Monday , January 22 2018

Local News

Dubai Investments buys 50% stake in Emicool

Dubai Investments buys entire stake in Emicool copy

DUBAI / WAM Dubai Investments has acquired additional 50% stake in Emirates District Cooling (Emicool) from Union Properties for AED500 million. Following this acquisition, Dubai Investments owns 100% stake in Emicool. Khalid bin Kalban, MD and CEO of Dubai Investments, said, “The transaction strengthens Dubai Investments’ portfolio in the utility ...

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