ABU DHABI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, continues its summer campaign, “240C Cool,” which was launched in July 2018. The three-month campaign seeks to reduce energy consumption by maintaining optimum temperature and redu- cing the value of customers’ consumption bills, to achieve sustainable development goals. Empower achieved 5.6 percent savings ...

DUBAI / WAM Mubadala Investment Company announced the signing of an agreement with the UAE Disabled Sports Federation (UAEDSF) to sponsor the UAE Paralympian team until 2021. Eighteen Paralympians represented the UAE at Rio 2016 Paralympian Games and won a total of seven medals, beating their previous record of four medals in Athens. As part of the sponsorship, Mubadala and ...

FUJAIRAH / WAM Oil product stocks at the Middle East’s key oil hub of Fujairah fell another 3.3 percent in the week, a new seven-week low, as light distillate inventories slipped to their lowest level of the year. Total oil stocks were 18.114 million barrels, down 625,000 barrels from a week earlier, according to the Fujairah Energy Data Committee. Light ...