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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

Codethink Achieves Positive Functional Safety Assessment to IEC 61508 and ISO 26262 Standards for the Eclipse Trustable Software Framework

MANCHESTER, England Codethink announced that it has successfully achieved a positive and complete Functional Safety Assessment for the Eclipse Trustable Software Framework (TSF). Performed by exida, a globally recognised authority in functional safety, the assessment was conducted in accordance with IEC 61508 requirements, with domain experts ensuring full alignment and
NEWS DESK

UAE hosts MENA-OECD Business Advisory Board meeting

Abu Dhabi, 30 October 2025:  The Ministry of Economy and Tourism hosted the MENA-OECD Business Advisory Board (BAB) on 29–30 October 2025, under the theme ‘Building Diversified and Connected Economies: Private Sector Strategies,’ in the presence of H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism. The event aimed to promote public-private collaboration, […]
NEWS DESK

Takeda Reports First Half FY2025 Results, with Business Fundamentals Tracking as Planned. Updates Full Year Outlook to Reflect FX Impact and Pipeline Impairment. On Track for Multiple Regulatory Filings This Fiscal Year

First Half Revenue Declined 3.9% at Constant Exchange Rate (CER), -6.9% at Actual Exchange Rates (AER), Impacted by Generic Erosion of VYVANSE® and FX Headwind Core Operating Profit Declined 8.8% at CER in the First Half, Reflecting Revenue Performance and Product Mix; Impact Partially Offset by Operational Efficiencies First Half Reported Operating Profit (-27.7% at AER)
NEWS DESK

SLB OneSubsea Secures EPC Contracts from PTTEP for Two Deepwater Projects Offshore Malaysia

Integrated subsea production systems will help unlock important oil and gas reserves HOUSTON-Global energy technology company SLB (NYSE: SLB) announced today the award of two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) to its OneSubsea™ joint venture. The contracts build on a 20-year
NEWS DESK

GEMS Education announces winners of 2025 GEMS Global Innovation Challenge and Plug and Play Incubator

Eighth edition of GIC sees partnership with Plug and Play Tech Center plus largest-ever participation of 10,000+ students Challenge catalyses student innovation to tackle real-world challenges in line with UN SDGs Most investable, impactful student ideas receive seed funding and mentorship Dubai, UAE – GEMS Education yesterday announced the winners of the 2025 Global
NEWS DESK

Phoenix Group Delivers Strong Q3 Results with Rising Revenue and Ongoing Expansion across Key Markets

Abu Dhabi, United Arab Emirates, October 29, 2025: An IHC portfolio company and a global leader in blockchain and digital asset infrastructure, today announced its Q3 2025 results, highlighting revenue growth, improved efficiency, and accelerated progress on its global expansion and AI transition. Q3 2025 Highlights Revenue rose 10% QoQ to $32 million, driven by […]
NEWS DESK

Jahez and noon Announce Landmark Strategic Partnership to Transform Everyday Convenience in Saudi Arabia

This landmark partnership enables direct access to noon Minutes through the Jahez app — and to Jahez food delivery through the noon app The partnership brings together noon’s quick-commerce infrastructure and Jahez’s food delivery network of over 50,000 restaurants to offer greater choice and faster delivery across Saudi Arabia. Riyadh, Saudi Arabia, 30 October 2025: […]
NEWS DESK

ADREC Leads Strategic Partnership to Revolutionize Real Estate with Blockchain Innovation Across Abu Dhabi

Signs MoU with Technology Innovation Institute, VentureOne, Finstreet Limited, ADI DLT Foundation, and Advanced Real Estate Services in a unified effort to deploy innovative blockchain solutions across real estate transactions and services. Abu Dhabi, UAE – The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of the Abu Dhabi’s real estate sector […]
NEWS DESK

The Maritime Standard Awards 2025 winners list showcases high levels of innovation and operational excellence across the maritime sector

October 30, 2025, UAE: The maritime sector’s leading awards event, The Maritime Standard (TMS) Awards 2025, has announced this year’s winners, honouring outstanding companies and industry leaders from across the Middle East and Indian Subcontinent. The Awards showcased achievement and innovation in 25 categories covering shipping, logistics, ship repair, offshore services,
NEWS DESK

Celebrating Destination Excellence: TOURISE Unveils Finalists for the 2025 TOURISE Awards

RIYADH, Saudi Arabia-Anticipation is building as TOURISE today unveils the finalists for the highly anticipated 2025 TOURISE Awards, set to recognize those leading global destinations who are rewriting the very definition of exploration. Twelve destinations have been named as finalists in this year’s TOURISE Awards, setting the pace for the future of tourism. Together they
NEWS DESK

Axelspace Signs MoUs with Two African Organizations to Address Social Challenges through the Utilization of Satellite Data

Collaborating with Partners in Ghana and Kenya to Develop and Implement Tailored Solutions TOKYO-Axelspace Corporation (“Axelspace”), which develops and operates microsatellites and conducts business to promote a society where space is accessible to people around the world, is pleased to announce the memorandum of understandings (MoUs) with two governmental organizations