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Empower's Business Bay 05 district cooling plant in Dubai has received a LEED Gold rating from the United States Green Building Council (USGBC). This recognition highlights the plant's adherence to LEED standards and marks the sixth such award for Empower, following similar accolades for other plants. Empower's CEO, Ahmad Bin Shafar, emphasized the company's commitment to environmental protection, carbon footprint reduction, and sustainable innovation. The Business Bay 05 plant utilizes advanced technologies, including Thermal Energy Storage (TES) and Treated Sewage Effluent (TSE), to enhance energy efficiency and reduce freshwater consumption.

The text discusses the importance of financial and economic education, highlighting the role of various institutions and organizations in promoting financial literacy. It mentions the efforts of specific entities in providing financial education and emphasizes the significance of such education in achieving economic stability and growth. The text also references historical and current initiatives aimed at enhancing financial knowledge among different segments of the population, underscoring the ongoing need for comprehensive financial education programs.

The National Bank of Fujairah (NBF) announced that CEO Vince Cook will step down at the end of September 2024 after leading the bank for over 14 years. Adnan Anwar, currently the Deputy CEO, will assume the role of CEO starting October 1, 2024. Vince Cook is credited with driving the bank's digital transformation, expanding its SME, trade finance, and Islamic finance offerings, and implementing a robust ESG strategy. The Board of Directors expressed their gratitude for his contributions. Adnan Anwar, who has been with NBF for 19 years and served as Deputy CEO since November 2020, will focus on expanding digital services, maintaining a customer-centric approach, and achieving sustainable growth. The Board is confident in Anwar's ability to continue driving the bank's strategic goals and delivering exceptional customer service.

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, is expected to enhance long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This investment is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will be some of the most advanced globally and will operate on existing and new artificial islands at the Zakum field. The award is seen as a significant milestone and a testament to ADNOC Drilling's technical expertise and capabilities.

ADNOC Drilling has been awarded a $733 million contract by ADNOC Offshore for three new island drilling rigs to support operations at the offshore Zakum field. The contract, which exceeds medium-term guidance, enhances long-term cash flow and earnings visibility. ADNOC Drilling is collaborating with Honghua Group to integrate artificial intelligence into rig design, improving safety and efficiency. This purchase is part of ADNOC Drilling's growth strategy, with over $2.2 billion invested since its IPO in building a large integrated drilling fleet. The new rigs will operate on existing and newly constructed artificial islands at the Zakum field, contributing to ADNOC's efforts to meet global energy demands while minimizing emissions.