NMDC Group, a global leader in engineering, procurement, construction, and marine dredging (ADX: NMDC), has announced its full year financial results for 2024, achieving an exceptional 57% Y-o-Y growth in its revenues to reach AED 26.3 billion, with net profit after tax climbing by 44% Y-o-Y to
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.
Williams Racing and Atlassian are thrilled to announce a long-term title partnership that will usher in a new era for the iconic Formula 1 team as Atlassian Williams Racing. Williams, the joint-second most successful team in F1 history with 114 wins, 9 Constructors’ Championships and 7 Drivers’ Championships is joining forces with Atlassian (NASDAQ: TEAM), […]
Limited, a next-generation fintech startup offering stablecoin-based premium global banking services, today announced it has raised a $3 million pre-seed funding round led by Third Prime, with participation from The House Fund and Arche Capital. The company, founded by Hussein Ahmed, aims to transform how businesses and consumers worldwide interact
Sintavia, LLC, the world’s leading all-digital aerospace component manufacturer, announced today that it has received a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund (the “Fund”). Capital from the investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and provide
MultiBank Group, one of the world’s largest financial derivatives institutions, announces the launch of UAE Contracts for Difference (CFD) shares on its innovative MultiBank-Plus App and MT5 platform. This expansion enables investors to trade Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) shares across all account types, including Standard, Pro, and
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced updates to its enterprise storage portfolio, expanding the NetApp ASA A-Series with new systems designed to accelerate and consolidate block workloads for organizations of any size. Alongside the announcement of new cyber resiliency capabilities, these systems enable customers to create
Bynder, a global leader in AI-powered enterprise DAM, has appointed some of the world’s leading experts to drive product innovation in its AI incubator, Bynder Labs. The company has appointed Machine Learning Engineer Aris Kalgreadis, User Researcher Jules Reijnen, and Data Scientist Ali Gharbali to Bynder Labs, who will collaborate with Bynder’s AI experts,
In a commercialization landmark for the fusion industry, Type One Energy entered into a Cooperative Agreement with the Tennessee Valley Authority (TVA) to jointly develop plans for a potential TVA fusion power plant project in the Tennessee Valley region using Type One Energy stellarator fusion power technology. The 350 MWe fusion pilot power plant, named […]
ClearDox, a leading provider of intelligent workflow applications and insights to the commodities industry, is thrilled to announce being named to the highly esteemed Chartis Energy50 rankings for 2025. ClearDox delivers intelligence for commodity trading operations so they can reduce risk, keep up with demand, reduce costs, and take on new challenges and business
Uniswap Labs, the leader in decentralized finance (DeFi), debuts Unichain to the public, a blockchain designed to take speed, efficiency, and cross-chain liquidity to the next level. Users and developers have processed over 88 million test transactions and 12 million test smart contracts on Unichain’s testnet in just a few months in anticipation of the launch.
Al Forsan International Sports Resort in Abu Dhabi will host the inaugural edition of the Emirates Jumping Cup from February 12 to 15. The event coincides with the first qualifying round for the second edition of the Longines League of Nations™, featuring 228 riders. The opening ceremony will take place at 6:30 PM on the […]
The UAE Jiu-Jitsu National Team began arriving in Bangkok on Monday to participate in the 2nd Ju-Jitsu Asian Youth Championship (U16 and U18) and the 1st Asian Cup (U14), which will be held from February 13 to 15. The team, comprising both male and female athletes, aims to continue its dominance in Asia and build […]
Aster Pharmacy, the retail arm of Aster DM Healthcare, has commenced operations in the Kingdom of Saudi Arabia with 15 stores across Riyadh, including its flagship store at Trio Plaza. The launch of ‘Trio’ marks a significant milestone for Aster Pharmacy, as it introduces a unique drive-through concept to the region, set to emerge as […]
Netcracker Technology announced today that Telecentro Argentina has committed to a multi-year engagement that will give the operator a stable IT platform and support and maintenance services as it plans for additional capabilities and improvements to benefit its business and customers. Telecentro Argentina, which delivers key services including broadband, telephony
Xsolla, a leading global video game commerce company, has partnered with AppsFlyer, the global leader in mobile measurement, attribution, and data analytics, in a first-in-the-gaming industry web shop collaboration. This enhancement of the Xsolla and AppsFlyer partnership provides game developers with improved insights and simplified activation for its Web Shop solution,
Saudi Arabia’s leading digital enabler, stc, is introducing AI-powered agentic solutions to the KSA market through a partnership with Shaffra, a leading deep-tech AI company and a participant in stc InspireU Advanced accelerator program. Through this collaboration, announced at LEAP 2025, local enterprises will be able to reduce operational costs, enhance efficiency,
This February, W Dubai – The Palm sets the stage for an unforgettable month with an exciting array of experiences across its iconic property. From vibrant rooftop celebrations to chic lounge evenings, the excitement never ends at W Dubai – The Palm. W Lounge Kunafa Chocolate Special at W Lounge Indulge in a delicious fusion […]
STARZPLAY, the leading subscription video-on-demand (SVOD) service in the MENA region, has secured exclusive streaming rights for the highly anticipated ICC Champions Trophy 2025, taking place from February 19 to March 9. Returning after an eight-year hiatus, the tournament will feature eight of the world’s top cricketing nations competing for the trophy and iconic white
This Valentine’s Day, whisk your loved one away to a paradise where romance is not just in the air – it is in the gentle lapping of turquoise waves, the golden hues of a Maldivian sunset, and the whispered promises of unforgettable moments. Just a 15-minute boat ride from Velana International Airport, CROSSROADS Maldives awaits […]
Zoom Communications, Inc., an AI-first work platform for human connection, is using Oracle Cloud Infrastructure (OCI) to support its next-generation AI assistant, Zoom AI Companion, in Saudi Arabia. OCI is helping Zoom keep customer data in-region and deliver AI-first solutions. This provides users with AI personal assistants that help prioritize their work and deliver