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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.

NEWS DESK

Keolis MHI Celebrates Second Consecutive NAFIS Award Win

Keolis MHI Rail Management and Operations LLC, the operator of Dubai Metro and Tram, proudly celebrated with its staff the company’s win in the prestigious Nafis Award for the second consecutive year.  The Nafis Award, presented by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, […]
NEWS DESK

Lineage Announces Closing of Initial Public Offering

Lineage, Inc. (the “Company”) (Nasdaq: LINE) today announced the closing of its underwritten initial public offering of 56,882,051 shares of its common stock at a public offering price of $78.00 per share. The net proceeds from the offering were approximately $4.2 billion, after deducting underwriting discounts and commissions and estimated expenses payable by the Company.
NEWS DESK

Ghitha Delivers Impressive 18% Revenue Growth

Ghitha Holding PJSC (ADX: Ghitha), the Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail, and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has reported a robust AED 2.45 billion in revenue for H1 2024, marking an impressive 18% year-over-year growth. This milestone underscores Ghitha’s
NEWS DESK

MNT-Halan Expands Into Turkey With the 100% Acquisition of Market-leading Finance Company Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book exceeding US $300 million, from Actera Group, the country’s leading private equity firm, and the European Bank for Reconstruction and Development (EBRD). Terms of the transaction were not disclosed. The market