Latest news with #Dh29
Al Etihad
14-07-2025
- Business
- Al Etihad
Mubadala, global partners to acquire energy efficiency leader Techem for Dh29 billion
14 July 2025 19:22 ABU DHABI (ALETIHAD)Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has joined forces with global investment firms Partners Group, GIC, and TPG Rise Climate to acquire Techem, a Germany-headquartered provider of digitally enabled energy efficiency solutions for the real estate sector, in a deal valued at approximately Dh29 billion (6.7 billion euros).The transaction is expected to close in the second half of 2025, subject to customary closing conditions and regulatory in 1952, Techem services over 13 million dwellings across 18 countries, with a customer base of more than 440,000. The company specialises in low-investment, non-invasive methods to improve energy efficiency, reduce consumption, lower costs, and cut CO2 emissions—contributing significantly to the long-term decarbonisation of the real estate sector, which currently accounts for around 40% of global CO2 currently has about 62 million devices installed worldwide, enabling digital sub-metering, monitoring, and smart building services that help landlords and property owners manage energy use more Mohamed Shadid, Head of Energy and Sustainability at Mubadala's Private Equity Platform, emphasised the strategic alignment of the deal with the company's long-term vision.'The decarbonisation of the real estate sector continues to be a global priority for better and more sustainable living. As a trusted and leading sub-metering services provider with a digital edge, Techem is well positioned to continue leading this transition, improving the energy management of buildings through better efficiency and consumption,' said Shadid. 'We are delighted to be investing alongside Partners Group, GIC, and TPG Rise Climate and to be supporting Techem as it continues to expand and strengthen its value proposition. This transaction aligns with Mubadala's long-term commitment to deploying capital purposefully and helping to find solutions to global challenges.'
Khaleej Times
07-02-2025
- Entertainment
- Khaleej Times
Dubai: Will you pay Dh250,000 for a Valentine's Day date?
They say love is priceless, but a hotel in Dubai is 'rewriting the rules of romance with the grandest, most jaw-dropping love spectacle' this Valentine's Day. For Dh250,000, one couple will be treated to a two-night stay at a prime hotel filled with unparalleled luxury. The package includes a private in-suite dining experience with bespoke menu, a private beach cabana with a personal butler, and an intimate private yacht dinner under the stars, accompanied by a live harp performance. To complete the indulgent offering, the couple can unwind in a candle-lit, rose petal-infused bath designed just for them. But the romance doesn't stop there. Their Valentine's journey begins in style as they arrive in a Rolls-Royce, where they will be greeted by a towering teddy bear made from more than 2,000 flowers. Stay up to date with the latest news. Follow KT on WhatsApp Channels. For a breathtaking perspective of Dubai, they can also take a private helicopter ride for a romantic aerial view of the city. To top it all, they can have a one-of-a-kind keepsake: The handcrafted floral teddy bear created by Floward, which the hotel dubbed as 'the largest and most luxurious symbol of love ever created." Rixos Premium Dubai, the hotel behind this lavish offering, emphasises the exclusivity of the Dh250,000 package, stating that it is available to only one couple. 'With exclusivity at its core, this once-in-a-lifetime experience is available to only one couple—because true romance is rare, and so is an opportunity like this,' the hotel said on Friday, adding the 'Valentine's package is complete with everything you could need for a stay filled with indulgence.' Rixos Premium Dubai said the special Valentine's package is available for booking between February 12 and 16. 10-bedroom villa with garden While this might seem like an unmatched display of romance, Dubai is no stranger to extravagant Valentine's Day experiences. Last year, Banyan Tree Dubai offered a villa romance package priced at Dh250,000 per couple per night with inclusions such as intimate dinner aboard a private yacht, personalised spa sessions, and round-the-clock concierge services. The offer was for a 10-bedroom villa with garden, temperature-controlled infinity pool, and private beach access. It also came with an oceanside dining under the stars experience, plus the usual pick-up and drop-off services. A quick check by Khaleej Times with the hotel on Friday revealed it was not put on offer this year. Dinner for Dh29,500 For couples seeking a unique dining experience this Valentine's day, here's something that will actually bring you under the sea: A dinner at an iconic underwater restaurant. Priced at Dh29,500 per couple, Ossiano at Atlantis, The Palm is offering an exclusive diner with a set menu, free flow of Louis Roederer, an aquarium table, luxury brand gift, a large flower bouquet. The highlight? A diver will swim into the aquarium to deliver a personalised message to your loved one. For those looking for a more affordable version of this experience, Ossiano also offers three additional packages priced at Dh18,500, Dh9,500 and Dh5,500 for platinum, gold and silver respectively. While these packages exclude the underwater message delivery, they still promise a romantic, high-end dining experience.
