As part of its participation in IMEX Frankfurt 2026, the Ajman Department of Tourism, Culture & Media signed a strategic partnership agreement with DERTOUR Group, during an official visit to the Group’s headquarters in Frankfurt, Germany. The visit was led by H.E. Mahmood Khaleel Alhashmi,
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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.
As thousands of UAE students prepare to begin university and head towards their future careers this summer, there is one challenge academic qualifications alone can’t address: the shift from being guided through school to thinking, adapting, and thriving independently. Designed for high school students, university goers, and young adults preparing for the early stages of
With Eid Al Adha just around the corner, whether you’re planning a family day out, a long-overdue spa reset, or a proper staycation that doesn’t require a passport. The Retreat Palm Dubai MGallery by Sofitel is offering two very compelling reasons to head to The Palm this Eid: Unlock Luxury — The Summer Staycation Offer […]
Nvidia reports after the US close on Wednesday, and it’s comfortably the biggest event of the week for global markets. Shares are up over 65% in the last 12 months, lifting its market cap close to USD$5.5 trillion. With that in mind, the bar is high. Consensus has revenue at USD$78.8 billion and adjusted EPS […]
Most of us still spend more time hunting for information at work than using it to get our jobs done effectively. Your work context is scattered across dozens of apps—emails, files, dashboards, Slack threads, and Jira tickets. AI has promised to help, but most tools only work within their own ecosystems or are not trusted […]
Commodities The BCOM Index gained 1.5% during the reporting week before US inflation-led market turmoil triggered end-of-week volatility across bond yields, the dollar, and not least key commodities, particularly recently strong-performing investment and industrial metals. During the reporting week, relatively stable, yet elevated, energy prices initially supported a
Governments that treat artificial intelligence as part of their core operating infrastructure — rather than a collection of standalone projects — are better positioned to scale AI sustainably across public services, according to new research published by Yango Group and INSEAD. The paper, AI as Public Infrastructure: Lessons from the UAE for Government Transformation,
MoneyHash, the payment orchestration platform for emerging and global markets, has appointed Hwan Lee as its new Regional Director for Africa. The strategic hire reflects MoneyHash’s continued expansion across high-growth African markets and its broader vision of helping businesses scale and manage complex payment operations across providers, methods, and markets in
This week, Pakistan successfully issued a 3-year RMB 1.75 billion panda bond in the Chinese interbank market for the first time. This milestone transaction not only broadened Pakistan’s international financing channels but also marked its first entry into the Chinese capital market. Standard Chartered (China) Ltd. Co, as the only foreign bank serving as joint […]
In a landmark moment for both the mobility and insurance sectors, Dubai Insurance has been appointed as the 1st official insurance provider for the newly introduced autonomous taxi fleet operated by Dubai Taxi Company, marking the first time regionally that a fully driverless commercial taxi fleet is insured under a dedicated framework. The announcement […]
In collaboration with Dubai Sports Council, Ski Dubai announced the winners of the seventh edition of DXB Snow Run, which took place on Sunday, 17 May. The unique event saw 1,000 athletes aged 13-70 from 70 nationalities, including 327 Emiratis, running either 3km or 5km on the slopes of the World’s Best Indoor Ski Resort. […]
For many drivers in the UAE, the delivery of a new car remains a memorable moment. Yet for premium automotive brands today, the real test of ownership begins long after the first drive home. In a market where design, technology and performance increasingly converge across manufacturers, the ownership experience itself is becoming a meaningful point […]
Deem Finance today announced the signing of a strategic partnership agreement with Yusr, a regulated fintech with an established track record in Kazakhstan, as Yusr expands its operations into the United Arab Emirates. The partnership marks another step in Deem’s broader strategy to collaborate with credible fintech innovators to build scalable, customer-centric and
U.S. Markets The S&P 500 ended last week marginally lower after hitting an all-time high of $7,516. On Friday, it fell 1.38% as bond yields around the world rose. The U.S. 30-year Treasury bond yield hit its highest level in around a year. The inflation data released last week makes the Federal Reserve cutting rates […]
SAS, a global leader in data and AI, today announced expansions to SAS® Viya® that advance the platform’s agentic AI features, introducing new AI assistants, agent infrastructure and acceleration tools. Together, these updates build on SAS Viya’s existing AI foundation, helping organizations move from isolated generative AI use cases to governed, production-ready
Government bond yields are rising across major economies including the US, UK, Europe and Japan, as investors reassess inflation risks amid higher energy prices, geopolitical tensions and growing fiscal pressures. The move higher in sovereign yields reflects increasing market acceptance that interest rates may remain elevated for longer than previously expected, despite
Coffee Planet has announced the promotion of Ahmed Khalifa to Sales Director, marking a strategic step in strengthening its leadership structure as the company accelerates its regional expansion across the GCC and beyond. As one of the region’s most integrated coffee solutions providers, Coffee Planet continues to scale its operations across horeca, retail, and corporate
MAGRABI Retail, the Middle East’s largest eyewear retailer, announces the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt. The transaction remains subject to customary regulatory approvals, including clearance from the Egyptian Competition Authority. Founded in 1979 by
Gulf Mercantile Exchange (“GME”) today announced the highest weekly trading volume in the history of the exchange, with more than 69052 contracts traded during the week of 11 May 2026, equivalent to 69 million barrels of Oman crude oil. The milestone marks the strongest trading week recorded on the exchange in two decades. It […]
Demonstrating excellence in advanced cardiac care, Aster Hospital, Al Qusais has successfully treated a 32-year-old man suffering from a severely narrowed heart valve caused by rheumatic disease (rheumatic mitral stenosis) using a highly specialized and innovative surgical approach known as the “Ship Technique.” This case highlights the hospital’s expertise in advanced





























