Following yesterday’s developments around the US midterm elections, we would like to share the following fresh perspective on the second day, highlighting the latest market movements and emerging investor concerns. With Democrats now securing control of both chambers of Congress, markets
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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.
The sharp decline in crude oil prices following the US midterm elections offers welcome relief from months of elevated energy costs. However, with no peace agreement in place, the market remains exposed to binary geopolitical risks, while the recovery in Middle East crude exports has yet to be matched by a similar improvement in refined […]
SHIFT, AWR Automotive’s car rental and leasing company, is celebrating its 18th anniversary, having grown from a standing start in 2008 to a fleet of over 13,000 vehicles serving individuals and businesses across the UAE. The milestone comes as the automotive market continues to evolve, with traditional vehicle ownership increasingly complemented by
As the UAE prepares to celebrate Dhanteras and Diwali, gold is once again taking centre stage, driven by its cultural significance and continued relevance in investment portfolios. With global gold prices responding to economic uncertainty, currency movements and shifting interest rate expectations, the festive season also provides an opportunity to examine how investors
Salesforce, the world’s #1 AI CRM, today announced that monthly usage of Agentforce Coworker has grown 21x in three months, averaging 2.8x growth each month, and that the service now supports more than 185,000 users globally. Global enterprises including The Adecco Group, Accenture, Fulton Bank, and BACA Systems are already running Coworker across their teams. […]
Emaar Development PJSC (DFM: EMAARDEV), the UAE’s premier build-to-sell property development company and majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), reported revenue of AED 22.2 billion (US$ 6.0 billion), up 26% year-on-year, EBITDA of AED 11.4 billion (US$ 3.1 billion), up 28%, and net profit after tax of AED 10.8 billion (US$ 2.9 billion), […]
Qatar Airways has inaugurated its new twice-weekly service connecting Doha with Caracas and Bogotá. The service represents a significant milestone for the airline, as Qatar Airways becomes the first Gulf carrier to serve Venezuela, and the first airline to operate nonstop services from the Middle East to both Bogotá and Caracas. The new route underscores […]
Loyalty & Reward Co, the world’s only global pure-play loyalty consultancy, has launched Loyalty Programs: The Complete Guide (3rd Edition) in the Middle East, bringing an extensive reference on loyalty strategy and programs management to a market experiencing growing investment in customer experience and digital transformation. The regional launch follows the opening
This New Year’s Eve, Third Avenue invites guests to welcome 2027 in the heart of Downtown Dubai, with front-row views of the iconic Burj Khalifa fireworks, an unlimited four-course dining experience and live music setting the tone for an unforgettable celebration. Overlooking the Burj Khalifa and Dubai Fountain, the restaurant offers one of the city’s […]
Costa Coffee is giving customers a new way to add protein to their everyday coffee or matcha ritual, with the launch of a limited-time protein range across 40 participating stores in Dubai. Available throughout November, while stocks last, the range includes the High Protein Latte and High Protein Iced Latte, made using Costa’s Signature Mocha […]
Trump International Golf Club Dubai has announced its festive programme, bringing a Christmas Village, Santa’s Grotto, children’s activities and seasonal dining to DAMAC Hills from November 29 to December 31. Highlights include three weekends of Christmas Village celebrations, Christmas Day brunch, a Motown-themed New Year’s Eve event featuring The Exclusives, and a
Marjan, the master developer of Ras Al Khaimah, and Ras Al Khaimah Economic Zone (RAKEZ) have marked the topping-out of RAK Central Square, with the development on track to open in Q4 2027. The milestone advances the delivery of RAK Central, a mixed-use district taking shape to support the Emirate’s evolving economy and bring together […]
Etihad Water and Electricity (EtihadWE) and Al Ghurair PCS Switchgear Manufacturing have signed a Memorandum of Understanding (MoU) at WETEX 2026 to pilot ETAP digital twin technology at one of EtihadWE’s substations. The collaboration will assess the technology’s potential to enhance network visibility, support operational decision-making and improve operational
Abu Dhabi T10 has confirmed its international broadcast partners and 12-member commentary and presentation panel for the 2026 season, scheduled from 7 to 20 November at Zayed Cricket Stadium in Abu Dhabi. The tenth edition will be available to cricket fans through television and digital platforms across major international markets. Following the previously announced
Delhi-based Magic Moon Publishers is stepping up its international expansion plans, with a strategic focus on the United Arab Emirates (UAE) and Gulf Cooperation Council (GCC) markets, as it prepares to unveil 10 new titles at the 45th Sharjah International Book Fair 2026. As part of its international expansion initiative, the publishing house has entered […]
U.S. Markets U.S. stocks traded lower on Thursday, as the post-election rally gave way to renewed weakness in chip stocks. S&P 500 were down 0.3%, and the Nasdaq 100 fell 1.17%. On Wednesday, as Democrats won control of both chambers of Congress and oil prices tumbled. The S&P 500 added 1.66% to 7,704, while the […]
Cloudera, the only data and AI platform trusted by organisations to bring AI to their data, announced its participation at GITEX Global 2026, the Middle East’s premier technology showcase. As AI adoption accelerates across the Middle East, businesses must ensure their data is accessible, well governed, and secure to support AI advancements. Organizations who […]
Saudi Aramco’s third-quarter results saw adjusted net income rise 9.2% year on year to $31.2 billion, supported by stronger refining margins and higher realised oil prices. However, lower production volumes and ongoing export constraints continue to shape the company’s earnings outlook. With reported net income reaching $36.3 billion, including a one-off gain from the sale
Bank of Singapore CEO Jason Moo took part in A New Era for Global Wealth: Capital, Technology and the Rise of Asia, a one-on-one fireside chat at the Dubai FinTech Summit, sharing the bank’s perspective in a city central to its Middle East business. The session, held at Madinat Jumeirah on day one of the […]
Arab Bank Switzerland ME Ltd, the regional entity of Swiss Private Bank Arab Bank Switzerland, has announced the start of its operations in ADGM, the international financial centre of Abu Dhabi, following Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). The launch builds on the Group’s long-term commitment to the UAE […]




























