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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

Abhi’s Early Wage Access Product Receives Shariah Approval from Badiha Company’s Shariah Committee

Abhi, the region’s neobank of the future, has announced that its Early Wage Access (EWA) product has received Shariah approval from the Shariah Committee of Badiha Company in KSA, marking an important milestone in Abhi’s commitment to delivering trusted, Shariah-compliant financial solutions in Saudi Arabia. The approval reflects the alignment of Abhi’s Early Wage Access
NEWS DESK

Sheikh Sultan Award for Celebrating the Spirit of Youth Launches Seventh Cycle and Opens Registration Across the UAE

Sheikh Sultan Award for Celebrating the Spirit of Youth, under the umbrella of the Rubu’ Qarn Foundation for Creating Future Leaders and Innovators, has officially launched its seventh cycle, continuing its mission to help youth discover their potential and develop their capabilities through meaningful experiences beyond the academic setting. Registration opened on 1
NEWS DESK

Mashreq makes WPS payroll fully digital in the UAE

Mashreq, a leading financial institution in the MENA region, has launched a fully digital salary payment experience for employers across the UAE through an integration with the Ministry of Human Resources and Emiratisation (MoHRE) enabled via Al Etihad Payments (AEP).   Reaffirming the bank’s commitment to supporting UAE-based businesses, this initiative enables
NEWS DESK

BLOSSOM ACCELARATOR LAUNCHES BLOSSOM CAPITAL INVESTING IN NINE EARLY-STAGE AI COMPANIES THROUGH DOMINAITE

Blossom Accelerator, a Saudi venture capital firm and innovation platform, today announced the launch of Blossom Capital, its official investment arm, alongside its first portfolio of nine early-stage AI companies selected through DominAIte, Blossom Accelerator’s AI investment and commercialization platform  supported by the National Technology Development Program (NTDP).
NEWS DESK

Magna AI and VAST Data Establish Collaboration to Advance Sovereign AI Factories in Saudi Arabia

Magna AI, Inc., the global integrated-value-chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by NVIDIA, and VAST Data, the AI Operating System company, today announced a strategic collaboration framework to jointly pursue sovereign AI infrastructure opportunities
NEWS DESK

NTT DATA AI Factory Lab to launch in Riyadh and Accelerate Enterprise AI Adoption across Middle East and Africa

NTT DATA, a global leader in AI, digital business and technology services, today announced its intention to launch the NTT DATA AI Factory Lab in Riyadh, Saudi Arabia. Designed to help organizations accelerate AI adoption, the lab will bring together NTT DATA’s full stack AI solutions and services expertise and technologies from leading ecosystem partners, […]
NEWS DESK

International SOS Helps Organisations Navigate Middle East Disruptions with Support for 1,500+ Clients and Over 1,400 Evacuations

International SOS, the world’s leading health and security risk services company, has successfully supported more than 1,500 clients across the Middle East during the recent period of heightened geopolitical tensions. Through a coordinated, multi-disciplinary response, the organisation managed over 5,200 cases, delivered nearly 1,400 evacuations, and issued more than 680