Dubai Land Department (DLD) won the Global Artificial Intelligence Award 2025 – Gold Category, presented by the Dubai Quality Group, in recognition of its pioneering efforts in leveraging artificial intelligence technologies and digital innovation to enhance real estate services, improve
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.
The European Central Bank recently adjusted its monetary policy in response to escalating global tensions and the resulting impact on energy costs. Previously, officials had hoped that diplomatic negotiations abroad would stabilize fuel markets, allowing them to maintain their previous approach. However, with the ongoing conflict continuing to elevate expenses for both
SpaceX has reached a milestone nearly two decades in the making. The company, after completing a successful roadshow and pricing its offering, begins trading today on the Nasdaq under the ticker SPCX at $135 per share. At roughly 555.6 million shares and a ~$75 billion raise, that implies a valuation near $1.75–1.77 trillion — the […]
The BMW M Concept Neue Klasse celebrates its world premiere at the 24 Hours of Le Mans. It showcases the new BMW M design language and sets a clear signal for the brand’s all-electric future. The future BMW M product portfolio combines expressive design, high performance and innovative materials. The vehicle builds a bridge between its […]
L’Oréal Middle East hosts the L’Oréal For the Future Summit at its newly renovated Dubai office, bringing together government representatives, sustainability experts, retail partners and industry leaders. The Summit marks a decisive step in L’Oréal’s journey from ambition to accountability in the fight against climate change, with a landmark announcement: the
The recently-concluded Dubai Esports & Games Festival (DEF) showed why it’s one of the region’s leading events in the gaming industry with GameExpo providing a space for females to showcase their skills, participate in tournaments and engage with the wider community. Thousands attended the festival’s flagship three-day GameExpo – the ultimate gaming playground,
US Markets US equity markets witnessed a sharp rebound in Thursday’s session, with the SPX index recovering 1.83% and the NDX index jumping 3.40% by closing. Both indices trade relatively flat during the Asian session on Friday and are now about 3% and 4.45% lower than their all-time highs achieved earlier in the month. Markets […]
Turkish Airlines announced passenger and cargo traffic results for May with 2.5% higher passenger capacity in terms of available seat kilometers compared to that of 2025. In May, number of passengers reached 7.9 million and total load factor realized as 84.0%, marking the highest May record in its history. According to May 2026 Traffic […]
As the UAE automotive market becomes increasingly competitive, vehicle buyers are looking beyond product specifications and pricing, placing greater emphasis on aftersales support, spare parts availability, technology innovation, and long-term brand commitment. Against this backdrop, OMODA & JAECOO has adopted a distinctive operating model in the UAE that combines
Balaji Srinivasan, Simon Gerovich, Hugh Hendry, and Other Additional Voices from Global Finance, Policy, and Bitcoin Infrastructure Confirmed for Asia’s Largest Bitcoin Conference Nashville, TN, USA — June 11, 2026 — Bitcoin Asia 2026 today announced its first wave of confirmed speakers for the two-day conference taking place August 27–28 at the Hong Kong Convention
The UAE delegation, led by H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, participated in the 126th session of the UN Tourism Executive Council in Toledo, Spain. The country reaffirmed its steadfast commitment to supporting international efforts aimed at developing a more sustainable, resilient, and innovative global tourism sector, raising its
Qatar’s introduction of 20 new amendments to its villa and palace building regulations is being viewed as a significant step towards supporting more flexible, functional, and future-ready residential design across the country. Industry experts note that the updated regulations better reflect the evolving needs of modern families by providing greater flexibility
Dubai Holding announced HyveGeo, a homegrown desert greening scale-up, as the winner of this year’s Innovate For Tomorrow Impact Accelerator 2025, alongside first runner-up Cycled Technologies and second runner-up CO2Wall. The announcement, revealed during the programme’s Demo Day at Theatre of Digital Art, Souk Madinat Jumeirah, reflects a philanthropic commitment to
As artificial intelligence continues to transform modern homes, LG Electronics (LG) is once again setting a new standard by formally launching its revolutionary DUALCOOL™ AI air conditioner. Available now in the UAE, Oman, Azerbaijan, Georgia, and Armenia, this advanced AC unit leverages the power of AI and an innovative dual-airflow system to deliver an unprecedented
The European Central Bank raised interest rates for the first time after three years. The deposit rate was lifted to 2.25% from 2%. The hike is the first policy response by a major central bank to the spike in oil prices triggered by the conflict in the Middle East. However, the President, Christine Lagarde, struck […]
SEHA, a subsidiary of PureHealth, the largest healthcare group in the Middle East, highlighted a successful complex therapeutic endoscopy case at Madinat Zayed Hospital, where a deeply embedded feeding tube was removed using minimally invasive techniques, avoiding the need for major surgery in a high-risk patient. The patient, who was bed-ridden and had a […]
With the World Cup 2026 kicking off, Yas Marina Circuit’s live sports destination, Yas Sports Majlis, will bring fans together for live screenings of World Cup 2026 matches throughout the tournament, from the Group Stage through to the Final. Alongside the World Cup action, Yas Sports Majlis will continue to host live Formula 1®️ […]
H.E. Raja Al Mazrouei, Chief Executive Officer of Etihad Credit Insurance (ECI), highlighted the UAE’s growing influence as a resilient global trade and investment hub during a high-level panel discussion at TXF Global 2026 in Prague, Czech Republic, one of the world’s leading conferences dedicated to export finance Addressing global policymakers, export finance
Sheikh Shakhbout Medical City (SSMC), a flagship hospital in the UAE for serious and complex care and a subsidiary of PureHealth, the largest healthcare group in the Middle East, has introduced a new diagnostic innovation that rapidly detects upper gastrointestinal bleeding for patients across Abu Dhabi, enabling doctors to obtain accurate results within minutes and […]
Airbus Defence and Space today announced the upcoming launch of Agnet Extensions, a new portfolio of optional feature packages that will enable organisations to further enhance their Agnet MCX environment with capabilities tailored to their specific operational requirements. Scheduled for commercial availability in the third quarter of 2026, Agnet Extensions represent the



























