الرئيس التنفيذي لـ Empower الإماراتية لـ CNBC عربية: محفظة القروض الحالية تبلغ نحو 4.5 مليار درهم

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Watch الرئيس التنفيذي لـ Empower الإماراتية لـ CNBC عربية: محفظة القروض الحالية تبلغ نحو 4.5 مليار درهم - CNBCArabia on Dailymotion

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00:00 We announced in Witex that the newest plant in the Jumeirah Beach Health project,

00:07 which is 48,000 tonnes, is under construction.

00:11 It is the most efficient plant, with efficiency reduction up to 0.80.

00:19 This is not found in the UAE or the Middle East, thank God.

00:23 A plant of this size and efficiency is the strongest now.

00:29 What is the total cost of this plant, the investment and the time it takes to finish?

00:35 The cost is around 250 million dirhams.

00:43 The time period is around the third quarter of next year.

00:50 We saw the company's results in the last nine months.

00:55 The company's revenue is clearly higher, but the profits are lower.

00:59 The most stressful year was the financing cost, which was 260%.

01:04 Why was this stressful?

01:06 Because of the change in the lending cost.

01:10 As you know, the Fed rates in the US have risen to 5.25%.

01:19 This has affected the company's loans.

01:27 This has affected us, but a 9% increase is a big and beautiful thing.

01:32 And an increase in profits is 7.2% in the third quarter.

01:35 This is excellent, which means that the final income will be a bigger number.

01:39 How much is the total amount of the loans?

01:43 Are there any funds that we can provide in the coming period to cover the company's expansion?

01:48 Empower currently has 4.5 billion dirhams.

01:52 We still have an appetite for EBITDA, which is the Earning Before Tax and Depreciation.

01:58 We can increase this a lot.

02:02 We will continue with the company's expansion and the possibility of a recovery in the coming period.

02:07 But the idea of issuing green bonds, green bonds, since we are in a recovery period,

02:13 there are many companies that rely on these funds.

02:18 The company is also trying to implement environmental standards.

02:20 Of course, we always look for all solutions.

02:23 We look at the first level, which is the amount of savings for the consumer or the investor.

02:30 And if we can reduce the cost of Empower itself.

02:33 Of course, I welcome all solutions.

02:35 I don't have a specific solution.

02:37 I can go in any direction to save.

02:39 If we want additional funding, will it be 24 or 25 million during the current year?

02:45 In what period can we get a loan again?

02:48 I think we need a company with a strong financial pool, thank God.

02:52 We distributed the profits in the first year, 850 million.

02:56 In the second year, we are committed to distributing 850 million of our profits.

03:00 So there is no need for a loan.

03:02 How much is the cooling energy now?

03:05 And how much is the market share in Dubai?

03:08 Empower currently owns 82% of the market share in the Dubai market.

03:15 We currently have 1,520,000 tons.

03:19 Which means that the Dubai market is close to 1.8 or 1.7 million.

03:24 Mr. Ahmed, how much is the value of the contract now?

03:27 And can we see a new project on the Dubai airport's roof at the current time?

03:31 Even if there is, I can't tell you.

03:33 We always look for solutions.

03:35 We always have meetings and preparations.

03:38 I can't tell you anything except when the announcement is close.

03:42 But yes, make sure that we can't stop the growth.

03:47 Growth is a story of life.

03:49 We have the sun every day.

03:51 And we believe that every day there is a change and the next day will be better.

03:54 We create jobs for people, we create opportunities, we create another life, God willing.

04:01 When the company was launched in the Dubai market, you talked about expansion in other markets.

04:06 Are the expansion plans available at the moment?

04:10 Yes, we started in the neighboring countries, in the Kingdom of Saudi Arabia and Qatar.

04:17 We are in talks, but we haven't finished our studies yet.

04:25 And nothing has been decided yet.

04:27 about.

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