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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

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai

Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure.   Located within the Azizi Riviera community in Mohammed Bin Rashid City, the five-star […]
NEWS DESK

A First in the UAE: Mira Developments Introduces ‘Mira Care’, a Five-Year Maintenance Warranty Across All Projects

Mira Developments has announced the introduction of a five-year maintenance warranty across every residential development delivered by the company from 2026 onwards, setting a new benchmark for long-term quality assurance in the UAE property market.   The Mira Care warranty covers essential building systems and structural elements, including core MEP installations, as
NEWS DESK

Navigating AI and the Changing Nature of Work in Saudi Arabia

By Anil Singh, Chief Business Officer, TASC Outsourcing Across Saudi Arabia’s labour market, artificial intelligence is quietly reshaping how work is performed, how organisations operate, and how talent is valued. With AI adoption accelerating across sectors, the Kingdom faces a pivotal moment in which it must advance productivity and economic diversification while
NEWS DESK

Vertix Holdings reports strong portfolio growth, reaching AED1.6 billion in Assets Under Management (AUM)

Vertix Holdings, a diversified business conglomerate with interests in auditing, financial services, real estate, technology, education and investment, has announced a significant milestone in its growth journey, reporting AED1.6 billion (US$435.97 million) in assets under management (AUM) in 2025, representing a 57 percent year-on-year growth compared to AED1.02 billion
NEWS DESK

Ministry of Economy and Tourism hosts ‘Ramadan Riyada Majlis’ in Dubai to empower Emirati women entrepreneurs and inspire innovation

The Ministry of Economy and Tourism organized the ‘Ramadan Riyada Majlis’ in Dubai, bringing together leading women entrepreneurs and business leaders from across the UAE. The event aimed to foster dialogue, facilitate the exchange of best practices, and inspire the launch of diverse economic initiatives that support the country’s sustainable development journey.  
NEWS DESK

SentinelOne Appoints Sonalee Parekh as Chief Financial Officer

SentinelOne, the leader in AI-native cybersecurity, announced the appointment of Sonalee Parekh as Chief Financial Officer, effective March 24, 2026. Ms. Parekh will oversee all aspects of the company’s global financial operations, including FP&A, accounting, tax and treasury, internal audit, and investor relations. Barry Padgett will continue to serve as Interim CFO
NEWS DESK

Bitcoin touches one-month high on CLARITY Act optimism; Kazakhstan central bank to invest in crypto

Bitcoin briefly touched a one-month high of $74,000 last week, supported by renewed optimism around potential US crypto market regulation, according to the latest market commentary from Simon Peters, Crypto Analyst at eToro. Despite the temporary rally, the leading cryptocurrency ended the week roughly where it started, while major altcoins including Ethereum, BNB and
NEWS DESK

Dubai residential transactions reach AED 45.39 billion in February as market activity remains resilient

Dubai’s residential real estate market recorded 15,369 transactions worth AED 45.39 billion in February 2026, reflecting sustained activity across the emirate’s property sector despite evolving global and regional dynamics. While transaction levels remained broadly stable compared with January, the market continued to demonstrate year-on-year expansion. Compared with
NEWS DESK

Stocks Rebound as Oil Surges on Middle East Tensions; Dollar Firms, Gold Steady – Comments from Century Financial

U.S. Markets  U.S. equity markets declined about 1.90% last week after a weak labour market report rattled investor confidence. The February Non-Farm Payrolls (NFP) data showed the U.S. economy lost 92,000 jobs, compared with expectations of a gain of 58,000, signalling an unexpected slowdown in employment growth. Following the data, the Dow Jones Industrial Average […]
NEWS DESK

SEVA Holds Its Table Open for Community This Ramadan

In moments when the wider landscape feels uncertain, SEVA Table continues to hold its doors open as a daily act of care. Guests are invited to break their fast, reconnect and regulate with Ramadan Sufra designed to gently restore after fasting. The menu features dishes that support digestion and help transition the body gradually from fasting to […]
NEWS DESK

OPPO Announces Global Launch of Find N6 on March 17th

OPPO, the world’s leading smart device brand, today announced the global launch of its latest foldable flagship, OPPO Find N6. Set to debut on March 17, 2026, in its new Binhai Bay Campus, China, Find N6 is designed to completely transform the foldable experience with its revolutionary Zero-Feel Crease*.   “The OPPO Find N series has […]