back Back to news
Economy Politics Local 2026-03-26T16:57:57+00:00

Empower Approves Cash Dividend Distribution

The General Assembly of Emirates Central Cooling Systems Corporation (Empower) approved the proposal to distribute cash dividends to shareholders with an 85% quorum. The decision confirms the company's financial stability.

Empower Approves Cash Dividend Distribution

The General Assembly of Emirates Central Cooling Systems Corporation PJSC (Empower), with a quorum of 85%, approved the board of directors' proposal to distribute cash dividends to shareholders. This decision marks a significant step for the company, reflecting its financial stability and commitment to shareholder interests.

Latest news

See all news
Dubai to Maintain Position as Investment Hub
2026-03-26T16:55:20+00:00

Dubai to Maintain Position as Investment Hub

UBP bank forecasts short-term difficulties for Dubai's economy but is confident in the emirate's rapid recovery. Experts note the high loyalty of long-term residents and Dubai's resilience as an investment hub.
Economy Politics Local
Dubai Investors Stay Put Amid Global Market Turmoil
2026-03-26T15:54:27+00:00

Dubai Investors Stay Put Amid Global Market Turmoil

According to JCG Structuring, none of over 200 active investors in Dubai have left the UAE, reinforcing their commitments. This demonstrates trust in the country's long-term investment appeal.
Economy Politics Local
Dubai Reaches Record High in Global Financial Centres Index
2026-03-26T15:50:36+00:00

Dubai Reaches Record High in Global Financial Centres Index

Dubai climbed to 7th place in the Global Financial Centres Index, becoming the only centre from the Middle East, Africa, and South Asia in the top 20. The growth is linked to the expansion of DIFC, which now hosts over 9,000 companies. The emirate's goal is to rank among the top 4 by 2033.
Economy Politics Local
UAE's Efficient Logistics System
2026-03-26T15:43:40+00:00

UAE's Efficient Logistics System

UAE's Minister of Energy and Infrastructure confirms that the country's transport and supply chains operate efficiently. The Supply and Transport Committee ensures stable logistics, reinforcing the UAE's position as a global hub.
Economy Politics Local