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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.

NEWS DESK

Optimistic GDP Forecasts Set at 4.1% by World Bank

It looks like resilience is going to be the predominant headline for UAE’s economic outlook in 2025, after the country managed to maintain its economic and financial stability despite the ongoing regional turmoil. Key factors driving this resilience include strong consumer spending, record growth in foreign direct investment (FDI) and successful economic diversification
NEWS DESK

Mecomed Joins Global Harmonization Working Party (GHWP)

Mecomed, a Medical Technology Association in the Middle East and Africa, has joined forces with the Global Harmonization Working Party (GHWP) as a Liaison Member. This powerful alliance marks a major milestone in advancing medical device regulation, accelerating efforts towards global regulatory convergence and harmonization, and ultimately transforming healthcare
NEWS DESK

Amsa Hospitality Academy Partners with King Khalid University for Graduate Training Program

Amsa Hospitality Academy is delighted to announce a new partnership with King Khalid University for the launch of a joint training program. Launched in November, an inaugural cohort of 20 university graduates has begun vocational training at the soon-to-open Mercure Khamis Mushait, the first internationally branded hotel in the Aseer Province city of Khamis Mushait. […]
NEWS DESK

Türkiye Vakıflar Bankası T.A.O. signs ~ USD 870 million equivalent Dual Currency Sustainable Term Loan Facilities

Türkiye Vakıflar Bankası T.A.O. (“Vakifbank” or the “Bank”), the second largest bank in Türkiye in terms of asset size since YE2020, is pleased to announce the successful signing of its 367-day USD 518,500,000 and EUR 331,400,000 Sustainable Term Loan Facilities on 25 November 2024 (“Facilities”). Proceeds of the Facilities will be used to finance convenient […]
NEWS DESK

Engel & Völkers Middle East Reports 15.4% Residential

Dubai’s real estate market continued to demonstrate remarkable resilience and robust growth in November, with the residential sector achieving a 15.4% year-over-year increase and the commercial market recording a total sales value of AED9.2 billion, according to the latest report from Engel & Völkers Middle East, a leader in premium residential and commercial real