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Empower hails CEO's role in the company's sound financial policies at recent board meeting

April 24th, 2011

Emirates Central Cooling Corporation (Empower), the largest district cooling service provider in the region has hailed the role of Mr. Ahmed Bin Shafar, CEO of Empower for the remarkable achievements of the company in the past eight years.
Bin Shafar was felicitated for his achievements at the company’s most recent board meeting chaired by the chairman HE Mr. Saeed Al Tayer in the headquarters of Empower.

HE Al Tayer said: “Empower has achieved outstanding results in record timing. The company managed to position for itself a leader in district cooling industry not just at the local level, but also regionally and internationally by adopting global best practices, leveraging on the accumulative marketing and technical expertise of its teams of over 300 people led by Ahmed Bin Shafar.”

HE Al Tayer added: “Empower succeeded in diversifying its client base and adopting best practices in managing its operations by adopting a conservative spending strategy and attracting well experienced teams. This all helped in taking the company to a leading position from a finance and services perspectives.”

Bin Shafar added: “I dedicate this felicitation to every member in Empower who are working hard to enhance the performance of the company and to implement the vision of Dubai government in that every organisation should work to achieve excellence and leadership in Dubai. We at Empower has achieved growth which goes along with the greater awareness in the UAE of the importance of using district cooling as an alternative to conventional air conditioning. Moreover, the real estate projects served by the company have increased in the last period.”

Bin Shafar highlighted the overall performance of Empower. He added: “We see huge potential for expansion in various areas in the UAE as district cooling gains momentum. Moreover, we are intensifying our efforts to expand our presence in other parts of the Gulf where use of district cooling is still low.”

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