One year following the announcement of the winners of the inaugural Unlock Her Future Prize, The Bicester Collection hosted a celebration in Dubai on Tuesday 30th April 2024 to honour the achievements of the four women founders who received the 2023 Prize. The
NEWS DESK
Get the latest press releases on menew247.com. Direct from the source, we bring you official announcements, statements, and news from key industries and government entities across the Middle East. Stay informed with real-time updates on launches, events, and strategic initiatives.
Palette Resorts launches state of the art luxury residential cum retail tower in Tourist Club area, which is also known as Al Zahiyah in Abu Dhabi, with 100 thoughtfully designed one- bedroom units. It plans to add 1000 apartments in Abu Dhabi in 2024 to meet the growing demand of long terms rental accommodation by […]
Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”), a leader in sustainable, grid-scale energy storage solutions, today announced the successful testing and commissioning of the Rudong EVxâ„¢ gravity energy storage system (GESS) by China Tianying Co., Ltd (CNTY). Testing included the successful charging and discharging of units of the 25 MW/100 MWh GESS
Blackstone (NYSE:BX) today announced the appointment of Philip Sherrill as Global Head of Insurance. In his new role, Mr. Sherrill will focus on growing the firm’s insurance platform globally, working closely with Gilles Dellaert, Global Head of Blackstone Credit & Insurance. Blackstone’s insurance platform has tripled in size since 2020, recently surpassing $200
ManageEngine, a division of Zoho Corp. and a leading provider of enterprise IT management solutions, today announced the integration of its SIEM solution, Log360, with Constella Intelligence, a digital risk protection platform, in a move that equips organizations with a critical first line of defense against supply chain attacks. Gartner projects that 45% of organizations
MultiBank Group, a premier forex broker, has proudly received the prestigious accolade of “Best Gold Broker 2024” from FX Empire, a globally acclaimed financial news portal known for its accurate forecasts, comprehensive market insights, detailed broker evaluations, and up-to-the-minute news coverage. Established in 2005 in California, USA, MultiBank Group has
The UAE Council for Climate Action assessed the national efforts to elevate climate ambition in preparation for the upcoming COP29 taking place in the Republic of Azerbaijan later this year. Discussions also centred on strategies to strengthen the country’s climate action both locally and globally. Additionally, the Council addressed progress in implementing national
Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, inaugurated Arabian Travel Market (ATM) 2024, the leading global travel and tourism event being held at the Dubai World Trade Centre (DWTC) from 6-9 May, The record-breaking edition […]
Bank of Sharjah is pleased to announce that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’with a stable outlook and upgraded its Viability Rating (VR) to ‘b-‘ from’ccc+’. The VR upgrade reflects the bank’s improved consolidated capitalisation following the reclassification of Emirates Lebanon Bank (ELB), its 100%
International Holding Company (ADX:IHC), the global diversified Abu Dhabi-based conglomerate, announces a 87.6% growth for the first quarter of 2024 with AED 8.0 billion in Net Profit (vs. AED 4.3 billion in Q1 2023), showcasing significant growth and a steadfast commitment to enhancing shareholder value. This growth was propelled by strong performances across IHC’s core
Indonesia aims to reaffirm its position as a top global travel destination at the Arabian Travel Market 2024, with a special focus on engaging the Middle East region. Led by Sandiaga Salahuddin Uno, Minister of Tourism and Creative Economy/Head of the Tourism and Creative Economy Agency, the Indonesian delegation aims to strengthen bilateral relations while […]
SAL, Saudi Arabia’s leading logistics and supply chain solutions provider, is proud to announce the launch of its Fulfillment Business Unit, a one-stop-shop solution aimed at revolutionizing the logistics and supply chain industry in the Kingdom. SAL’s Fulfillment Services represent a comprehensive commitment to meet the growing requirements and accelerated
ATMECS Global, renowned for its prowess in digital transformation and engineering solutions, proudly announces that it has joined the NVIDIA Partner Network as a Solution Advisor Consultant. The milestone marks a pivotal step in ATMECS’s journey to redefine the AI and ML landscape, amplifying its commitment to innovation and excellence in delivering next-generation AI
Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces the signing of a five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) set to revolutionize the deployment of telecom workloads running on the AWS. The strategic collaboration sees the companies jointly architect Mavenir’s technology to
Qatar Airways, an unprecedented seven-time winner of the ‘World’s Best Airline’ award, has captured the spotlight on the opening day of the Arabian Travel Market (ATM) 2024, with a stunning holographic display of Sama, the airline’s second-generation AI-powered digital human cabin crew. This innovative display, along with a cutting-edge stand featuring multi-sensory-rich
Travel & tourism experts from across the industry convened at the Arabian Travel Market (ATM) 2024 Future Stage this morning to discuss the complexities of navigating the transformation of hospitality. Slow travel, a movement that encompasses sustainable travel, mindful travel, and low-impact travel, sustainable practices and the use of AI and data to enhance the […]
The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) successfully concluded its participation in the 33rd edition of the Abu Dhabi International Book Fair (ADIBF), marking another milestone in its commitment to advancing knowledge and fostering intellectual dialogue. At the event, the MBRF’s pavilion welcomed Her Highness Sheikha Latifa bint Mohammed bin Rashid
Competition & Disruption Set to Intensify as Middle East Aviation Enters Next Wave of Transformation
The next wave of rapid transformation may see some aviation markets triple in size in the next decade according to data from OAG in its latest industry report ‘Middle East Aviation: Transformation, Growth and Future Challenges’ but there are still new challenges ahead. The report has been released to coincide with this week’s Arabian Travel Market
Bridgestone MEA, a global leader in tyres and sustainable mobility solutions, participated in the Mobility Live ME 2024 showcasing its cutting-edge fleet solutions and sustainable practices. The event, which was held recently at the Abu Dhabi National Exhibition Centre (ADNEC), focused on smart, sustainable transport and electric vehicles, attracting industry leaders to
GE Vernova’s Gas Power business (NYSE: GEV) held the annual regional ‘Power Supplier Partnership Summit’ in Dubai, UAE, convening over 200 representatives from up to 135 organizations in person and virtually from across Europe, Middle East, Africa, and beyond. The event featured insightful presentations and case studies, interactive discussions, and one-on-one





























