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Empower pays AED400m dividend to shareholders

Dubai / WAM Emirates Central Cooling Systems Corporation (Empower), announced a payment of AED400 million as dividend to its shareholders for fiscal year ended on December 31, 2019. Empower recorded a net profit of AED871 million in 2019 with an increase of 8.3 percent year-on-year (Y-o-Y) and 46 percent of this is being paid as dividends. The company also recorded ...

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Expo 2020 Dubai reveals country pavilions designed by students

DUBAI / WAM Nine countries from around the world – Djibouti, Grenada, Malawi, Myanmar, Saint Kitts and Nevis, San Marino, Sri Lanka, Suriname and Zimbabwe – have unveiled their Expo 2020 Dubai pavilions, each designed by young and emerging talented students, and in line with the Expo’s wider aim to engage, involve and empower the next generation. Hind Al Boom, ...

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Emirates set to operate special flights to Saudi

Dubai / Emirates Business Under a special dispensation from the authorities in Saudi Arabia, Emirates will operate selected flights to Riyadh, Jeddah and Dammam from March 12-15. This is to facilitate the return of travellers whose journeys were disrupted by the recent travel restrictions implemented by the Kingdom as a containment response to the Covid-19 outbreak. Only Saudi nationals will ...

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