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EGA, Taqa, Dubal Holding, Ewec to expand clean energy generation

  ABU DHABI / WAM Emirates Global Aluminium (EGA), Abu Dhabi National Energy Company PJSC (Taqa), Dubal Holding and Emirates Water and Electricity Company (Ewec) on Wednesday announced a major initiative that would unlock significant further development of solar power generation capacity in Abu Dhabi, progress power asset and generation optimisation, and decarbonise EGA’s aluminium production in the United Arab ...

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SEDD highlights aspirations of youth in industrial sector

  SHARJAH / WAM The Youth Council of Sharjah Economic Development Department (SEDD) organised a virtual discussion session in cooperation with Federal Youth Authority and Sharjah Foundation for Supporting Entrepreneurship (RUWAD). The session was aimed at highlighting UAE’s role in developing the industrial, specifying basic needs to run industrial projects, discussing challenges facing the entrepreneur sector, and discussing solutions to ...

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Empower approves cash dividend of AED500 million to its shareholders

  DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) has announced a dividend of AED500 million to its shareholders for the fiscal year ending on December 31, 2021. The dividend payout represents 53.4 percent of the AED936 million, the total net profit achieved by Empower for the last fiscal year that increased by 4 percent compared to 2020. The ...

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