Author: Editorial team
District cooling provider expands capacity, signs 61 new contracts and surpasses 2 million refrigeration tonnes in contracted capacityDubai: Emirates Central Cooling Systems Corporation PJSC (Empower) reported strong financial results for the first half of 2026, with net profit after tax rising 16.2% year-on-year to AED468 million, supported by continued growth in Dubai’s real estate sector and increasing demand for district cooling services.The company recorded revenue of AED1.519 billion during the first six months of the year, up 4.5% compared with the corresponding period of 2025.EBITDA increased by 7.5% to AED773 million, while profit before tax reached AED514 million, also marking…
The Middle East’s travel and tourism sector is projected to contract by 14.5 per cent or $56 billion (Dh205.5 billion) this year but the region will be the fastest growing over the next 10 years, led by Saudi Arabia, UAE and Oman, according to the World Travel & Tourism Council (WTTC).New forecasts from WTTC’s latest Economic Impact Research (EIR): Global Trends Report, sponsored by Chase Travel, Lead Research Partner, showed that the travel and tourism sector in the Middle East is projected to contract from $386 billion in 2025 to $330 billion this year.Stay up to date with the latest…
A proud mother is celebrating her son’s Marvel debut after seven-year-old Elvis Carlos made his first appearance in Spider-Man: Brand New Day.Siân took to Instagram following the film’s release to share her excitement and thank those who helped make the experience so memorable for her family.Expressing her gratitude, Siân wrote: “Forever grateful for this! A big thank you to Destin Daniel, Tom Holland and the entire production team, who made the whole family feel so special on set. And, of course, a huge thank you to Stage Space Agency.”Her post quickly drew attention from fans, who celebrated Elvis’ appearance in the…
Dubai Basketball have strengthened their frontcourt ahead of the 2026/27 season with the signing of Georgian international Tornike Shengelia. The experienced power forward joins the team following a season with Barcelona, bringing more than a decade of EuroLeague experience to Dubai as he begins a new chapter in his career.Shengelia arrives in Dubai after spending a standout 2025/26 campaign with Barcelona, where he averaged 12.4 points and 4.6 rebounds across 34 EuroLeague appearances. He featured in 40 Liga ACB games, averaging 11.2 points per game, helping Barcelona reach the Spanish League Finals.Standing at 2.06 metres, Shengelia is regarded as one…
DUBAI, 6th August, 2026 (WAM) — Emirates Central Cooling Systems Corporation PJSC (Empower) reported first-half revenue of AED1.519 billion, up 4.5 percent from a year earlier, while net profit after tax rose 16.2 percent to AED468 million. EBITDA reached AED773 million, reflecting year-on-year growth of 7.5 percent, while profit before tax amounted to AED514 million, an increase of 16.2 percent compared to the first half of 2025. Ahmad bin Shafar, CEO of Empower, said, “Empower’s record results during the first half of 2026 reflect the strength of our business model, the resilience of our operational infrastructure, and our ability to…
Scrolling has become second nature. Whether it’s checking Instagram over breakfast, replying to work messages on the go, or watching “just one more” TikTok before bed, many of us spend more time looking at our screens than we realise. That’s why digital detoxing has become one of the biggest wellness trends in recent years. A digital detox simply means taking a break from phones, social media, and constant notifications to focus on real life instead. While the trend first gained traction in the 2010s, it has found a new audience with Gen Z, who are increasingly swapping endless scrolling for…
AJMAN, 6th August, 2026 (WAM) — The total number of real estate transactions in the Emirate of Ajman during July reached 1,517, with a combined value of AED1.65 billion. Ahmed Khalfan Al Shamsi, Director of the Real Estate Registration Department at the Ajman Department of Land and Real Estate Regulation, said the trading volume amounted to AED1.08 billion across 1,296 transactions. He added that 138 mortgage transactions were recorded with a total value of AED341 million, with Al Jurf Industrial 1 registering the highest single mortgage transaction at AED20.9 million. Al Shamsi said the figures reflect the upward trajectory of…
Jeffrey Liu explains how custom AI silicon, multilingual intelligence and ambient computing are transforming earbuds into intelligent personal assistants Dubai … Source: Tahawul Tech
Mohamed bin Zayed: UAE will continue to follow in the footsteps of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE, inspired by his vision UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has affirmed that the UAE will continue to follow in the footsteps of the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE, inspired by his vision. In a post on the social media platform “X”, His Highness said: “Today marks the 60th anniversary of the accession of the UAE’s Founding Father, the late Sheikh Zayed, as Ruler…
Dubai-based developer Dar Global has awarded the construction contract for the podium of Trump International Hotel & Tower, Dubai to Gulf Asia Contracting, marking the project’s move into its next construction phase.The London-listed luxury real estate developer said the appointment follows the successful completion of all enabling works on the project, which are due to wrap up in September 2026.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Located on Sheikh Zayed Road, the tower is set to rise approximately 350 metres across 80 floors. The development will combine a five-star hotel, branded residences and an exclusive…