The liquidity generated will be strategically deployed to accelerate the company’s district cooling projects across the UAE and the wider region
Emicool
Cooling services restored to Dubai’s Motor City after dispute
Residents impacted after a dispute between Union Properties, district cooling service provider Emicool and the owners’ association
Motor City residents urged to report cooling issues to Dubai Police
Payments dispute over Eid weekend saw cooling services disconnected in Motor City
Dubai Investments sees nine-month net profit fall to $197m
Dubai Investments boss says moving ahead with plans to monetarise real estate assets and projects
Dubai Investments says half-year net profit rises to $133m
Dubai Investments boss says increase in total income, net profit and total assets is ‘quite encouraging’ given challenging economic environment
Emicool wins cooling contract for Dubai Expo 2020 site
District cooling plant will serve the Expo Village, Dubai South Mall and the new conference and exhibition centre
Dubai Investments plans IPO of Emicool unit in Q4
Dubai Investments CEO Khalid bin Kalban says Emicool will be valued at between #353.9 million and $408.3 million
Union Properties ‘in final stages’ of selling stake in Emicool
The buyer for Union Properties’ entire stake in the company will be announced in the next few days