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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

COT Report: Speculators slash commodity longs to 11-month low, gold remains dominant – Saxo Bank

Commodities In the week to August 5, several major developments drove positioning changes across key commodities. Trump’s abrupt reversal on copper tariffs triggered a 22% slump in New York prices, prompting funds to halve their HG copper net long. In energy, OPEC+’s continued production increases—potentially into a softening demand period—pressured crude oil, while fading
NEWS DESK

St. James’s Place Releases July 2025 CIO Quarterly Insights, Highlighting Diversification and Long-Term Strategies for Investors in the Middle East

St. James’s Place (SJP), a FTSE-listed global financial advisory firm with over one million customers and $245 billion in assets under management, released the July 2025 edition of its CIO Quarterly Insights, titled “Red Caps and the US Concentration Conundrum”. The latest insights, authored by Angelina Lai, Chief Investment Officer for Asia & Middle East, […]
NEWS DESK

Years of pain, one breakthrough: Emirati man spared lifetime of incontinence after UAE’s first endoscopic rectal tumour removal

Medcare Royal Specialty Hospital has achieved a global medical milestone, successfully performing the first-ever full-thickness endoscopic rectal tumor removal followed by advanced endoscopic hand suturing. This ultra-complex procedure, carried out by Dr. Mohamed Abdelhafez, Head of the Gastroenterology and Endoscopy, Advanced Endoscopy Department at Medcare Royal
NEWS DESK

Leading construction and design firm DMDC announces Abu Dhabi expansion with luxury project at Four Seasons Residences

 DMDC – a leading name in construction and interior design – recently announced its official expansion into Abu Dhabi, a move that signifies both strategic growth and a commitment to innovation across the Emirates. This exciting new chapter begins with an exclusive luxury renovation project at the prestigious Four Seasons Residences, a property that reflects […]
NEWS DESK

Nisus Finance and BNW Developments partner on Dh150 million ready-to-occupy residential project in JVC

Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully owned subsidiary of Nisus Finance Services Co Limited (NiFCO), announced a strategic partnership with the UAE’s leading developer BNW Developments that is set to redefine the real estate experience for end-users and investors alike. NiFCO Dubai has launched the Nisus High Yield Growth Fund Closed-Ended IC,
NEWS DESK

Millennium Hotels & Taiba Elevate Hospitality in Madinah with Strategic Relaunch of Al Aqeeq and Taiba Properties

Millennium Hotels and Resorts Middle East & Africa, in partnership with Taiba, a Saudi forward hospitality company proudly announces the relaunch of two iconic properties in the heart of Madinah: Millennium Al Aqeeq and Millennium Taiba. Strategically located steps from Al-Masjid An-Nabawi, both properties offer a spiritually enriching stay experience
NEWS DESK

Statement by H.E. Ahmad Saeed bin Meshar Al Muhairi,SLC Secretary General, on International Youth Day

“International Youth Day serves as a powerful reminder of the essential role young people play as key partners in driving socio-economic development towards new avenues. It also underscores the need to address the challenges that hinder the engagement of younger generations and to ensure they are fully equipped with the tools and opportunities necessary for […]
NEWS DESK

Cloudera Data Services Brings Private AI to the Data Center

Cloudera, the only company bringing AI to data anywhere, today announced the latest release of Cloudera Data Services, bringing Private AI on premises and giving enterprises secure, GPU-accelerated generative AI capabilities behind their firewall. Concerns about keeping sensitive data and intellectual property secure is a key factor for what holds back AI adoption from
NEWS DESK

A Taste of Italy Every Monday at The Strand

The Strand, a laid-back Mediterranean-inspired restaurant located on Palm Jumeirah’s marina, is bringing a taste of Italy to the start of every week with its new ‘Italian Mondays’ dining experience. With panoramic waterfront views with a relaxed vibe, and a menu full of handcrafted goodness, The Strand is the perfect place to ease into the