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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

Al Ramz Announces the Launch of Asset Management Subsidiary “ARAM Capital” to Drive Sector Growth and Cement the UAE’s Position as a Regional Financial Hub

Al Ramz Corporation PJSC (ALRAMZ:UH), a leading financial services institution with a 25-year legacy in capital markets, has announced the launch of its new asset management subsidiary, ARAM Capital Partners Ltd. (ARAM Capital), a regulated asset manager under Abu Dhabi Global Market (ADGM).   ARAM Capital, a wholly owned subsidiary of Al Ramz operating under […]
NEWS DESK

ECI underscores its contribution to strengthening the UAE’s strategic trade resilience at the Lill Global Symposium

H.E. Raja Al Mazrouei, Chief Executive Officer of Etihad Credit Insurance (ECI), underscored the growing importance of export credit agencies (ECAs) and the urgent need for diversification amid shifting geopolitical dynamics, during her participation at the Lill Global Symposium 2026 held at Rhodes House in Oxford, UK, where ECI was a sponsor.   Held under […]
NEWS DESK

Vertiv appoints Frieda He as Chief Procurement Officer

Vertiv (NYSE: VRT), a global leader in critical digital infrastructure, today announced Frieda He has joined the company as Chief Procurement Officer (CPO). She will lead Vertiv’s global procurement organization, with a focus on further strengthening supply chain resilience, enabling growth, optimizing cost and value, and driving supplier quality across the company’s
NEWS DESK

Royal Grammar School Guildford Dubai Introduces Student-Led Academic Societies to Cultivate Future Thinkers

Royal Grammar School Guildford Dubai (RGSGD) has introduced academic societies, a long-standing tradition of British education, to its Dubai campus. Launched through four Senior Academic Societies — the Colebrook Society (Medical Society), Gaselee Society (Philosophy Society), Parkhurst Society (Business Society) and Grey Society (Digital Society) –these student-led
NEWS DESK

Emaar Development records 22% growth in Property Sales reaching AED 20.1 billion (US$ 5.5 billion); net profit increases by 49% to AED 3.5 billion (US$ 953 million) in Q1 2026

Emaar Development PJSC (DFM: EMAARDEV), the UAE’s leading build-to-sell property developer and majority-owned subsidiary of Emaar Properties PJSC (DFM: EMAAR), reported a strong financial and operational performance for the first quarter of 2026 (January to March), supported by sustained demand across its developments, disciplined execution, and a resilient operating
NEWS DESK

Sony Middle East and Africa Commissions 391.2 kWp Solar Power Project at Headquarters in Jebel Ali Free Zone Dubai, UAE

Sony Middle East and Africa (Sony MEA) has successfully completed its Solar Power Energy Project with a project capacity of 391.2 kWp, at its regional headquarters located in the Jebel Ali Free Zone (Jafza), Dubai, marking a significant step in advancing its sustainability agenda and reinforcing its long-standing presence in the United Arab Emirates. The […]
NEWS DESK

Think 2026: IBM Makes Digital Sovereignty Operational with General Availability of IBM Sovereign Core

At Think 2026, IBM (NYSE: IBM) announced the general availability of IBM Sovereign Core, a new software platform designed to help organizations build and operate AI-ready sovereign environments and verify their control — giving enterprises and governments an end-to-end approach to digital sovereignty. As AI adoption accelerates, digital sovereignty has become a critical
NEWS DESK

Nurturing Next-Generation Psychiatrists: St. George’s University Highlights Approaches to Supporting Mental Health Care in Middle East Region

As the Middle East region observes Mental Health Awareness Month in May, the focus on psychological well-being has never been more critical. According to the World Health Organization, more than one billion worldwide are living with mental health disorders and is a major global concern.   In the UAE, a study has shown that stress is a key […]
NEWS DESK

One Million Strong: Jeep® Rubicon Hits Worldwide Sales Milestone, Fueling Its Enduring Legacy in the Middle East

The Jeep® brand today celebrates a major milestone as the legendary Rubicon nameplate for Wrangler and Gladiator reaches one million units sold worldwide, reinforcing its long-standing reputation for uncompromised capability and authentic, trail-proven performance. Introduced as the Jeep brand’s ultimate expression of off-road capability, the Rubicon trim has become
NEWS DESK

Global Tech Giants Join Forces with Blossom Accelerator to Power Saudi Arabia’s Next Generation of AI Startups Through DominAite

In a major step toward accelerating Saudi Arabia’s AI economy and entrepreneurial ecosystem, Blossom Accelerator initiative DominAite is a national AI scale accelerator designed to empower the Kingdom’s next generation of AI-native startups through strategic ecosystem collaborations with leading national and global technology players. Supported by the National Technology
NEWS DESK

Emaar reports strong start to 2026, with property sales up 16% to AED 22.4 billion (US$ 6.1 billion); revenue backlog reaches AED 163.4 billion (US$ 44.5 billion)

Emaar Properties PJSC (DFM: EMAAR) delivered a strong start to the year 2026, supported by sustained demand across its core segments, disciplined execution, and the Group’s diversified business model. Sustained sales activity, a stable base of recurring revenues, and robust operational performance contributed to overall financial strength and earnings visibility. Emaar’s