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Dubai Financial Market celebrated the listing of Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider and the industry's most prominent player in Dubai. Simultaneously, Empower logo debuted on the NASDAQ screen in the famous New York's Times Square, which attracts more than 50 million visitors a year. The listing of Empower is the fourth IPO on the Dubai Financial Market since the beginning of this year.
"Celebrating the listing of Empower on the Dubai Financial Market through the screens of the Nasdaq New York market is a defining moment for the Company and its shareholders. The event is a landmark in the global competitive investment climate and a bright spot for IPOs internationally, and it also allows Empower to contribute to strengthen Dubai's position," His Excellency Ahmad Bin Shafar, CEO of Empower, said.
Background Information
Qatar Foundation
Qatar Foundation (QF) is a non-profit organization made up of more than 50 entities working in education, research, and community development.
Our unique ecosystem—supported by partnerships with leading international institutions—is built on initiatives that address our most pressing challenges, create global opportunities, and empower people to shape our present and future.