Turkish Airlines, in an Unparalleled Move, Are to Include Far East Flights: Despite the calibre and quality of services provided, the Turkey government is steadily directing its airlines to add more routes to the far East of its territory. This move by the government was strategic to attend to
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.
Faisal Bin Farhan, Saudi Arabia’s Minister of Foreign Affairs, is Set to Represent the Country at the Arab League Summit: The Minister of Saudi Arabia’s Foreign Affairs, Faisal bin Farhan, is set to represent the country at the Arab League Summit. He will act in the place of the Kingdom’s crown prince, Mohammed bin Salman. […]
Saudi Arabia Begins Extensive Work on its Vertical City – The Line Saudi Arabia has topped its efforts to birth a sustainable planet Earth by beginning the construction of its vertical city – the Line. The city is one of the many projects the kingdom has initiated in its climate action endeavours to achieve its […]
The ispace Mission 1 (M1) lunar lander, carrying government and commercial customers’ payloads – including the UAE’s (MBRSC) Rashid rover and a Japanese (JAXA) rover to the surface of the Moon – has arrived in Cape Canaveral, Florida, from Germany and is set to launch on a SpaceX Falcon 9 rocket on November 22, 2022. […]
The United Arab Emirates has expressed complete displeasure about the acting head of mission of the European Union, Joseph Borrell, statements. The country considered the message to be racist, discriminatory, and inappropriate. The UAE has summoned Joseph Borrell for an explanation of his comments. What are the Details of Joseph Borrell’s Remarks The European Union
The United Arab Emirates has declared its full support for Saudi Arabia in its quest for global energy stability, security, and world peace. This news follows the bitter lash back by some countries about OPEC+’s decision to cut oil production to two million barrels daily. Why has the UAE Chosen to Stand by Saudi Arabia […]
In an unprecedented move, the South African government and Saudi Arabia have entered into a Memorandum of Understanding valued at $17 billion. The MoU is to establish collaboration and economic partnership between both countries in line with Saudi Arabia’s vision for 2030. What are the Specifics of the MoU Agreements The President of South Africa, […]
Miami will be the focus of the international data protection and IT industry this November, when the ‘Acronis #CyberFit Summit 2022’ is held in the US state for the world’s leading cyber protection, hosting and IT MSPs. Taking place at the iconic luxury Fontainebleau Miami Beach hotel in Miami, Florida, from November 7-9, 2022, the […]
Saudi Arabia recently announced its intent to provide $400 in humanitarian aid to Ukraine to mitigate the effects of the ongoing war. This support follows significant accusations in Saudi Arabia for politicizing oil production after the proposed reduction by OPEC+ members. Why Did Saudi Arabia See the Need to Provide Humanitarian Support in Ukraine The […]
The UAE government has entered into a visa-free travel agreement which grants Japanese citizens free entry into the Emirates. The visa-free program is to kick off on November 1 2022. Both countries’ agreements foster tourism and business between their territories. What are the Details of the Visa-Free Entry into the Emirates The UAE will launch a vis-free […]
In a bid to advance respective national development, the UAE and Russia have initiated bilateral cooperation to boost the tourism sector, trade volume, and economic development. This move comes at a time when both countries are working eagerly to ensure regional security and stability. All You Need To Know About The Bilateral Development Sheikh Mohammed […]
Following the OPEC+ announcement for countries to reduce oil production to two million barrels daily, Saudi Arabia has moved to cut down its oil production. This move comes a little after the President of America, Joe Biden, visited the country to request for oil production increase. What are the Specifics of the Oil Cut In a […]
A physical Bitcoin (BTC) ETP is set for debut in Dubai. This unprecedented move aims to attract investors and further boost the Middle East’s keenness and receptiveness of cryptocurrency and other related products. What are the Details of the Listing? Cryptocurrencies are traditionally known for their digitalized and intangible nature, hence their widespread appeal.
Dubai recently announced that the General Directorate of Residency and Foreigners Affairs (GDRFA) would provide all its services through online platforms, specifically biometric authentication. As soon as all things necessary are put in place, residents can steer clear of physical verification processes when going in and out of the country. Why has Dubai Implemented a
Why Tech Companies in the Middle East Are Making Esgs a Priority Today : Environmental, Social and Governance (ESG) investments have gained momentum across companies. The principles offered by ESGs have helped investors and CEOs maintain a conscientious approach to running their companies. These principles are achieved by presenting a form of investment that prioritizes
The Public Investment Fund (PIF) of Saudi Arabia has officially executed its first green bond issuance. The sovereign wealth fund announced that it raised about $3 billion from the issuance, and the proceeds will be used to fund sustainable projects. The PIF sold 100-year green bonds at a yield of about 6.7%. However, two other […]
The Arabian Gulf region is expected to play a lead role in enabling Milestone Systems to more than double its global revenue in the next 5 years as the region quickly embraces and deploys smart video technology on an immense scale. In an exclusive interview with MENews247 at the Milestone Partner Summit (MIPS 2022) held […]
Days ago, the Saudi Arabian and Qatari governments reviewed a joint business strategy targeted at the private sector. Khalid Al-Falih, Saudi Arabia’s Minister of Investment, engaged members of the Saudi-Qatari Business Council on the progress made regarding establishing strong private-sector ties in both countries. The meeting was held in the headquarters of the
Remittance is the sending of money by a migrant to his home country via electronic transfer, cheques, or drafts. In 2019, about 800 million people in the world received remittances. However, even though many people are recipients of international remittances, the industry is still fraught with issues that do not make international remittances as beneficial as […]
Bahrain Attracts $921 Million FDI in the First Nine Months of 2022 : Bahrain recently announced that it attracted $921 million in Foreign Direct Investment over the first nine months of this year. The Bahraini Economic Development Board (EDB) made a detailed announcement last week. This development comes after Bahrain recorded an $88 million revenue surplus in the […]
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Dubai, AE
1:00 am,
February 22, 2025
23°C
clear sky
