Empower says H.E. Saeed Mohammed Al Tayer, Chairman, Empower, honoured H.E. Ahmad Bin Shafar, CEO, Empower, in recognition of his outstanding contributions spanning over 20 years in steering the company since its inception
DUBAI, UAE, 15 April 2024: Emirates Central Cooling Systems Corporation PJSC (Empower) announced that H.E. Saeed Mohammed Al Tayer, Chairman, Empower, honoured H.E. Ahmad Bin Shafar, CEO, Empower, in recognition of his outstanding contributions spanning over 20 years in steering the company since its inception. Making the announcement through a Press release, Empower said the accolade celebrates his pioneering role in advancing the District Cooling industry regionally and globally and his proficient team leadership that has propelled Empower to its esteemed position as a global leader in the District Cooling sector. Empower said the ceremony took place during its annual general assembly.
Empower said H.E. Al Tayer also praised the company’s remarkable progress in technical and production capacities, attributed to its strategic investments in Fourth Industrial Revolution technologies and commended on its commitment to enhancing its international standing through innovation. Empower also said that the Chairman acclaimed its continuous improvement in service standards, which has benefitted thousands of customers across various districts of Dubai.
H.E. Al Tayer said: “ We recognise Empower’s active role in environmental conservation and establishing unparalleled benchmarks in production and distribution quality. The dedication and professionalism exhibited by Empower’s teams, under the leadership of H.E. Bin Shafar, align with the visionary approach outlined by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Empower stands as a testament to the UAE’s commitment to sustainable development and economic progress.”
“The success of Empower to become number one in the world would not have been possible without the unlimited support and unprecedented backing of H.H. Sheikh Mohammed. Empower’s vision is to be the world’s leading District Cooling service provider by promoting sustainable and optimised use of energy resources to deliver reliable, cost-effective, and environmentally friendly world-class cooling services to achieve customer satisfaction, thereby creating long-term shareholder value. Under the leadership of H.E. Bin Shafar over the past two decades, Empower has achieved unique and outstanding milestones, significantly shaping the District Cooling industry locally and elevating Dubai’s prominence and leadership globally in this sector.”
Empower said H.E. Al Tayer also highlighted historical milestones in the company’s journey, including its ascent as the world’s largest District Cooling services provider, its strategic acquisitions of cooling portfolios from major urban projects and iconic landmarks across Dubai, such as Palm District Cooling, Nakheel, Meydan, and the operation rights of the District Cooling systems of Dubai International Airport, among others. Empower said that he also emphasised groundbreaking partnerships with international companies, resulting in the execution of the largest deals in the history of the international District Cooling industry. Furthermore, Empower said, the Chairman praised the company’s successful listing on the Dubai Financial Market and its continuous commitment to adopting sustainable and efficient technologies in cooling plants aiming to preserve the environment and reduce energy consumption rates significantly, thereby minimising CO2 emissions.
H.E. Al Tayer further said, “Empower has always made us proud through its continuous success, winning many prestigious local and global awards and its strategic collaborations with research and development institutions, global universities, international associations, and establishments aimed at advancing the District Cooling industry.”
H.E. Bin Shafar said: “My efforts over the past two decades have been founded on collaborative endeavours with all relevant departments, institutions, and sectors involved in District Cooling services, aligning with the vision of the wise leadership. I express my sincere gratitude to the early shareholders of Empower, whose unwavering confidence in the organisation’s potential to achieve global leadership has been instrumental since 2003, when Empower entered the market with just one cooling plant in the Dubai Financial Centre area. True to their expectations, Empower now holds over 80% of the District Cooling market of Dubai, with dozens of modern plants and a vast distribution network supplying hundreds of skyscrapers and mixed-use projects across residential, office, education, health, entertainment, shopping, hospitality, hotel, and other sectors. With our high level of professionalism and substantial production capacity, we are fully equipped to serve the majority of Dubai’s population with the highest international quality standards.”
Empower said that H.E. Bin Shafar thanked Empower’s Chairman, members of the Board of Directors, and all team members for the warm honour, acknowledging that the recognition places additional responsibilities on his shoulders to take Empower towards even greater achievements and successes.
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