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News

Stay informed with MENews247‘s News coverage. Your primary source for breaking news, comprehensive analyses, and in-depth reporting from across the Middle East.

From political developments in Riyadh to economic updates in Dubai, cultural events in Beirut, and beyond, get your 24/7 update on the most important stories shaping the region. MENews247.com is your trusted guide to understanding the complexities and dynamism of the Middle East.

Business

WasteFuel Appoints Former Maersk Executive Peter Votkjaer Jorgensen as Chief Financial Officer

LOS ANGELES — WasteFuel, a California-based biofuels company, announced today the appointment of Peter Votkjaer Jorgensen, former Partner in Maersk Growth, the venture arm of the A.P. Moller – Maersk Group, as Chief Financial Officer (CFO) effective October 1, 2023. Peter will be responsible for the financial management of the company, support the company’s
Business GCC NEWS DESK UAE

UAE-based Gingo Partners Announces Successful Fundraising Campaign, Securing $350k to Fuel the Community and Investments

Abu Dhabi, August 11 – Gingo Partners, an Investor Outreach Service and Startup Community, is thrilled to announce the successful completion of its fundraising campaign, securing $350k in capital from a group of business angels.  This investment will allow Gingo Partners to accelerate its vision of bringing inclusivity and diversity in venture capital and capitalize
Business

Hikma and Rakuten Medical sign exclusive licensing agreement for AlluminoxTM platform cancer treatment for the Middle East and North Africa

London, United Kingdom — Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces an exclusive licensing and commercialisation agreement with Rakuten Medical, Inc. (Rakuten Medical), a global biotechnology company developing and commercialising precision, cell targeting therapies based on its proprietary Alluminox™ platform. Under
Tech

Tenable Integrates Generative AI Capabilities Across Cybersecurity Platform With Launch of ExposureAI

Dubai, UAE  (August 10, 2023) — Tenable®, the Exposure Management company, today announced the launch of ExposureAI, new generative AI capabilities and services across the Tenable One Exposure Management Platform. Tenable has also introduced Tenable Exposure Graph, a scalable data lake, Powered by Snowflake, that fuels the ExposureAI engine. This unified data platform
Business

Bain & Company study shows 85% of business leaders view social issues as “urgent” concerns for their companies

Dubai, United Arab Emirates—August 10th, 2023—Expectations about the role of business in society are changing dramatically. The impact of business on the environment is of vital importance to many corporate constituencies. Today, however, many more purely social concerns are coming strongly to the fore and CEOs are paying close attention. A Bain & Company survey […]
Business Tech

Axis Communications and AlJammaz Technologies announce partnership to enhance security solutions in the Kingdom of Saudi Arabia

Dubai, United Arab Emirates, August 2023 – Axis Communications, the global leader in network cameras, access control, and network audio devices for the physical security and video surveillance industries, announced the onboarding of AlJammaz Technologies as its newest distribution partner in the Kingdom of Saudi Arabia (KSA). The strategic decision to partner with AlJammaz
Business

CHAMPIONING SUSTAINABLE LIVING WITH LG THINQ

Dubai, United Arab Emirates — In a world where environmental challenges are ever-increasing, LG Electronics (LG), a global pioneer in technology and sustainability, continues to pave the way for a more sustainable future with its groundbreaking ThinQ technology. With an unwavering commitment to developing solutions that not only enhance lives but also preserve our planet,
Health Lifestyle

RAK Hospital Launches RAK Diabetes Challenge 2023: A 3-Month Health Transformation Journey with AED 20,000 in Cash Prizes

Ras Al Khaimah, UAE; 10th August 2023: Following the resounding success of last year’s RAK Diabetes Challenge, which demonstrated the potential of lifestyle modifications in remitting diabetes; RAK Hospital is delighted to introduce the highly anticipated RAK Diabetes Challenge 2023. Through this transformative 3-month-long community initiative launched in
Business

2023 Korean Literature Review Contest: Opportunity to Visit Korea and Experience Its Culture for Nine Days!

SEOUL, South Korea — Literature Translation Institute of Korea (the “Institute”) holds the “2023 Korean Literature Review Contest” from July 10 (Mon) to September 30 (Sat). Anyone can apply for this contest after reading one of the books selected by the Institute and expressing their impressions in various creative formats, including text, picture, and video. Any […]
Blockchain & Cryptocurrency

Islamic Coin and Haqq Blockchain Ink Major Agreements In Medical Care, Travel,  Wellness and Immigration Services

10 August, 2023 – Zug, Switzerland – Shariah-compliant, ethics-first Islamic Coin and the Haqq Blockchain have signed four significant MOUs, integrating with leading private and government-affiliated services in the UAE, connecting with immigration, medical, wellness and travel industries. MBM Specialty Medical Center, 24 Seven Government Transactions Center,
Aviation GCC Saudi Arabia UAE

Dubai Airshow will feature Riyadh Air’s Boeing 787-9 Dreamliner for the first time

Riyadh Air, the newly launched Riyadh-based national airline, will exhibit its flagship Boeing 787-9 Dreamliner passenger aircraft at the Dubai Airshow taking place at Dubai World Central (DWC) airport from November 13-17, 2023. Making the announcement on August 9, 2023, Tarsus Aerospace, organiser of the Dubai Airshow 2023 also confirmed that Perceetech Group, a US- […]