Recent Posts

Empower settles $728mn loan early, targets zero debit

Dubai / WAM The Emirates Central Cooling Systems Corporation, Empower, announced that it has prepaid three loan instalments of $157.5 million (AED580 million) prior to their maturity. With these prepayments and payment of DIB facility of $128 million, Empower has fully settled its term loan facilities for a total amount of $728 million and the company will have zero debt ...

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UAE achieves significant local, global achievements in 2018

Abu Dhabi / WAM The UAE will conclude 2018 with significant local, regional and international achievements. As well as honouring the name of the late Sheikh Zayed bin Sultan Al Nahyan, 2018 witnessed many local and international events that commemorated the memory of the Founding Leader, Sheikh Zayed, glorified his legacy, and promoted his humanitarian values. Upon the directives of ...

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IoT Middle East 2019 to focus on business aspects of digital transformation

Dubai / Emirates Business Following positive response and an impressive line up of speakers confirmed for the ‘Internet of Things 2019’, key stake holders from the region have confirmed their presence at the Armani Hotel Dubai from the February 20-21, 2019 for the sixth edition of the cross-industry C level conference aimed for decision makers in both the private- and ...

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