Last year saw the second highest global CFO turnover on record*, driven by investor activism, supply chain disruption, inflation and changing regulation. As a result, 2024 saw CFOs leaving listed firms for opportunities in private equity, to join boards or retire. Russell Reynolds Associates’
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.
As Bitcoin’s value continues its upward trajectory, Mining Grid, a leading provider of blockchain and Bitcoin solution is set to launch ‘Cores Racing’, an innovative system designed to make Bitcoin mining more competitive, fair, and rewarding in April. Cores Racing builds on the success of Mining Race, Mining Grid’s pioneering platform, which has attracted over […]
UAE head-quartered hospitality brand TIME Hotels has announced the promotion of Soumitra Saha to the position of Chief Financial Officer as the hotel group expands its senior management team, in line with the company’s ambitious growth pipeline throughout the Middle East and Indian Ocean. A chartered accountant with over 35 years of experience in the […]
Rove Hotels, the homegrown lifestyle hospitality brand, is thrilled to announce the opening of its newest property, Rove Al Marjan Island. Situated on the idyllic beachfront of Al Marjan Island in Ras Al Khaimah and just an hour from Dubai, Rovers (guests) can enjoy the familiar, fuss-free Rove service with an added element of sun-kissed […]
AVEVA, a global leader in industrial software driving digital transformation and sustainability in industries, today announces the appointment of Sébastien Ory, 48, as EMEA VP in charge of the partner and distributor network. VP of AVEVA Southern Europe since 2022 and President of AVEVA France since 2023, Sébastien now replaces Karine Calvet while remaining President […]
Johnson Controls (NYSE: JCI), the global leader for smart, safe, healthy and sustainable buildings, has expanded the availability of its industry-leading YORK® YVAM air-cooled magnetic bearing chillers to the Middle East, addressing the surging demand for efficient and sustainable cooling solutions in the region’s fast-growing data centre market. As artificial intelligence
At the heart of Kia Middle East & Africa’s success lies trust, loyalty of its customers, and an unwavering commitment to quality. To celebrate this enduring bond, Kia is spotlighting remarkable real-life stories from its community of devoted drivers. One such story is that of Abdulmajeed Albadrani, an avid road-tripper from Madinah Saudi Arabia, whose […]
Whether in the chemicals, transportation, steel, or energy industries, there is enormous potential for decarbonization if hydrogen is used as an energy source – especially if it is produced using renewables. With an expected global capacity of 100–170 gigawatts by 2030, electrolysis is a strategic growth field for Bosch, despite the slowdown in the ramp-up […]
OnWorld Health Day, Cinfa highlights the importance of promoting healthy lifestyles to prevent and manage various diseases, while it remains committed to developing high quality, accessible and effective treatments that address key healthcare challenges worldwide. To this end, the company always collaborates closely with healthcare professionals to understand and address
As thousands of Damask roses begin their spectacular annual bloom across the terraced mountain slopes of Jabal Akhdar from late March through May, a centuries-old tradition comes to life once again. Come and witness a breathtaking journey through three traditional villages of Jabal Akhdar, where visitors can witness the entire rose process from harvest to […]
INEOS Automotive has launched a bold advertising campaign to clearly differentiate the Grenadier 4X4 from the regular school-run SUVs and soft-roading crossovers. While respecting various rival manufacturers for their success in those segments, the Grenadier was engineered to follow a different trail. The lead advert being activated in social media and on out-of-home
In its third edition, the Machines Can See Summit—recognized as the largest computer vision event and a leading AI gathering in the Gulf region—has garnered support from several prominent organizations, including Digital Dubai, Yango Group (known for its Arabic voice assistant and delivery robots), Mohamed bin Zayed University of Artificial Intelligence (MBZUAI),
The Middle East Public Relations Association (MEPRA) has officially opened entries for the 17th Annual MEPRA Awards, the region’s most prestigious celebration of excellence in public relations and communications. Organisations from across the Middle East, including agencies, corporations, government entities, and non-profits are invited to submit their most impactful work.
RoyalJet, the Abu Dhabi-based global premium private jet operator, has announced the appointment of Rakesh Raj, a seasoned finance and auditing expert as its new Vice-President for Finance. Raj joins RoyalJet for the first time, bringing with him an impressive professional background and a wealth of expertise in the aviation industry, both within the UAE […]
Hospitality Management Holding (HMH) is pleased to announce the promotion of Haytham Abdelaziz to the role of Chief Operating Officer (COO). With his proven leadership and operational excellence, Haytham has played a pivotal role in driving HMH’s success. In his new role, Haytham will oversee the execution of key initiatives, ensuring optimal performance across the […]
Axis Communications, the leading manufacturer of network security and surveillance solutions, has announced AXIS D6210 Air Quality Sensor and AXIS D6310 Air Quality Sensor, the company’s first environmental sensors. The new sensors seamlessly integrate with existing Axis solutions to monitor multiple indoor air quality parameters, enabling efficient and appropriate
In a world increasingly threatened by water scarcity, Thomas Deng Mahmoud Schumann stands as a visionary leader integrating finance with environmental stewardship. As the Founder and Managing Partner of Thomas Schumann Capital, Schumann has redefined the role of capital markets in addressing global water challenges, with a clear focus on achieving United Nations
7X, the UAE-based investment and holding group in the trade, transport, and logistics sectors, announced the appointment of Tariq Ahmed Al Wahedi as its new Group CEO, following Board approval. The appointment comes as part of the Group’s evolution and ongoing organisational and operational transformation across 7X and its subsidiaries, designed to strengthen its local
Azizi Developments, a leading private developer in the UAE, proudly marks its eighth consecutive year sponsoring the Dubai World Cup (DWC), now in its 29th edition. The $1.5 million, 1,200-meter G1 Al Quoz Sprint, which is the fourth race on the card, has been sponsored by the developer since 2017. The Al Quoz Sprint, introduced […]
Dubai’s real estate market has exhibited substantial growth in the first quarter of 2025, according to the latest analysis by Springfield Properties. The sector recorded a total transaction value of AED 114.08 billion, marking a 29.19% increase compared to the same period in 2024, with 42,269 transactions completed – a 23.11% rise year-on-year. Off-plan properties





























