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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.

HCL
NEWS DESK

HCLTech Reports FY24 Revenue of $13.3 Billion

HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2024. The company reported full year revenue of $13.3 billion, up 5.4% YoY. Digital Services revenue grew by 5.3% (CC) and now contributes to 37.3% of IT Services revenue. HCLSoftware’s Annual Recurring Revenue came […]
Bentley
NEWS DESK

THE NEXT COACHBUILT BENTLEY

On 7 May 2024, Bentley Motors will unveil the third coachbuilt Bentley of the modern era, following the exquisitely hand-crafted Bacalar Barchetta and Batur coupe. Created by Mulliner – Bentley’s in-house bespoke division and the oldest surviving name in coachbuilding – the latest member of this highly exclusive family of Bentleys will continue Mulliner’s long […]
Jubail Island
NEWS DESK

JUBAIL ISLAND BEGINS HANDOVER MARKING MAJOR MILESTONE

Jubail Island, the AED 15 billion project in the heart of Abu Dhabi, has announced the successful handover of 44 units for the first group of homeowners in Nad Al Dhabi village. The milestone marks a significant achievement for the island’s construction, signalling LEAD Real Estate Developer’s commitment to timely delivery and completion of what […]
Esports
NEWS DESK

THE ULTIMATE ESPORTS SHOWDOWN! ‘PLAY BEYOND’

Gaming fans can watch some of the biggest names in the region battle it out across top esports games at the thrilling DEF Play Beyond tournament on 4 and 5 May, happening at Dubai World Trade Centre as part of GameExpo. The gaming celebration is part of the third Dubai Esports and Gaming Festival (DEF), […]
Stirling Hospitality Advisors
NEWS DESK

Stirling Hospitality Advisors Select Hospitality Operator for MERED’s ‘ICONIC Tower’

Stirling Hospitality Advisors, one of the leading boutique advisory firms in the region, announces that it has selected Valor Hospitality to oversee the future management of luxury real estate developer MERED’s flagship project, ‘ICONIC Tower’ designed by Pininfarina. Led by Michael Bagdasarov, Senior Advisory Manager at Stirling Hospitality Advisors, the team successfully
Short Term Rental
NEWS DESK

Summer looks hot for short term rental market in UAE

Short term let accommodation is set to enjoy a busy summer thanks to theUAE’s diversified entertainment offerings, compelling summer calendar of events,government tourism incentives, and the addition of even more flight routes across AbuDhabi, Dubai and Ras Al Khaimah.Hot off the heels of a record breaking 2023 during which Dubai welcomed 17.15 millioninternational
Emirates Islamic
NEWS DESK

Emirates Islamic becomes first Islamic bank in the region

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with a minimum investment as low as USD 25,000. The international Sukuk market typically requires a minimum investment of USD 200,000,