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RAK Properties has launched the NB Collection, a series of high-end beachfront villas on Hayat Island, Mina Al Arab, Ras Al Khaimah. These villas are located near Angel Bay and the Nikki Beach Resort and Spa, offering direct access to beaches, marinas, and hotels. The collection consists of 11 contemporary villas designed with spacious living areas, open-plan layouts, and panoramic views of the Arabian Gulf. Each villa spans three levels and includes a private swimming pool, balconies, and a rooftop sun terrace with provisions for an additional plunge pool.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, held a Board of Directors meeting on 27 June 2024 at 12:30 pm. The meeting agenda included discussing the company's performance and considering other business matters. The notification was addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange. The letter was signed by Saqib Muhammad Sabir Awan, the Secretary of the Board, with a copy sent to the Securities and Commodities Authority.

National Bank of Fujairah PJSC (NBF) held its General Assembly Meeting at Novotel Hotel in Fujairah, UAE, where shareholders ratified the appointment of Mr. Easa Farid Al Gurg to the Board of Directors and confirmed the appointment and remuneration for Mr. Moosa Tariq Al Khoory as a member of the bank’s Internal Shari’a Supervision Committee for a three-year term. Additionally, shareholders approved the issuance of up to USD 275 million (AED 1.01 billion) in Additional Tier 1 capital securities to support the bank’s capital adequacy ratio. These securities will be privately placed with the Government of Fujairah and converted into ordinary shares within two years, subject to regulatory approvals. Dr. Raja Easa Al Gurg, Deputy Chairperson, emphasized the importance of ongoing investment in governance and capital strength to support future growth.

Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, won four awards at the International District Energy Association Annual Conference and Exhibition (IDEA2024) in Orlando, USA. The awards included two Innovation Award Honorable Mentions for Integrated Metering Solutions and Chiller Efficiency Improvement at Business Bay 02, and two IDEA Gold awards for the number of buildings committed and the total building area committed. The conference, themed "District energy for Sustainable Cities," featured delegations from over 30 countries. Empower's CEO, Ahmad bin Shafar, highlighted Dubai's early investment in district cooling and its global recognition for addressing climate change challenges. Empower has previously won the same gold awards multiple times and has accumulated over 20 various awards in different categories at international events. Bin Shafar emphasized Empower's role in advancing the district cooling industry globally, focusing on energy and cost savings, resource protection, and the adoption of technologies from the fourth Industrial Revolution.