Commodities: Following several weeks of widespread buying across most commodities and sectors, hedge funds began to exhibit signs of caution, adopting a more selective approach during the week leading up to 18 February. This period saw the Bloomberg Commodity Index climbing by 1.6% to reach a
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.
IFS, the leading enterprise cloud and Industrial AI software provider, announces that it has been positioned as a Leader in two IDC MarketScape reports: the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Manufacturing ERP Applications 2024–2025 Vendor Assessment (doc #US51752524, December 2024), and the IDC MarketScape: Worldwide Remanufacturing Management Software 2024
Buccellati is proud to announce the opening of its first boutique in the Kingdom of Saudi Arabia at Solitaire Mall, Riyadh’s newest luxury destination. Bordered by King Abdulaziz Road, Al Imam Saud Ibn Faisal Road, and Al Thumamah Road, this prime location offers sweeping views to the south, showcasing the prestigious King Abdullah Financial District. […]
Giftify, the market leader in gift card management solutions, has officially launched its cutting-edge gift card program for Al-Futtaim’s flagship shopping destinations in Dubai: Dubai Festival City Mall and Festival Plaza, Jebel Ali. This collaboration between Giftify and Al-Futtaim represents a first step toward modernising gift card programs in Dubai, creating new
This Ramadan, Barceló Hotel Group invites guests to embrace the spirit of togetherness with thoughtfully curated Ramadan experiences and exclusive stay offers across its regional and global properties. From the cityscapes of Dubai and Sharjah to the tranquil shores of Oman and the Maldives, each destination provides a welcoming setting for quality time and memories […]
A record 75% of residents are expecting a bonus in 2025, according to a new survey by YouGov commissioned by Zurich International Life Limited in the UAE. This jump from 68% in 2024 reflects not only increasing optimism but also a shift in financial behaviour—one that suggests a growing focus on strategic planning leading to […]
Axis Communications, the leading manufacturer of network security and surveillance solutions, has introduced free text search in AXIS Camera Station Pro, a powerful video forensic tool that allows users to search using their own words. This enhances flexibility and accelerates investigations when searching for moving objects in large amounts of recorded video. The
Mr. Mirwais Azizi, Founder and Chairman of Azizi Developments, a leading private developer in the UAE, has donated AED 3 billion, the largest charitable contribution ever made by a private entity in the United Arab Emirates, to the Fathers’ Endowment campaign, an initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President […]
Esri, the global market leader in location intelligence, is launching Content Store for ArcGIS, a new web app that simplifies the process of purchasing and integrating commercial satellite imagery. This app, developed by Esri and SkyWatch, allows organizations to buy high-quality imagery from Esri’s cornerstone partner, Maxar, as well as other leading providers.
The International Criminal Court (“ICC”) should investigate former U.S. officials President Joe Biden, Secretary of State Anthony Blinken, and Secretary of Defense Lloyd Austin for their accessorial roles in aiding and abetting, as well as intentionally contributing to, Israeli war crimes and crimes against humanity in Gaza, said DAWN in a
Fermion Protocol, a decentralized protocol enabling fractional ownership and verified exchange of high-value real-world assets (RWAs), launches as a key infrastructure player in the growing RWA tokenization space, with an initial focus on the luxury sector. By fractionalizing its first asset for community-driven ownership, the $1 million Dolce & Gabbana Glass Suit,
This Ramadan, LG Electronics (LG) invites you to gather around for My Happy Place, a heartwarming mini talk show hosted by the renowned Hala Kazim.Premiering Sunday, March 2 at 10 PM, the series celebrates the essence of Ramadan, exploring the meaningful connections and traditions that make the Holy month so special.The three episode of My […]
Z Capital Group (“ZCG”) today announced it has signed an extension to continue as a Team Partner with Scuderia Ferrari HP through the 2026 Formula 1 season. Since the collaboration began in 2023, ZCG has driven innovative initiatives that engage Scuderia Ferrari HP (and Formula 1’s global) fan base in new and creative ways, and […]
SES is partnering with Quvia, the AI-powered quality of experience (QoE) platform formerly known as Neuron, to advance SES’s multi-orbit connectivity solutions by enhancing network orchestration capabilities. The collaboration combines SES and Quvia technologies to intelligently manage network resources and adapt dynamically to customer demand, driving enhanced
Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault”), a leader in sustainable, grid-scale energy storage solutions, today announced the start of construction of a 200 MW/2 hour battery energy storage system being deployed at ACEN Australia’s New England Solar project. Energy Vault leaders were joined by representatives from ACEN Australia, elected
The UAE Ministry of Energy and Infrastructure, in collaboration with Lootah Biofuels, a leader in the circular economy, has launched an initiative to collect used cooking oil in designated containers for conversion into biofuel. This initiative aligns with the Ministry’s efforts to accelerate the transition towards renewable and clean energy sources and achieve the UAE’s
Panasonic Marketing Middle East & Africa FZE (PMMAF) has announced the opening of its new branch office in Riyadh, Saudi Arabia, marking a significant step in strengthening its presence in the Kingdom. This expansion reinforces Panasonic’s commitment to delivering premium, high-quality products and solutions while fostering closer collaboration with its distributors
His Excellency Dr. Ahmad Belhoul Al Falasi, Minister of Sports, attended the football competition of the second edition of the UAE School Games, where he witnessed the strong competitive spirit of the participating student teams representing schools from various emirates across the country. The championship aligns with the UAE’s national efforts to enhance school sports,
His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, attended the official launch of Aqari, the emirate’s integrated digital platform for real estate services, on Monday morning. Developed by Sharjah Digital Department (SDD), the platform brings together over 20 local and federal government entities to digitise and […]
Redefining the future of interior design, Kashish Sajnani, founder of The House of Kalaa, introduces Design on Wheels—the UAE’s first mobile interior design studio, offering a seamless and personalized experience at clients’ doorsteps. Officially launched on Monday, 24th February 2025, this pioneering concept eliminates traditional barriers by bringing expert design





























