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7,000 Yemenis receive UAE aid in Hodeidah

HODEIDAH / WAM The Emirates Red Crescent (ERC), distributed 1,000 food baskets to residents of Al Hima in At Tuhayat District of Hodeidah, Yemen. This latest distribution of food aid benefits 7,000 Yemenis as part of UAE efforts to provide necessary humanitarian and relief assistance to individuals in liberated areas of Yemen’s Red Sea Coast. Saif Al Dhaheri, ERC Representative ...

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Empower connects 40 buildings with district cooling in H1

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced the connecting its district cooling services to 40 buildings in the first half of the year, 2018. Total connected load during this period is more than 52,000 Refrigeration Tonnes (RT). Empower also announced that it has awarded the contractors and suppliers with 25 ...

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DGCX expands collateral basket in partnership with StanChat

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) and its Central Counter Party (CCP) subsidiary, Dubai Commodities Clearing Corporation (DCCC), announced that clearing members can now deliver eligible global securities as collateral. To underpin the expansion of the collateral basket, Standard Chartered Bank (StanChat) will provide Custody Management Services on this additional form of collateral and will be ...

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