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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.

LPG Expo
NEWS DESK

LPG Expo announces innovative ‘Middle East LPG Expo

LPG Expo, a leading exhibition and conference organizer in the Liquefied Petroleum Gas (LPG) industry, has announced the ‘Middle East LPG Expo – Saudi Arabia 2024’, which is scheduled to take place on September 10 & 11, 2024. The event is supported by Saudi Arabia’s Oil Sustainability Program and World Liquid Gas Association, as Strategic […]
NEWS DESK

DCO Calls for Urgent Discussions with Member States

The Digital Cooperation Organization’s (DCO) General Secretariat said in a statement that it will hold urgent discussions with its Member States and digital economy experts to address the implications of the global IT outage that disrupted vital operations around the world, affecting critical business sectors like aviation, banking, broadcast media, software providers, and
NEWS DESK

COOLMAX® EcoMade Fiber Makes Summer Games Debut in Paris

The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and textile industry, has announced that its COOLMAX® EcoMade fiber made from 100% textile waste is a key ingredient in the Brazilian Volleyball team’s indoor and beach jerseys for the 2024 Summer Games in Paris. Body Work, a fitness
NEWS DESK

Nitya Unlocks Value through a $218 Million Refinancing

Nitya Capital, LLC an international real estate investment firm headquartered in Houston, continues to successfully navigate the challenging capital market by closing a refinancing of $218 million, paying off loans across seven assets. This accomplishment further strengthens lenders’ trust and confidence in Nitya’s execution capabilities, both operational and financial.
Arabian Ethicals
NEWS DESK

Arabian Ethicals Expands Operations at Dubai Silicon Oasis

Arabian Ethicals, which serves from within Ghobash Group, a progressive and diversified UAE-based business conglomerate, today announced the expansion of its operations in Dubai Silicon Oasis (DSO), the specialised economic zone for innovation and knowledge and member of the Dubai Integrated Economic Zones Authority (DIEZ). As a leading provider of healthcare solutions and
NEWS DESK

Gulf Oil Middle East Drives Further Expansion in the Region

Gulf Oil Middle East recently held its second Annual Distributor Convention at Jumeirah Mina Al Salam, bringing together distributors and partners across the Middle East and CIS region. This event highlighted Gulf Oil Middle East’s dedication to fostering collaboration and growth with its partners. Building on the success of last year’s inaugural convention, this
Stellantis
NEWS DESK

Stellantis strengthens its grip on the Moroccan market with Sopriam acquisition, a subsidiary of the Al Mada Group

In a strategic move, Stellantis has announced a two-phase acquisition of Sopriam, a subsidiary of the Al Mada group. The initial phase involves immediate majority control, followed by the full acquisition of 100% of shares by early 2025. Stellantis will now directly handle the import and distribution of its Peugeot, Citroën, and DS Automobiles brands […]