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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

Arada launches Elmhurst, final phase in its flagship Fulton & Fifth development at Wembley Park in London

Arada is launching sales at Elmhurst, the third and final phase of its landmark Fulton & Fifth development in Wembley Park, one of London’s fastest-rising neighbourhoods. The launch, which will take place at the One&Only One Za’abeel in Dubai between 21-23 November, marks the first UK project unveiled by Arada following the company’s acquisition of […]
NEWS DESK

Hitachi Rail awarded by Hassan Allam Construction and Arab contractors JV to deliver the rail systems of first modern tramway in Egypt

Hitachi Rail has been awarded a contract by Hassan Allam Construction and Arab Contractors JV to modernize and upgrade Alexandria Raml Tram transforming it into a reliable, efficient, and digitally enhanced transport system. To enhance both reliability and operational efficiency, Hitachi Rail will deliver advanced signalling and communications systems (fixed and wireless
NEWS DESK

UAE national team raises medal tally to ten at World Youth Jiu-Jitsu Championship in Thailand

The UAE under-18 girls’ jiu-jitsu national team, sponsored by Mubadala Investment Company, delivered a strong performance at the 2025 World Championship (U16, U18, U21), taking place in Bangkok, Thailand, from November 10 to 14. The Emirati girls impressed on Tuesday, adding four more medals to the country’s tally, including one gold, one silver and two […]
NEWS DESK

Banks accelerate AI-driven transformation and digital currency adoption to power UAE’s economic growth, say experts at Finnovex ME 2025

The convergence of AI, blockchain, and digital currencies will become the foundation for the next era of financial services, say experts at the two-day Finnovex Middle East 2025 summit, being held in Dubai. Experts agreed that these technologies represent a structural shift toward secure, intelligent, and customer-centric banking ecosystems and are expected to redefine
NEWS DESK

Gold Hits 3-Week High ; Equities Rally on Shutdown Optimism – Comments from Vijay Valecha , CIO – Century Financial

US Markets  Yesterday’s session brought a sizeable risk-on rally, as indices rose following the Senate’s passage of legislation to end government shutdown. The S&P 500 was up +1.54%, while the Nasdaq surged higher by 2%. While the early trading today shows some modest weakness in the indices, this reflects profit-taking activity, rather than renewed risk
NEWS DESK

Britain braces for a make-or-break Autumn Budget

The absence of most macroeconomic data releases out of the global economy’s leading character means that it has been more difficult than usual to ascertain where we stand. The ongoing US government shutdown is now the longest in US history, with betting platform Kalshi now suggesting that it could extend to an unprecedented 49 days. […]
NEWS DESK

Orient Insurance Sustains Strong Growth Trajectory with Outstanding Q3 2025 Financial Results

Orient Insurance, the UAE’s leading insurance provider and a subsidiary of Al-Futtaim, announced another quarter of exceptional performance, reinforcing its position as one of the most resilient and profitable insurers in the region. The company delivered strong results across all key financial indicators for the first nine months of 2025, reflecting continued operational
NEWS DESK

FIA PRESIDENT MOHAMMED BEN SULAYEM MEETS WITH FRENCH PRESIDENT EMMANUEL MACRON IN PARIS

FIA President Mohammed Ben Sulayem has met with French President Emmanuel Macron to reaffirm the historic partnership between France and the Fédération Internationale de l’Automobile (FIA). The meeting yesterday highlighted shared priorities across motorsport, road safety, mobility, and the protection of young people online. With the FIA’s headquarters situated in Paris,
NEWS DESK

ATLAB introduces AI-powered Smart Performance Trackers, bringing digital intelligence to health and physical education in UAE

ATLAB, a leading educational solutions provider in the Middle East and a subsidiary of Centena Group, introduced its new AI-powered Smart Performance Trackers during GESS Dubai 2025 to redefine Health and Physical Education (HPE) in UAE, by integrating cutting-edge digital technologies. The new solution is part of ATLAB’s Biomedical Solutions market segment, which was
NEWS DESK

Kaspersky: Beware of Singles Day 11.11 sale fraud in 2025

In view of the ongoing Singles Day 11.11 sale campaigns worldwide, Kaspersky warns about scam and phishing targeting online shoppers in 2025. Fake websites mimicking large e-commerce platforms are stealing payment data, confirming orders that will never arrive, and draining victims’ accounts. Users typically get links to fraudulent websites via email or through ads on […]