U.S. Markets The S&P 500 is up this morning after the index snapped a nine-day win streak in the last session. At the time of writing, the SPX is up 0.12%, whereas the NDX is up 0.03% as investors balance AI earnings. Technology stocks remain in focus after Broadcom’s earnings release
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.
This June, Michelin-starred Hakkasan Abu Dhabi elevates its signature Hakka Nights experience with a curated programme of cocktail-led activations, including Hakka-Tinis, a limited-edition Martini Week celebration crafted with Tanqueray No. Ten, a one-night-only bar takeover by internationally renowned bartender Jimmy Barat, and Spritz and Friends, a collection of
Rixos Hotels Egypt announces the opening of Rixos Premium Magawish Bay View, a new five-star resort on Egypt’s Red Sea coastline, located beside Rixos Premium Magawish Suites & Villas. Designed as a modern retreat, the resort brings the brand’s signature Ultra-Premium All-Inclusive concept to one of the region’s most sought-after seaside destinations. Located
GAULT&MILLAU SAUDI ARABIA LAUNCHES FIRST EDITION, HONORING ALMOST 250 RESTAURANTS ACROSS THE KINGDOM
The first edition of the Gault&Millau Saudi Arabia Gala took place on June 2, 2026, at Radisson Manhal – Riyadh, marking a major milestone for the Kingdom’s rapidly evolving culinary and hospitality sectors. In the presence of ambassadors and official representatives, the gala and awards ceremony brought together chefs, restaurants, hospitality professionals,
The Dubai Department of Economy and Tourism (DET) has launched SME in a Box, a new platform designed to make it faster, simpler, and more cost-efficient for entrepreneurs to start and operate businesses in Dubai. SME in a Box provides founders with a single entry point to access essential business services including licensing support, […]
The Heart of Europe, an idyllic staycation destination at The World Islands in Dubai, is bringing Italy to Arabian shores with its Portofino Festival, a picturesque celebration of Italian beauty featuring gourmet cuisine, vibrant culture, and iconic music. Running from June 5 to June 27, 2026, the Portofino Festival promises an authentic Italian experience across […]
Huawei has officially announced the launch of the HUAWEI XMAGE UAE Social Media Competition, inviting photography enthusiasts, creators, and Huawei smartphone users across the country to capture and share their most compelling visual stories for a chance to win exclusive local prizes and be part of the global HUAWEI XMAGE Awards 2026. The UAE competition […]
As the UAE accelerates investments in healthcare innovation, artificial intelligence, biotechnology, automation, and future-focused industries, Manipal Academy of Higher Education (MAHE) Dubai has announced a major expansion of its academic portfolio with the launch of several undergraduate and postgraduate programmes designed to prepare students for the jobs and
Ongoing geopolitical tensions across the Middle East are influencing how investors, lenders and advisors assess real estate risk across the UAE, says Rus Kolinko, Managing Partner at Archers Valuation & Advisory. While real estate activity across Dubai and Abu Dhabi remains relatively resilient, Archers notes that conversations around risk, liquidity and downside
Yango Group has launched an AI consulting service by Yango Tech, b2b division of the company. New service designed to help enterprises and government organisations in the UAE move AI initiatives from pilot stages to production deployment and measurable business outcomes. The service helps organisations identify high-impact AI use cases, assess operational and business
Line Investments & Property has officially launched its annual Summer Super Sale across 12 malls in Abu Dhabi, Al Ain, and Al Dhafra. Running from 4 to 28 June 2026, the campaign offers shoppers discounts up to 90%, exciting raffle prizes, and interactive family entertainment inspired by the football season. To enter the raffle, visitors […]
Artificial intelligence is reshaping the foundations of economic competition. What was once a race for natural resources, trade routes and industrial capacity is increasingly becoming a race for computing power, data infrastructure and the ability to develop and deploy AI at scale. The shift has turned data centres, advanced computing capacity and digital infrastructure
In an agentic AI world, organizations must act and defend at machine speed and scale. Cisco Cloud Control, unveiled at Cisco Live, is a unified platform built for humans and AI agents to manage, monitor and defend critical IT infrastructure — and the foundation for Cisco’s AgenticOps operating model. With one login, Cisco Cloud […]
Liferay, a leading provider of Digital Experience Platforms (DXPs), today announced the launch of Liferay AI Hub, a standalone SaaS product that enables enterprise organizations to build, deploy, and manage AI agents through a low-code environment. Grounded in an organization’s own data and governed by its existing security policies, Liferay AI Hub is designed to […]
Core42, a G42 company specializing in sovereign cloud and AI infrastructure, today announced that Open Innovation AI, a leader in sovereign AI infrastructure orchestration and agentic AI platforms, will bring Open Innovation AI’s sovereign AI stack to Core42’s customers, with its AI Apps accessible through the Compass API platform. The integration will
As the MENA region gears up for the highly anticipated FIFA World Cup 2026™, talabat, the region’s leading everyday delivery app, has announced a strategic partnership with TOD by beIN, the exclusive streaming platform for the tournament, to bring fans a more seamless and rewarding match-day experience from home. Starting today, talabat users who subscribe […]
Abu Dhabi is entering a pivotal phase in its real estate journey, emerging as one of the UAE’s most compelling destinations for both end users and investors heading into 2026. With the capital’s population forecast to exceed 6 million by 2040, this growth is expected to support sustained long-term demand for housing and urban infrastructure. […]
The recent cryptocurrency market sell-off, which triggered approximately $1.6 billion in liquidations over the past 24 hours, represents the largest deleveraging event in the crypto market since February. However, underlying market data suggests the correction is being driven primarily by retail investors and leveraged traders rather than long-term holders, according to
Rubrik (NYSE: RBRK), the Security and AI Operations Company, today announced it has been granted access to Anthropic’s Mythos Research Preview as part of Project Glasswing. An important next step in the evolution of AI and cybersecurity, Rubrik is testing this advanced frontier AI defensively to identify, vet, and patch potential software vulnerabilities across the […]
Group-IB, a leading creator of predictive cybersecurity technologies to investigate, prevent, and fight digital crime, has uncovered a massive, sophisticated fraud ecosystem actively targeting the upcoming 2026 FIFA World Cup. Leveraging its predictive threat and fraud intelligence capabilities, Group-IB researchers identified and tracked the campaign infrastructure months





























