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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

New Vertiv Software Strengthens Visibility and Control of the Complete Power Train and Thermal Chain for Colocation and Hyperscale Data Centers

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the launch of Vertivâ„¢ Unify, a unified control platform designed to simplify, standardize, and streamline data center operations by integrating visibility, management, and reporting of critical power and thermal infrastructure while providing scalability and
NEWS DESK

The Green Blueprint: How the GCC’s Construction Industry is Shaping a Low-Carbon Future

In the rapidly evolving metropolitan centres of the GCC, the construction industry is undergoing a profound transformation. Towering skyscrapers and large-scale infrastructure projects continue to redefine the region’s landscape, but alongside this rapid expansion comes an urgent need for more sustainable and resilient building practices. Governments across the region are
NEWS DESK

Blue Ocean Global doubles portfolio in Saudi Arabia, tapping into the Kingdom’s US$60 bn online distribution market

Blue Ocean Global, a leading player in the e-commerce distribution business, has doubled its business in 2024, compared to distribution in 2023, reflecting a growing demand for online distribution business in Saudi Arabia – the biggest Arab economy with a gross domestic product exceeding US$1 trillion. With 99 percent internet penetration among the 33.26 million […]
NEWS DESK

Kia Takes Four Victories in 2025 iF Design Awards, Showcasing Design and Innovation Excellence

Kia has achieved four awards at the 2025 iF Design Awards, highlighting its leadership in design and technological innovation across various sectors. Globally renowned for honoring outstanding design excellence, the iF Design Awards have recognized Kia’s cutting-edge vehicle designs and digital advancements, solidifying the brand’s reputation for innovation. Kia’s 2025 iF
NEWS DESK

Kamalaya Unveils Cognitive House A Pioneering Destination for Brain Enhancement and Mental Wellbeing

Kamalaya Wellness Sanctuary, a globally recognised leader in holistic health, has proudly announced the opening of Cognitive House, a revolutionary new space dedicated to brain health, mental clarity and emotional balance. Officially launched on 3 February 2025, this advanced facility brings together state-of-the-art neuroscience and ancient healing wisdom, offering a
NEWS DESK

Rittal, Electrical Enclosure Specialist, Confirms JAGGAER to Streamline Procurement, Increase Transparency, and Enhance Compliance

Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. From sourcing and contract management to order management, supplier relationship and complaint management, JAGGAER’s solutions support Rittal in
NEWS DESK

Hamad International Airport Unveils State-of-the-Art Concourses D and E, Elevating the Travel Experience to New Heights ahead of the Busy Period

Hamad International Airport (DOH), ranked as the World’s Best Airport and Airport Shopping by Skytrax 2024, has officially unveiled its highly anticipated Concourses D and E, marking a major milestone in its expansion and increasing its capacity to over 65 million passengers annually. This development elevates traveller comfort and further establishes Doha as a key […]
NEWS DESK

Fitch upgrades United Arab Bank’s Viability Ratings  to ‘bb-‘ and affirms Long-term Ratings  at ‘BBB+’, outlook Stable

United Arab Bank (UAB) announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable outlook and upgraded its Viability Rating (VR) to ‘bb-‘ from ‘b+’. The upgrade of the VR reflects the bank’s improved asset quality and profitability metrics, which Fitch expects to be sustained in the medium
NEWS DESK

Fujirebio Enhances Supply Chain Operations with Kinaxis

Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced that Fujirebio Inc., a Japanese multinational biotechnology company, is using Kinaxis and its AI-powered supply chain orchestration platform Maestroâ„¢ to enhance and optimize its supply chain operations. Fujirebio Inc., a consolidated subsidiary of Fujirebio Holdings Inc., is
NEWS DESK

PROVEN Solution Signs MoU with University of Tabuk

Proven Solution is a leading technology company specializing in AI, robotics, and digital transformation solutions, along with its robotics division, Proven Robotics, has announced the signing of a Memorandum of Understanding (MoU) with the University of Tabuk in Saudi Arabia. The collaboration aims to enhance students’ learning experience by equipping them with
NEWS DESK

Acquisition to Catalyse Global Expansion of IndusInd Holdings in Banking & Finance Sector

IndusInd International Holdings (IIHL), which has a significant shareholding from the UAE out of the 600 plus globally dispersed Ultra HNWI stakeholders today said it has completed the acquisition of Anil Ambani’s Reliance Capital (RCAP) at US$1.17 billion, strengthening its resolve for global expansion in the Banking, Financial Services and Insurance (BFSI) sector. In a
NEWS DESK

American University in Dubai Partners with the Abdulla Al Ghurair Foundation to Expand Online & Hybrid Learning

The American University in Dubai (AUD) and the Abdulla Al Ghurair Foundation (AGF) have announced a new partnership to enhance online and hybrid learning, strengthening access to quality education for graduate students and professionals. The initiative focuses on upgrading digital learning infrastructure, expanding faculty development, and enhancing staff resources to
NEWS DESK

Hotpack Global Commissions 2.2 MW Rooftop Solar Project at National Industries Park Facility

Hotpack Global, the UAE-based leader in sustainable packaging solutions, has successfully completed the installation of a 2.2 MW rooftop solar power system at its cutting-edge manufacturing facility in National Industries Park (NIP), Dubai. This milestone marks one of the largest solar energy installations in the NIP area, reinforcing Hotpack’s commitment to environmental