Oil prices have fallen sharply this week as the market increasingly senses that both Washington and Tehran are looking for an exit ramp from a conflict that has inflicted a heavy economic cost on both sides. Brent crude trades near USD 86 per barrel, extending its three-day decline to around
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.
Dubai-based martial arts and holistic education network GMNSM has raised $2 million in funding from investment firm VEYRA Capital, whose portfolio includes companies such as Dwelly, ZINIT and DVC, as well as a private investor. The investment will support the company’s first jiu-jitsu academy in Riyadh and the launch of its first European location in […]
Dehydration in the UAE summer is usually associated with people working outdoors or spending time in the heat. But residents spending long hours indoors in air-conditioning could also be at risk of inadequate hydration – simply because they may not feel thirsty enough to drink, warns a UAE urologist. While air-conditioning provides welcome relief from […]
Saur Saudi Arabia, a part of global water solutions leader Saur, signed a Memorandum of Understanding (MoU) with Nesma & Partners, a leading Saudi engineering and construction company, to collaborate on a strategic water infrastructure opportunity supporting Saudi Vision 2030. The agreement was formalised during the French-Saudi Investment Roundtable Meeting, held in
Today, Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research agent, more than 50 new skills with specialized agentic instructions for financial roles and workflows, enterprise data connectors, an expanding third-party agent
Policybazaar.ae has signed a strategic partnership with SAAED for Traffic Systems LLC, through Emirates Vehicles Gate (EVG) platform, to broaden access to insurance solutions across the UAE. Through the collaboration, Policybazaar.ae will expand its distribution reach by making its insurance offerings available through EVG, alongside other government and non-government
Arabian Gulf Properties said the strong performance recorded by Dubai’s construction sector during the first half of 2026, including a 37.4% year-on-year increase in the number of licensed buildings, reflects continued momentum in urban development and sustained confidence in Dubai’s real estate market. According to Dubai Municipality data, the number of licensed buildings
FOO, an award-winning B2B fintech solutions provider headquartered in the UAE, has marked a new stage in its long-standing partnership with BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions services. The collaboration has supported the continued development of BenefitPay, the Kingdom of Bahrain’s National Wallet.
Equitativa today reported positive financial results for the first half of 2026, with net property income increasing 20% year-on-year to USD 40.4 million for the period ended 30 June 2026. A continued focus on portfolio management and operational efficiency helped deliver strong results for Emirates REIT, with high occupancy levels, increased property income and reduced
The International Code Council (ICC) is set to participate as an exhibitor at Big 5 Construct Saudi 2026, taking place from August 30 to September 2, 2026, at the Riyadh Front Exhibition & Conference Center. As Saudi Arabia’s construction sector continues to expand in scale and complexity, the effective application of building codes, standards and […]
Some traditions stay close to the heart because of the memories they carry with them. The excitement of choosing a Rakhi, the sweets waiting on the table, the teasing between siblings and that one quiet moment when a thread is tied around the wrist with love, blessings and a promise to always be there for […]
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Uzbekistan Business Council. The new council aims to strengthen cooperation between the business communities in Dubai and Uzbekistan, support the growth of trade and investment ties, and expand opportunities for collaboration across
Dubai’s decision to introduce a unified workforce productivity measurement system across government entities marks a significant shift in how organisations assess performance, placing emphasis on meaningful outcomes. The move comes as workplaces across the UAE continue to evolve, with artificial intelligence, automation and new digital tools changing how employees
Ras Al Khaimah Economic Zone (RAKEZ) has welcomed Maison Management, a culinary and hospitality company founded by award-winning Indian celebrity Chef Ishijyot Surri in partnership with multi-sector investor and entrepreneur Sameer Musale, to its growing F&B business community. The company will serve as the regional base for Surri’s expansion into the UAE, beginning
IFS, the leading provider of Industrial AI software announces its participation at LEAP 2026, taking place from 31 August–3 September 2026 in Riyadh, Saudi Arabia. IFS will demonstrate how Industrial AI creates value in work environments and supports organizations to move beyond experimentation and generic AI to achieve measurable outcomes in the real world. IFS […]
Czechia is strengthening its position as one of Europe’s most compelling travel destinations for travellers from the GCC, following new data that identifies the country as the fastest-growing booked destination among Europe’s top markets. According to the Travel Insights 2026: Focus on Europe report by Amadeus Travel Intelligence and UN Tourism, Czechia recorded 18%
Make the most of the UAE long weekend with four days of Happy Hour, brunches, quiz nights, live music, Sunday Roasts and live football across McGettigan’s venues in Dubai. From kicking things off early on Wednesday night all the way to a relaxed Sunday afternoon before the working week begins, here’s what’s happening: Wednesdays, starting […]
OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, opened its first India-based office and CIP lab in Bengaluru. Customers and partners in the region can now access local engineering and sales support faster and visit the lab to test defenses against live attack scenarios in IT and operational technology (OT) environments. The […]
SHEIN is finally coming to market After failed attempts to list in New York and London, Singapore-headquartered SHEIN is finally preparing to make its stock-market debut in Hong Kong. The fast-fashion retailer is offering 280 million shares at HK$47.60–HK$49.50 each, seeking to raise as much as HK$13.9 billion, or around US$1.8 billion. Trading is […]
KARTY LLC, Qatar’s leading digital wallet and payment startup, has received Visa’s FinTech Innovation Award, recognising its work to advance digital payments and money management services in Qatar. The award follows KARTY’s launch of Qatar’s first Visa card provided by a licensed fintech, marking an important step for the company as it moves from […]





























