NEWS DESK

NVIDIA RTX 5090 and 5080 Out Now and NVIDIA App Updates Released

PR News Desk 31/01/2025

NVIDIA is advancing DLSS once again with the release of DLSS 4, featuring DLSS Multi Frame Generation for GeForce RTX 50 Series graphics cards and laptops. With the GeForce RTX 5090 and GeForce RTX 5080 out now, NVIDIA is also releasing a new GeForce Game Ready Driver and NVIDIA Studio driver,

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SunMoney Solar Group Wins Prestigious MESIA Solar Award

PR News Desk 31/01/2025

SunMoney Solar Group, a pioneer in renewable energy and sustainable innovation, is proud to announce its recognition at the 2025 Middle East Solar Industry Association (MESIA) Solar Awards. The group was honoured in the Best MENA-Based Overseas Performer category, a prestigious accolade that highlights its outstanding contributions to advancing renewable energy initiatives

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Statement by H.E. Ahmad Saeed bin Meshar Al Muhairi, SLC Secretary General

PR News Desk 31/01/2025

“The appointment of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum as Crown Prince of Dubai and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum as Deputy Ruler of Dubai marks a defining moment in Dubai’s modern development journey. This transition has ushered in a significant evolution in the Emirate’s governance […]

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Svante Selected for US DOE Funding to Advance Carbon Capture in the Pulp & Paper Industry

PR News Desk 31/01/2025

Svante Technologies Inc. (Svante), a leader in next-generation carbon capture and removal technology, today announced that it is developing a first-of-a-kind carbon capture and storage project at the Ashdown Pulp Mill facility in Arkansas. This project is a critical step toward deploying Svante’s next-generation carbon capture technology for the pulp and paper industry,

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Chemelex Embarks on New Chapter as Independent Company, Appoints David Prystash as CEO

PR News Desk 31/01/2025

Chemelex, a global leader in electric thermal and sensing solutions, today announces two significant milestones in its history: the completion of its separation from nVent and the appointment of David Prystash as Chief Executive Officer. Following the acquisition by Brookfield Asset Management’s private equity business, Chemelex is now operating as an independent entity,

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Dubai National Insurance (DNI) Enhances Presence with New Branch in Abu Dhabi

PR News Desk 31/01/2025

Dubai National Insurance (DNI), one of the leading insurance companies in the UAE, is delighted to announce the opening of its new Abu Dhabi Branch at United Square Mall, one of the most prestigious developments in the vibrant Khalidiya area of Abu Dhabi. This opening underscores DNI’s commitment to enhancing customer experiences through strategic investments […]

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Boyden Middle East celebrates 25 years of leadership excellence in the Middle East region

PR News Desk 31/01/2025

Boyden Middle East, a premier global leadership and talent advisory firm, marks its 25th anniversary of regional excellence with a milestone celebration held in Saudi Arabia, underscoring its continuous commitment to the region. The event, coinciding with the visit of global President & CEO Chad Hesters, brought together clients and senior executives from diverse

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M42’s Healthpoint is the official medical partner for Mubadala Abu Dhabi Open 2025

PR News Desk 31/01/2025

For the second consecutive year, Healthpoint, part of the M42 group and recognized as a center of excellence in sports medicine and orthopedic care, is the official medical partner of the upcoming Mubadala Abu Dhabi Open presented by the Abu Dhabi Sports Council. With years of dedication to advancing sports medicine and enhancing athletes’ well-being, […]

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‘Year of Community’: How UAE Jiu-Jitsu Federation Plays a Pioneering Role in Promoting Community Values

PR News Desk 31/01/2025

In line with the UAE leadership’s declaration of 2025 as the Year of the Community, the UAE Jiu-Jitsu Federation (UAEJJF) has reaffirmed its role in fostering social cohesion and strengthening community values through a range of initiatives and programmes. The Federation remains committed to organising championships throughout the year, engaging various segments of society

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Cedar Money Raises $9.9 Million Seed Round Led by QED Investors

