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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

Arçelik Completes Acquisition of Whirlpool’s Moroccan and UAE Subsidiaries

Today marks the completion of the transaction for Arçelik, Beko’s parent company, to acquire full ownership of Whirlpool’s Middle East and North Africa (MENA) operations. Through this acquisition, Arçelik now owns Whirlpool’s UAE and Morocco entities, and manages Whirlpool’s MDA business operations in the MENA region. With the integration of Whirlpool’s MENA
NEWS DESK

Al Masaood Automobiles Rolls Out Nissan’s Six-Month Warranty Campaign on Genuine Spare Parts

Following Nissan Middle East’s announcement of a six-month manufacturer-backed warranty on genuine parts, Al Masaood Automobiles – the authorised distributor for Nissan in Abu Dhabi, Al Ain, and the Western Region – is actively implementing this initiative in its market to enhance customer satisfaction and encourage genuine part usage. The warranty program offers an
NEWS DESK

Media Rotana Dubai Embraces Community Spirit

In a heartfelt display of community support and solidarity, Media Rotana Dubai hosted an enriching Iftar event for families, in collaboration with Emirates Red Crescent and Fakhr UAE on Sheik Zayed Humanitarian Day. This special gathering underscored the hotel’s enduring commitment to giving back to the community and uplifting those in need. Sherif Madkour, General
NEWS DESK

Emirates Development Bank delivers record increase in industrial GDP impact

Emirates Development Bank (‘EDB’ or the ‘Bank), the key financial engine of economic development and industrial advancement in the UAE, has unveiled a record increase in total financing since the launch of EDB’s strategy in 2021 to AED 10.4 billion, bringing its cumulative contribution to the nation’s industrial GDP impact to AED4.9 billion.  The milestone […]
NEWS DESK

Al Islami Online Gems Competition Winners

Get Diamond Shine Al Islami Foods, a UAE pioneer in the wholesome halal poultry, meat & snacking food products and awarded top Halal Food Brand in OIC countries, congratulated the winners of its online Gems Competition, conducted throughout January and February 2024. The company recently awarded diamond chains to the 12 lucky winners. The competition […]
NEWS DESK

Maserati MSG Racing victorious in Tokyo

Maserati MSG Racing secured victory at the 2024 Tokyo E-Prix, with Maximilian Günther winning the FIA Formula E World Championship’s inaugural race in Japan. Max, who entered the weekend in good form after displaying a strong recovery drive in São Paulo two weeks earlier, showed competitive pace throughout practice and placed third in FP1 and […]
NEWS DESK

Bridgestone organises STS Group CSR IFTAR under ‘Eyes on Road’ campaign

Bridgestone, a global leader in tires and sustainable mobility solutions, recently hosted the STS Group CSR IFTAR event, under its ‘Eyes on Road’ campaign, during the holy month of Ramadan, showcasing its commitment to social responsibility and community engagement. The event served as a platform to reinforce relationships, express appreciation for dedication, promote road
NEWS DESK

UAE solidifies position as a top global investment hub

In an impressive testament to its economic strategy, the United Arab Emirates has made a significant leap to the 8th position on Kearney’s 2024 Foreign Direct Investment Confidence Index® (FDICI), up from 18th place in 2023, and now stands 2nd on the Emerging Market Index after China. The FDICI, now in its 26th iteration, continues […]
NEWS DESK

THOUSANDS OF DEALS AND THREE BIG WINNERS

The Great Online Sale celebrated another incredible edition, where thousands of shoppers were able to purchase global and local brands at special prices over the three-day online mega sale. Organised by Dubai Festivals and Retail Establishment (DFRE), the second edition of the Great Online Sale offered discounts of up to 95 per cent across 75 […]