US Markets The SPX slipped 1.12% yesterday, while the NASDAQ fell 1.9%. Over the week, the SPX has declined 1.75%, as investors have grown cautious amid stretched valuations and an uncertain economic outlook. Markets remain tense as the government shutdown drags on, now marking the longest in
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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.
UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has highlighted the importance of developing innovative financing solutions to support global trade amid growing challenges. This aligns with the UAE’s strategic priorities, which focus on facilitating global trade flows to achieve the sustainable development goals. As part of its ongoing
Cedar-IBSi Capital has received a key commitment from KSH Investments, the strategic Global investment and Wealth Management arm of the Private Department of H. E. Sheikh Mohamed bin Khalid Al Nahyan in Abu Dhabi, for its debut fund. The fund has firmed up its positioning of being one of the region’s only sector specialist FinTech […]
UiPath (NYSE: PATH), a global leader in agentic automation, today announced an expanded set of offerings for its UiPath Platform for agentic automation and orchestration. Available today, this combination of pre-built solutions, new capabilities for orchestrations, and supporting tools for building and testing agents and automations creates an ecosystem that enables
This December, W Abu Dhabi – Yas Island turns the festive season into a city-wide mood shift across its signature venues. At Garage, the rhythm runs high with back-to-back celebrations from Christmas Eve dinner and Santa’s B.I.G. Christmas Day Brunch to a sparkling New Year’s Eve gala. Over at Pappas Taverna, the celebrations take a […]
The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has announced a landmark research collaboration with the University of Notre Dame, a leading research university in the United States. Supported by the FIA Foundation, the collaboration will strengthen the global
Before the festive season officially begins, LEGOLAND® Dubai Resort invites UAE residents to enjoy a magical pre-festive staycation at LEGOLAND® Hotel. From 10 November to 18 December 2025, families can take advantage of an exclusive UAE resident rate starting from AED 225 per person, inclusive of breakfast and access to either LEGOLAND® Dubai Theme Park or LEGOLAND® Water
Building on the success of its acclaimed debut, Janu Tokyo, Aman Group is set to unveil a new property in Ras Al Khaimah as part of a robust pipeline from its sibling brand Janu: Janu Al Marjan Island. The hospitality brand dedicated to soulful connection and purposeful travel, will open its newest hotel and exclusive […]
ONE Development, one of the region’s fastest-growing AI-enabled real estate developers, has broken ground on its flagship hospitality project, DO Dubai Islands. The ceremony was attended by the company’s Founder and Chairman, Ali Al Gebely, alongside global music icon and strategic partner, Amr Diab. Managed by DO Hotels & Residences, the project introduces the world’s
The Ministry of Economy and Tourism organized an open dialogue session that brought together representatives of six major family-owned businesses in the UAE, as part of its ongoing efforts to strengthen direct engagement with family enterprises. The session was aimed at enabling these businesses to benefit from the country’s advanced legislative and regulatory environment,
MTE Studios, a regional pioneer in museum and science centre design and innovation, will be exhibiting at the upcoming ICOM Dubai 2025, taking place from 11th–17th November 2025. The company’s participation underscores its commitment to advancing the future of cultural and educational experiences across the Middle East and beyond, as ICOM Dubai brings together the […]
Union Coop announced its financial results for the third quarter of fiscal year 2025, reporting a total income of AED 1.7 Billion, up 8% year-on-year. The results reflect steady performance across its retail, real estate, and other income streams. Retail sales amounted to AED 1.384 Billion, an increase of 6.72%, while real estate income grew […]
With the ambition to create an enhanced digital experience for customers and employees alike, Choithrams Group, one of the UAE’s most trusted supermarket chains, selected HPE Networking to implement advanced AI-native networking solutions across its UAE operations. The initiative is set to enhance warehouse and retail store operations, enable real-time inventory
Gllit, a leading proptech innovator introducing the next-gen way of buying, selling, and renting property in the UAE, has today rolled out powerful new tools and features that make it easier for every home seller and landlord to create professional-quality property listings and earn more from direct-to-owner transactions. Gllit has launched Expertise-as-a-Service
J.P. Morgan’s 23 Wall Team is proud to announce the release of its 2025 Principal Discussions Report, a landmark study that brings to light the voices, values, and strategies of the world’s most influential families. Drawing on candid, in-depth conversations with 111 billionaire principals from 28 countries and over 15 industries, the report offers an […]
Armaf Beauté, the makeup division born from the legacy of Armaf and Sterling Group, recently unveiled at Beautyworld Middle East in Dubai as it accelerated regional expansion and introduced its skin-enhancing, inclusive product range. The global cosmetics market was estimated at roughly USD 296 billion in 2023, with forecasts projecting continued growth through
Gaming in the UAE is more than just a pastime; it’s a lifestyle. Be it casual player or competitive esports enthusiast, having the right gear can make all the difference. And LG Electronics (LG) continues to elevate the gaming experience with its range of cutting-edge gaming monitors, designed to meet the demands of today’s gamers. […]
Leading international law firm Addleshaw Goddard advised the shareholders of Transcorp International, Mr Rodrigue Nacouzi and CE Ventures Limited (a subsidiary of Crescent Enterprises), on the sale of their shareholding interests in Transcorp to Elite Co., a logistics platform owned by Green Dome Investments. Transcorp International, the UAE-based cold-chain logistics
Etihad Airport Services (EAS), which Ground Handling, Cargo & Logistics, and Security Services has rebranded under a single identity, Velora. The launch marks an important milestone in the evolution of Abu Dhabi’s aviation services, reflecting a strategic move towards greater integration, efficiency, and customer focus. Velora brings together these essential service
Eli Lilly and Company (NYSE: LLY) today announced it is building the most powerful supercomputer owned and operated by a pharmaceutical company, in collaboration with NVIDIA. The supercomputer will power an “AI factory,” a specialized computing infrastructure that manages the entire AI lifecycle from data ingestion and training to fine-tuning and high-volume





























