diff --git a/deploy/pkg-config/pkg-config.tpl b/deploy/pkg-config/pkg-config.tpl
index 0145dc1cc19..10029cdfe05 100755
--- a/deploy/pkg-config/pkg-config.tpl
+++ b/deploy/pkg-config/pkg-config.tpl
@@ -22,7 +22,7 @@ includedir=${{prefix}}/include
 #info
 Name: oneDAL
 Description: Intel(R) oneAPI Data Analytics Library
-Version: 2024.6
+Version: 2024.7
 URL: https://www.intel.com/content/www/us/en/developer/tools/oneapi/onedal.html
 #Link line
 Libs: {libs}
diff --git a/dev/bazel/config/config.bzl b/dev/bazel/config/config.bzl
index b1bf70b2c10..625e40ad160 100644
--- a/dev/bazel/config/config.bzl
+++ b/dev/bazel/config/config.bzl
@@ -210,7 +210,7 @@ def _declare_onedal_config_impl(repo_ctx):
         substitutions = {
             "%{auto_cpu}":         auto_cpu,
             "%{version_major}":    "2024",
-            "%{version_minor}":    "6",
+            "%{version_minor}":    "7",
             "%{version_update}":   "0",
             "%{version_build}":    utils.datestamp(repo_ctx),
             "%{version_buildrev}": "work",
diff --git a/docs/doxygen/doxygen_conf_cpp.txt b/docs/doxygen/doxygen_conf_cpp.txt
index 1ac2861b4bc..36589b71080 100644
--- a/docs/doxygen/doxygen_conf_cpp.txt
+++ b/docs/doxygen/doxygen_conf_cpp.txt
@@ -38,7 +38,7 @@ PROJECT_NAME           = "C++ API Reference for Intel(R) oneAPI Data Analytics L
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = "2024.6"
+PROJECT_NUMBER         = "2024.7"
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/docs/doxygen/doxygen_conf_cpp_examples.txt b/docs/doxygen/doxygen_conf_cpp_examples.txt
index 52ac8ef8627..f2134e45ed6 100644
--- a/docs/doxygen/doxygen_conf_cpp_examples.txt
+++ b/docs/doxygen/doxygen_conf_cpp_examples.txt
@@ -38,7 +38,7 @@ PROJECT_NAME           = "C++ API Reference for Intel(R) oneAPI Data Analytics L
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = "2024.6"
+PROJECT_NUMBER         = "2024.7"
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/docs/doxygen/doxygen_conf_cpp_web.txt b/docs/doxygen/doxygen_conf_cpp_web.txt
index 28e11e19666..c0cbc676605 100644
--- a/docs/doxygen/doxygen_conf_cpp_web.txt
+++ b/docs/doxygen/doxygen_conf_cpp_web.txt
@@ -38,7 +38,7 @@ PROJECT_NAME           = "C++ API Reference for Intel(R) oneAPI Data Analytics L
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = "2024.6"
+PROJECT_NUMBER         = "2024.7"
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/makefile.ver b/makefile.ver
index b00ff4ae913..5dd325388c7 100644
--- a/makefile.ver
+++ b/makefile.ver
@@ -15,7 +15,7 @@
 #===============================================================================
 
 MAJOR   =       2024
-MINOR   =       6
+MINOR   =       7
 UPDATE  =       0
 BUILD   =       $(shell date +'%Y%m%d')
 STATUS  =       P