ABU DHABI / WAM National Central Cooling Company, Tabreed, released its nine months financial results ending on September 30. In a statement, Tabreed said, “Net profit increased by 8 percent to AED 290.4 million comparing to AED269.3 million for Q3 2016, group revenue increased by 9 percent to AED1049.1 million comparing to AED 960.3 million for Q3 2016, core chilled ...

DUBAI / WAM Empower, the world’s largest district cooling services provider, has settled its semi-annual loan instalment two months before its maturity on Dec 31. The pre-settled loan instalment amoun-ting to AED147 million forms part of Empower’s syndicated loan facility from a consortium of international and local banks and financial institutions. Ahmed bin Shafar, CEO of Empower, said, “Empower has ...

DUBAI / WAM Dubai Knowledge Park (DKP) and the Society for Human Resource Management (SHRM), the world’s largest HR professional society, unveiled the findings of an in-depth market survey titled, ‘Emerging HR Hubs – Regional Trends in Internationalisation and HR Mobility’, at the HR Summit and Expo 2017 in Dubai. Surveying HR professionals on their perception of the industry, the ...