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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

Proactive Comments from Saxo Bank: Fed Rate Cut Decision

‘ The U.S. Federal Reserve’s decision to cut its benchmark rate by 25 basis points to 3.50%–3.75% has injected fresh optimism into global equity markets, though the tone remains cautious. U.S. indices such as the S&P 500 and Nasdaq rallied near record highs, supported by lower discount rates that favor long-duration growth sectors like technology […]
NEWS DESK

LIVEABILITY NOW KEY IN DUBAI’S LUXURY REAL ESTATE MARKET

The competitive edge in Dubai’s luxury real estate market, often defined by global brand names, has shifted towards quality of life as the flow of wealthy buyers from around the world continues.   MAG Lifestyle Development, developers of Keturah Reserve in Dubai, say they designed the AED3 billion pioneering bio-living development at Meydan around a […]
NEWS DESK

YAS MARINA CIRCUIT TO WELCOME BACK TOP ENDURANCE RACERS FOR GULF 12 HOURS WITH WILLIAMS’ F1 PRINCIPAL JAMES VOWLES SET TO COMPETE

Williams’ F1 Team Principal, James Vowles, will be behind the wheel at the Gulf 12 Hours as Yas Marina Circuit prepares to welcome top international and regional endurance competitors this weekend with tickets still available to enjoy the on and off-track entertainment. Vowles will line up in the McLaren GT3 EVO for Garage 59 and […]
NEWS DESK

RAKEZ wins silver award for Best Waste Diversion Initiative at Middle East Waste & Recycling Awards 2025

Ras Al Khaimah Economic Zone (RAKEZ) has achieved a significant sustainability milestone by winning silver award for Best Waste Diversion Initiative – Government Sector category, at the Middle East Waste & Recycling (MEWAR) Awards 2025. The recognition reflects the organisation’s leadership in reducing environmental impact and promoting a circular economy across its
NEWS DESK

Mashreq Capital Appoints Andreas Anthis as Head of Multi-Asset & Absolute Return Strategies

Mashreq Capital (DIFC) Limited (“Mashreq Capital”), a leading asset manager based in DIFC since 2005, has announced the appointment of Andreas Anthis as Head of Multi-Asset & Absolute Return Strategies, further reinforcing the firm’s ambition to build institutional-grade asset-management capabilities and expand its utility across the entire investment value chain. In
NEWS DESK

Samsung and Amazon collaborate to enhance digital customer experiences across the UAE and Saudi Arabia

Samsung Electronics MENA and Amazon, have signed a Memorandum of Understanding (MoU) advancing their ongoing collaboration to enhance the customer experience, deepen digital integration, and deliver meaningful value through innovation and convenience in the UAE and Saudi Arabia. As part of the MoU, Samsung and Amazon will work together across several key areas to
NEWS DESK

Aster Volunteers commit to operate 100 Mobile Medical Units Across Middle East, Africa, and South Asia by 2027

On the occasion of its 39th Foundation Day, Aster DM Healthcare, through its global CSR arm Aster Volunteers, has announced a landmark commitment to expand its humanitarian footprint across the Middle East, Africa, and South Asia. The organization aims to establish 100 Aster Volunteers Mobile Medical Services (AVMMS) units by its 40th anniversary on December […]