness amenities and landscaped spaces. Construction began in the second quarter of 2025, with completion expected by the second quarter of 2027. The project reflects Dubai Investments' commitment to quality and sustainable urban development.