Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength : Bahrain Enters Partnership with UAE, Egypt, and Jordan to Boost Industrial Strength Bahrain recently joined an industrial bloc that includes UAE, Egypt, and Jordan. The partnership is called the Industrial
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.
Dubai Unveils Metaverse Strategy: Plans to Become a Global Hub for NFTs Dubai has released a metaverse policy document that contains strategies to establish the Emirate as a globally recognised hub of the metaverse and other emerging technologies. The release was announced in a tweet by Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai. Among other
Saudi Arabia Partners with IBM to Boost Digital Skills in the Kingdom : Saudi Arabia Partners with IBM to Boost Digital Skills in the Kingdom The Saudi Arabian government recently signed a Memorandum of Understanding (MoU) with IBM to increase digital skills in the country. The agreement was jointly signed by representatives of the Saudi Arabian […]
Bahamas-based FTX Acquires a Crypto License to Expand its Operations to Dubai : FTX, a Bahamas cryptocurrency company, has acquired a full crypto license in Dubai. This license issuance is coming after Dubai launched extensive plans to improve its blockchain industry and become a preferred destination for cryptocurrency companies. The Backstory As far back as […]
How Blockchain Can Transform Saudi Arabia’s Economy : How Blockchain Can Transform Saudi Arabia’s Economy Blockchain technology is certainly one of the many remarkable innovations of the past few decades. Since its advent, blockchain has greatly impacted several sectors, from finance to art. There is, however, so much more that one can do with technology. […]
Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 : Leading consulting firm predicts UAE financial wealth will reach $1 trillion by 2026 According to a new report by management consultancy firm Boston Consulting Group (BCG), UAE’s financial wealth is expected to reach $1 trillion in 2026. The report shows that […]
French President Macron hosts Crown Saudi Prince, with energy and oil on the agenda : French President Macron hosts Crown Saudi Prince, with energy and oil on the agenda On Thursday, the President of France, Emmanuel Macron, hosts the Crown Prince of the Kingdom of Saudi Arabia, Mohammed bin Salman. The visit is part of the western […]
Exchange house slammed with $1.4 million fine by Central bank of UAE for compliance gaps : Exchange house slammed with $1.4 million fine by Central bank of UAE for compliance gaps The Central Bank of the UAE recently slammed a fine on an exchange house within the country for failing to comply with anti-money laundering […]
Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather : Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather Extreme weather has resulted in one of the biggest oil bunkering ports in the world being closed down suddenly. The unusually heavy rains and flash floods in UAE forced the Fujairah port […]
Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021: Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021 According to the chairman of the Capital Market Authority, Saudi initial public offerings are on track to make 2022 a record year. So far, the number of listings recorded […]
UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund : UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund The UAE has announced its plans to launch a comprehensive space program. The program includes plans to land on an asteroid, explore Venus, and probe the Martian orbit. These plans […]
Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom : Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom Saudi Arabia recently announced its decision to construct a $1 trillion building in its futuristic megacity, Neom. The project has been tagged the “Mirror Line,” and it […]
UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million : UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million The UAE’s Ministry of Economy recently released a policy containing best practices for sourcing gold in the UAE. The policy also enforces stricter penalties […]
Visa and Dubai Health Authority (DHA) Sign Pact to Facilitate Emirate’s Tourism Industry : As part of the DHA’s broader plans to boost health tourism in Dubai, the Authority has signed a new Memorandum of Understanding with Visa. According to the DHA, the collaboration with the global payments company aims to promote Dubai as a […]
Was Joe Biden’s Visit to the Middle East Truly a Disaster : Was Joe Biden’s Visit to the Middle East Truly a Disaster On the 13th of July, Joe Biden arrived in the Middle East on a diplomatic visit. The arrival marked the President’s first visit to the Middle East since his emergence as the […]
Image: Alberto EchavarrÃa, Secretary-General of ASCER, sees the MENA region playing a key role for Tile of Spain in the 2022-2030 period. Credit: Arnold Pinto The Spanish ceramic tile industry is banking on aesthetic and technical innovation, exceptional quality, and enhanced sustainability to substantially ramp up its market share in the ultra-competitive Middle East and
Dubai-based MENews247 visited ceramic tile producers in Valencia, Spain as part of an international press tour organized by Tile of Spain – the official umbrella brand that represents the Spanish Ceramic Tile Manufacturers Association (ASCER). The press mission also included a visit to some of the showrooms and production lines as well as an architectural
Image: Winners of the 20th Tile of Spain Awards pose with ASCER and other dignitaries in Valencia on June 14, 2022. Tile of Spain – the internationally renowned brand of 125 ceramic tile manufacturers affiliated to ASCER (Spanish Ceramic Tile Manufacturers’ Association) – has awarded the prize-winners of the 20th Tile of Spain Awards. The prestigious […]
With Valencia brandishing its long-standing legacy of design it comes as no surprise that the famed Spanish city is the World Design Capital 2022 (WDC 2022), as designated by the World Design Organization (WDO). Headquartered in Montreal, Canada, the WDO in 2019 selected Valencia to be the WDC 2022 based on the two-millennium-old city’s design […]
Cyfirma, the global threat discovery and cyber-intelligence platform company, has embarked on an ambitious foray into the Middle East region spearheaded by two proprietary tools designed to protect businesses from multi-dimensional existing and emerging cybersecurity threats, especially as key countries in the hydrocarbon-rich region face unprecedented cyber-attacks
