DUBAI / WAM Dubai Aerospace Enterprise (DAE) on Monday announced that it had recommenced its bond repurchase programme. Since the inception of the programme in mid-2018, DAE has repurchased approximately $485 million of principal amount of bonds and has remaining authorisation to repurchase a further approximately $115 million. DAE Chief Executive Officer Firoz Tarapore said, “The current trading levels of ...

DUBAI / WAM As part of the directives of the wise leadership to support charitable and humanitarian causes, the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) on Monday announced that the construction of the Zayed Dialysis Centre is approximately 36 percent complete. The centre, located in the Al-Twar 3 area, is a joint project between the IACAD and ...

ABU DHABI / WAM Emirates Central Cooling Systems Corporation, Empower, has announced that the total number of buildings connected with its district cooling services in Dubai has increased to 1,180 in 2019, marking 8.25 percent growth from 2018. The company’s performance shows an impressive growth of 269 percent in a span of seven years, from 320 buildings in 2012 to ...