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Dubai World Trade Centre hands over $13m Expo Village contract to Abanos

Jack Ball, Arabian Industry Summary The Expo Village contract win is “a landmark in the history of Abanos” the firm said in a statement, adding the carpentry and joinery works under the agreement will cover a built up area of 48.85ha. This area is spread across 11 plots in five parcels, three...


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District Energy Space 2017 Awards at IDEA2018

Showcasing Industry Growth Around the World More than 109,087,059 square feet of growth was reported in 2017. Summary The publication of District Energy Space has become an annual tradition for the International District Energy Association since 1990. Compilations beyond North America...

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Emicool Wins District Cooling Contract for Expo 2020 Conference and Exhibition Centre

Press Release, Albawaba Dubai Investments PJSC, the leading, diversified investments company listed on the Dubai Financial Market, has announced that its wholly-owned subsidiary and leading district cooling service provider Emirates District Cooling [Emicool] has been awarded the contract for a...


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Emicool earns GC-mark certifications for district cooling

Nikhil Pereira, ConstructionWeekOnline.com Summary Dubai Investments’ wholly-owned subsidiary and district cooling service provider Emirates District Cooling (Emicool), a member of IDEA, has won the ISO, OSHAS and Global Conformity [GC-Mark] certifications. The company has received the ISO...


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Dubai Investments Buys Union Properties’ Stake in Emicool

Press Release, Albawaba Business Dubai Investments owns 100% stake in Emicool. Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has acquired additional 50% stake in Emirates District Cooling LLC [Emicool], a member of...


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Dubai's Union Properties says close to selling Emicool stake

Reuters Summary Dubai real estate developer Union Properties UPRO.DU is in the final stage of selling its entire stake in Emicool, a district cooling service provider, the company said on Tuesday. Union Properties has received several offers for the stake from United Arab Emirates-based...


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Dubai’s Nakheel awards contracts worth Dhs430m for Deira Islands

Aarti Nagraj, Gulf Business August 9, 2017 Summary Dubai developer Nakheel has awarded four contracts – collectively worth more than Dhs430m – for its mega Deira Islands development, it announced on Wednesday. The contracts cover islands A and B of the four-island development, a statement...


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Dubai Investments in talks to acquire Emicool

ITP Business Publishing, July 5, 2017 Summary ITP Business Publishing Ltd. reports that Dubai Investments is currently in initial talks to buy Union Properties' stake in Emirates District Cooling LLC (Emicool), taking full control of the Dubai-based district cooling provider. The company...

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