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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

Innovative Financing Solutions Essential to Advancing Global Trade and Sustainable Development: UBF

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
NEWS DESK

Cedar-IBSi Capital taps key LP commitment from Private Department of H. E. Sheikh Mohamed bin Khalid Al Nahyan for India FinTech fund

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 […]
NEWS DESK

UiPath Accelerates AI Transformation with Expanded Capabilities for its UiPath Platform for Agentic Automation and Orchestration

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
NEWS DESK

FIA collaborating with leading American university to examine role of AI in tackling online abuse in sport

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
NEWS DESK

LEGOLAND® Dubai Resort Launches Exclusive UAE Resident Staycation Offer Ahead of Festive Season

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
NEWS DESK

ONE Development and Amr Diab Break Ground on DO Dubai Islands

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
NEWS DESK

Ministry of Economy and Tourism hosts open dialogue with six family businesses to maximize their benefit from the UAE’s advanced legislative & regulatory framework for the sector

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,
NEWS DESK

MTE Studios to Showcase Its End-to-End Museum and Science Centre Expertise at ICOM Dubai 2025

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 […]
NEWS DESK

Gllit launches new smart features as part of ‘next-gen way’ of empowering UAE home sellers and landlords to go agent-free

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
NEWS DESK

J.P. Morgan Unveils 2025 Principal Discussions Report: A Rare Glimpse into the Perspectives of the World’s Wealthiest Families

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 […]
NEWS DESK

Addleshaw Goddard advises the shareholders of Transcorp International on strategic acquisition by Green Dome Investments

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
NEWS DESK

Lilly partners with NVIDIA to build the industry’s most powerful AI supercomputer, supercharging medicine discovery and delivery for patients

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