Middle East News 247 31/01/2025

Cedar Money, a payments company that enables seamless cross-border money movement on stablecoins, announced today a $9.9 million seed round led by QED Investors, with participation from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The funding will enable Cedar Money to accelerate its mission of transforming international money flows using cutting-edge

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NMDC Energy delivers impressive 2024 financial results, capping off historic year

PR News Desk 30/01/2025

NMDC Energy PJSC (ADX: NMDCENR), a majority-owned subsidiary of NMDC Group (ADX: NMDC), has reported exceptional financial results in its 2024 full year earnings announcement, concluding a historic year marked by strategic international expansion, a healthy project pipeline, and the successful completion of its Initial Public Offering (IPO). NMDC Energy achieved 80%

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Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia

PR News Desk 30/01/2025

Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy. The facility is expected to contribute to […]

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Paulina Porizkova Returns to Estée Lauder as Global Brand Ambassador

PR News Desk 30/01/2025

Estée Lauder today announces that actor, writer, model and anti-ageism activist Paulina Porizkova, will return to the brand as its newest Global Brand Ambassador. Porizkova famously served as a spokesmodel for Estée Lauder from 1988 – 1995, appearing in some of the brand’s most celebrated campaigns and solidifying her legacy as a beauty industry icon. […]

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Supreme Court Sanctions Agreement for FTX DM Joint Official Liquidators

PR News Desk 30/01/2025

The Supreme Court of The Bahamas today approved an agreement for the Joint Official Liquidators (JOLs) of FTX Digital Markets Ltd. (FTX DM) to subordinate the Securities Commission of The Bahamas’ (the Commission) $221.55 million regulatory claim against FTX DM. The Court-approved “Claim Subordination Agreement” between the JOLs and the Commission enables the

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Vasion Appoints Transformational Leader Bob Pritchard as Chief Revenue Officer

PR News Desk 30/01/2025

Vasion, Inc., a pioneer in serverless printing and orchestrated automation, today announced the appointment of Bob Pritchard as Chief Revenue Officer & President Global Sales, effective immediately. Pritchard brings a wealth of strategic experience to Vasion with a distinguished career in technology spanning over three decades, including award-winning success driving

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NetApp Science-Based Sustainability Goals Validated by SBTi

PR News Desk 30/01/2025

NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today announced that it has approved new near-term science-based emissions reduction targets verified by the Science-Based Targets initiative (SBTi). These targets demonstrate NetApp’s unwavering commitment to making sustainability a crucial component of our business resilience strategy and leading the

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Ferrer is Recognized for Its Best-in-class Ethics and Compliance Program

PR News Desk 30/01/2025

Ferrer has achieved Compliance Leader Verification™, the prestigious recognition granted by Ethisphere, which distinguishes the pharmaceutical company as a global leader in upholding ethical and responsible corporate practices in its business operations. Ethisphere is a leading organization dedicated to advancing ethical business practices, and its recognition acknowledges

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Hera Health Solutions wins Arab Health’s Innov8 competition

PR News Desk 30/01/2025

Hera Health Solutions has won this year’s Arab Health Innov8 competition and, with it, a cash prize of US$10,000, following an intensive week-long judging process that saw a total of 24 companies representing countries, including the UAE, UK, US, Japan, South Korea, Sweden and Switzerland, pitch over the opening three days, with the final pitches […]

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ANAX Developments  breaks ground on Evora Residences in Al Furjan

PR News Desk 30/01/2025

ANAX Developments, a subsidiary of ANAX Holding, has broken ground to commemorate the construction of Evora Residences, within two months of unveiling the residential property.  With 80% of the property now sold out within 60 days of its launch, the developer is marking the milestone with a ground breaking ceremony. ANAX Developments has also signed […]

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Global Edge launches three healthcare brands in Middle East and showcases their product lines

PR News Desk 30/01/2025

GE Services & Trading (Global Edge) a leading company serving as a gateway for businesses to expand to the GCC and MENA region, unveiled three innovative international healthcare brands – SRW®, eimele™ and Theronomic™ – at the Arab Health 2025 to cater to the growing demands for natural and effective healthcare solutions in the UAE […]