Al Habtoor Group, a pioneer in the construction and real estate industry, is proud to announce remarkable construction progress at Al Habtoor Tower, poised to become a new icon on Dubai’s skyline. Under the visionary leadership of Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor
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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.
Mark Pussard, Head of Risk, APM Capital Commodities Oil prices continued their week-long upward momentum on Friday, snapping a four-week losing streak, with Brent crude futures increasing to $79.66 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures prices rose to $76.18 per barrel. Both contracts gained around 3.70% and 4.50%, respectively, this week. […]
A landmark phase of development is transforming one of Dubai’s prime residential neighbourhoods, attracting investors with an extraordinary AED7 billion collection of ultra-luxury villas and mansions. Gaining recognition as the ‘Downtown Villas of Dubai’, this new community taking shape in the Al Wasl District offers both investors and end users the rare commodity of
Revenue tops $6 billion, for third quarter in a row, driven by stronger domestic gas growth Continued focus on efficiency drives EBITDA growth to $2.09 billion, up 18% year-on-year Interim dividend of $1.706 billion approved, up 5% on 2023; $3.41 billion to be distributed for the full year Abu Dhabi, UAE – August 12,
“International Youth Day is observed globally every year to highlight the crucial role of the youth as strategic partners in economic and social development and as a driving force for change. The celebration of this day underscores the challenges facing the youth and the importance of their empowerment, recognising their innovative spirit and unwavering determination […]
ASM Global’s culinary division SAVOR, which provides elevated food experiences for the globe’s most prestigious arenas, stadiums, convention/exhibition centers and performing arts venues, has announced the national winners of the American round of the world’s only competition for young culinary and hospitality talent. Thomas Mendel, chef from Hamel Winery; Jaclyn
Tecnotree, a global leader in digital platforms for AI, 5G, and cloud-native technologies for the telecommunications industries, has released its H1 2024 financial results, demonstrating revenue stability, positive free cash flow, enhanced product offerings and acquisition of new logos. First half (January-June 2024) *On 19 April 2024, Tecnotree executed a reverse split,
Azizi Developments, a leading private developer in the UAE, has announced the 41% construction completion of Azizi Vista in Dubai Studio City, one of Dubai’s most distinguished residential areas. Featuring studio apartments and one- and two-bedroom residences, the development’s projected completion date is set for Q1 of 2025. With overall finishes currently at 23%,
Novel Hotel City Center, a 4-star downtown hotel in Abu Dhabi, offers corporate guests an exceptional blend of personalized service and authentic Arabian hospitality at the heart of the capital. Situated in the vibrant commercial district of Hamdan street, Novel Hotel City Center is ideally positioned for business travelers. The hotel features 207 elegantly designed […]
The UAE is set to host the seventh Arab Competition Forum scheduled for 2026, organized by the United Nations Economic and Social Commission for Western Asia (ESCWA), the United Nations Conference on Trade and Development (UNCTAD), and the Organization for Economic Co-operation and Development (OECD). During the Forum, the Ministry of Economy will highlight the […]
The Ministry of Economy affirmed that it continues its efforts to implement the legislative and regulatory system for anti-money laundering in the country, in accordance with international best practices. In addition, the Ministry continues to monitor the Designated Non-Financial Businesses and Professions (DNFBP) sector in order to ensure its highest levels of compliance
Andromeda Sales & Distribution, India’s premier loan distribution network, is pleased to announce its strategic expansion into the Middle East, a move fuelled by its exceptional domestic performance. The company recorded over 23% growth in loan disbursals, reaching $9,048 million (Rs. 75,397 crore) during the Financial Year 2023-24. This notable growth was primarily
Morinaga Milk Industry Co., Ltd. (TOKYO:2264), a leading Japanese dairy product company, today announced its proprietary probiotic Bifidobacterium infantis M-63 was approved by the National Health Commission (NHC) of the People’s Republic of China as a new food ingredient for use in infant and children foods (under the age of three) on 25 July, 2024.
Research from IFS, the leading technology provider of enterprise cloud and industrial AI software, has revealed the Global AI Optimism League Table. The global study Industrial AI: the new frontier for productivity, innovation and competition involved 1,700 senior decision makers from Manufacturing, Telecommunications, Aerospace & Defense, Services, Construction &
Cloudera, the only true hybrid platform for data, analytics and AI, recently announced the findings from its survey, The State of Enterprise AI and Modern Data Architecture. The report – which is based on a survey of 600 IT leaders located in the U.S., EMEA, and APAC regions – explored the challenges and barriers that […]
Quest Nutra Pharma (Quest), a leading manufacturer of nutraceuticals/pharmaceuticals food supplements, has partnered with Kissflow to streamline and enhance its mission-critical workflows using the vendor’s Low-Code platform. By digitalising over 30 processes, Quest has not only been able to move towards paperless operations, but also managed to automate large portions of
Zebra Technologies Corporation (NASDAQ: ZBRA),a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, is taking AI computer vision global with a portfolio as well as research and development that is infusing ‘AI eyes’ into technology that businesses and their workers are using today. “We’re bringing computer vision to
Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its first half 2024 consolidated financial results, recording revenue of AED 13.7 billion, EBITDA of AED 6.6 billion, operating profit of AED 3.3 billion
Uzum (hereafter referred to as “we”, “us”, “our”, “Uzum” or the “Company”), a leading ecosystem of digital services in Uzbekistan, today announces its key performance highlights for the six months ended 30 June 2024. Key Operating and Financial Highlights · Marketplace GMV grew 4 times year-on-year · Loan portfolio of Uzum fintech
Canva, the world’s largest visual communication platform, today launched a refreshed brand system purpose-built for workplaces worldwide. The updated identity was designed to scale globally and connect locally, doubling down on Canva’s mission to empower the world to design. Empowering Canva’s Next Decade Canva’s first decade empowered millions of individuals to achieve





























