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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

AB InBev Reports Third Quarter 2025 Results Consistent execution of our strategy delivered an EBITDA increase of 3.3% with margin expansion and low-single digit Underlying EPS growth

BRUSSELS Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH) (NYSE:BUD): Regulated and inside information1 “Driven by the momentum of our megabrands and our innovation in balanced choices and Beyond Beer, our business delivered continued top- and bottom-line growth, even as we navigated a dynamic consumer environment. Given the progress we have made on our deleveraging
NEWS DESK

LG, SK Enmove and GRC Sign MOU to Advance Liquid Immersion Cooling Solutions for AI Data Centers

Partnership Strengthens LG’s Global Data Center Solution Portfolio, Leveraging Joint Expertise to Meet Increasing AI Power and Sustainability Demands Dubai, United Arab Emirates, October 30, 2025 — LG Electronics (LG) today announced the signing of a memorandum of understanding (MOU) with SK Enmove (SKEN) and Green Revolution Cooling (GRC) to jointly develop and expand
NEWS DESK

Legora Raises $150 Million Series C to Accelerate Global Rollout of Its AI Platform for Legal Professionals

NEW YORK  Legora, the collaborative AI platform for lawyers, today announced the completion of a Series C round of $150 million at a $1.8 billion valuation, led by Bessemer Venture Partners, with significant investment from existing investors ICONIQ, General Catalyst, Redpoint Ventures, Benchmark, and Y Combinator, to accelerate its global expansion and growing product
NEWS DESK

IFF Honors Distinguished Academics Shaping the Future of Nutrition, Health and Biosciences

IFF Science Awards honor Dr. Carles Lerín and Prof. Jan Maarten van Dijl for contributions to nutrition, microbiome science and antimicrobial research NEW YORK IFF (NYSE: IFF) — a global leader in flavors, fragrances, food ingredients, health and biosciences — announced the recipients of its IFF Science Awards, recognizing Dr. Carles Lerín of Institut de Recerca Sant Joan
NEWS DESK

2025 Ecolab Watermarkâ„¢ Study Reveals Hidden Impact of Artificial Intelligence

New findings connect rapid AI growth to new business opportunities and global water security PAUL, Minn. Ecolab, a global sustainability leader offering water solutions and services, today announced findings from its third annual Ecolab Watermark™ Study, which reports on water stewardship around the world. This year’s research highlights water’s connection to timely global
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

LTIMindtree Launches BlueVerseâ„¢ with OGI, Benchmark for Autonomous ITSM Solutions

MUMBAI, India & WARREN, N.J. LTIMindtree [NSE: LTIM, BSE: 540005], a leading global technology consulting and digital solutions provider, today announced the launch of BlueVerse™ with OGI (Organizational General Intelligence), a next-generation agentic IT Service Management (ITSM) platform engineered to manage operational challenges faced by contemporary enterprises
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 OneSubseaâ„¢ 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

Fortanix Brings Secure and Trusted Agentic AI to Cutting-Edge NVIDIA Confidential Computing GPUs

New Turnkey Platform Enables Enterprises to Run AI On Sensitive Data with Verifiable Trust and Compliance SANTA CLARA, Calif. Fortanix® Inc., a global leader in data security for an AI world, today announced a joint solution with NVIDIA, to deliver a turnkey, on-premises platform for running secure and sovereign, agentic AI in AI Factories and highly regulated
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 […]