DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) announced it awarded contracts valued at AED33 million to expand its district cooling pipe network at Dubai Studio City. The network expansion is part of the company’s infrastructure development plan using state-of-the-art technology to meet the increasing demand for cooling services in Dubai’s growing commercial and residential sector, and to provide ...

DUBAI / WAM Etihad Credit Insurance (ECI) signed a memorandum of understanding with Mohammed Bin Rashid School of Government (MBRSG) to jointly build a framework of excellence for ECI that will help to upskill its employees and elevate their competency levels. This partnership will lay the foundation to develop and nurture ECI’s workforce that will ensure the sustained development and ...

Bloomberg Japan’s key consumer prices continued to rise at the same pace in July, amid increasing speculation that the Bank of Japan (BOJ) may ramp up its stimulus as early as next month. Prices excluding fresh food rose 0.6% in July from a year earlier, matching economists’ median estimate, according to data from the internal affairs ministry. The downward impact of ...