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Emirates Central Cooling Systems Corporation PJSC (EMPOWER) reported AED 1,352 million in revenue for the first half of 2024, a 10.3% increase compared to H1 2023. The company's EBITDA for the same period was AED 693 million, reflecting a 6.0% growth. Profit before tax reached AED 428 million, up 6.3% from the previous year, with a net profit after tax of AED 390 million for the six months ending June 30, 2024. CEO Ahmad Bin Shafar attributed the robust financial performance to the rising adoption of environmentally friendly cooling systems by real estate developers and building owners. Additionally, increasing occupancy rates in Dubai's real estate projects and the expansion of Empower’s portfolio with new projects have driven demand for the company's services. Empower’s diverse customer base spans residential, commercial, healthcare, hospitality, retail, education, entertainment, and other sectors.

Air Arabia has announced that a board of directors meeting will be held on Monday, August 12, 2024, at 3:00 PM. The meeting will focus on discussing the financial results for the second quarter of 2024.

Agthia Group PJSC reported a 14.7% year-on-year (YoY) increase in net revenue, reaching AED 2.5 billion, and a 31.8% YoY rise in group net profit for the first half of 2024. The company achieved strong revenue growth across all segments and significant profitability expansion, maintaining its full-year guidance. Key financial highlights include a 19.9% YoY increase in Group EBITDA and a 25% increase in interim cash dividends to 10.31 fils per share, pending AGM approval. Segment-specific performance included notable growth in snacking, protein and frozen foods, water and food, and agri-business, with significant contributions from innovation and market expansion despite the impact of currency devaluation in Egypt.