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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

Digital Cooperation Organization at Summit of the Future

The Digital Cooperation Organization (DCO) has concluded its participation at the UN Summit of the Future ahead of the UN General Assembly High-Level Week on September 22-23, 2024. The DCO’s activities emphasized multi-stakeholder digital cooperation to drive prosperity, in line with the Organization’s commitment to enable prosperity for all by accelerating the
NEWS DESK

Abu Dhabi Unveils SteerAI, New Tech Venture Set to Transform Industrial Vehicles into Autonomous Powerhouses

The Advanced Technology Research Council’s (ATRC) commercialization arm, VentureOne, has launched SteerAI, which offers an advanced mobility system powered by AI that can transform standard industrial vehicles into autonomous powerhouses. Catering to both the logistics and defense sectors to begin, SteerAI uses a hardware kit, software stack, and fleet management system to
NEWS DESK

Blackmoor Investment Partners Strengthens Its PE Capabilities

Blackmoor Investment Partners (“Blackmoor”), a long-term equity investor and active owner of high quality European public companies with significant improvement potential, has attracted investment from and appointed Alex Savin as Senior Partner. Blackmoor was founded by Douglas Smith and Guido Schmidt-Chiari in 2017 to deliver superior returns to its investors by deploying
NEWS DESK

Copeland Appoints New Leader for Asia-Pacific Business Group

Copeland, a global provider of sustainable climate solutions, announced that Michael Toh has joined the company as president of its Asia-Pacific regional business unit. Copeland is a standalone portfolio company of Blackstone, the world’s largest alternative asset manager, within its Capital Partners Fund XIII.  “Michael’s deep knowledge of the HVAC industry combined
NEWS DESK

On the sidelines of Gateway Gulf 2024

Singapore Gulf Bank (SGB), the digital bank backed by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, and privately-held investment group Whampoa Group, today announced, on the sidelines of Gateway Gulf 2024, the launch of its corporate banking services. Operating under full regulatory approval from the Central Bank of Bahrain, SGB will offer […]
NEWS DESK

SLC inaugurates the 6th edition of ‘Legislative Week’

Today, Monday, 4 November 2024, the General Secretariat of the Supreme Legislation Committee in the Emirate of Dubai (SLC) inaugurated the sixth edition of the “Legislative Week”, themed “Dubai: A Legislative Ecosystem Nurturing Artificial Intelligence,” at the Mohammed bin Rashid Al Maktoum Library in Dubai. Legislative Week 2024 underscores the critical role of clear and