Zahid Group, one of Saudi Arabia’s leading diversified business groups spanning heavy equipment, energy, transport and manufacturing, and others, has selected Snowflake, the AI Data Cloud company, as the strategic foundation for its enterprise data and AI transformation, giving the Group
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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.
Khalifa Fund for Enterprise Development is delivering its ‘Future Entrepreneur’ Programme, in collaboration with Majalis Abu Dhabi in the Citizens and Community Affairs Office of the Presidential Court, across 31 Majalis throughout Abu Dhabi, giving young participants access to an interactive learning experience designed to foster an entrepreneurial mindset, build
Gold and Silver Gold and silver are trading higher today, with gold up 0.35% and silver up around 1% at the time of writing. Gold is holding above the $4,300 level after gaining around 7% last week, its strongest weekly performance since January. The move continues to be supported by softer US labor-market data, which […]
As the Gulf region enters the peak hot season, Bosch Home Comfort Group is highlighting the growing need for regional buildings to look beyond rated cooling capacity and assess how HVAC systems perform under real summer operating conditions. Within this context, Hitachi Cooling & Heating, part of Bosch Home Comfort Group, is drawing attention […]
The global paper and stationery industries are forecast to reach USD 294.53 billion and USD 218.12 billion, respectively, by 2030, according to Fortune Business Insights, underlining the continued evolution of one of the world’s most essential manufacturing and consumer goods sectors. Against this backdrop, Paperworld Middle East will return to Dubai World
OMODA & JAECOO has continued its remarkable global growth trajectory, reporting 69,739 vehicle sales in July 2026, an increase of nearly 150% year-on-year and marking the brand’s seventh consecutive month of triple-digit growth. New Energy Vehicles (NEVs) accounted for 56,587 units, representing more than 81% of total monthly sales, while cumulative global sales
flyadeal, the Saudia Group’s fast-growing low fare carrier, today announced Mumbai as its second gateway in India, opening bookings for non-stop flights between Riyadh and Mumbai beginning October 3, 2026. This builds on flyadeal’s recent entry into the Indian market as the airline inaugurated its service to Hyderabad on July 3, 2026. flyadeal will operate […]
KORO Development has announced the completion and handover of KORO One, the brand’s inaugural residential development. Completed in March 2026, with handovers commencing in June 2026, the milestone marks the beginning of KORO’s residential portfolio and the next chapter in ALTA Real Estate Development’s continued expansion across Dubai. Launched by
F5 (NASDAQ: FFIV), the global leader in delivering and securing every app and API, announced that F5 Distributed Cloud Web App and API Protection (WAAP), part of the F5 Application Delivery and Security Platform (ADSP), was placed in the Leader tier of SecureIQLab’s 2026 Cloud WAAP v5.0 CyberRisk Validation Comparative Report. F5 was one of a select few evaluated […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices S&P 500 7,757 (+0.62%) Nasdaq 26,691 (+1.30%) Gold $4,342 (+2.39%) Brent Crude Oil $82.37 (-0.87%) Global equities pushed to record highs last week, although the path there was anything but smooth. The S&P 500 closed at a fresh record, the Dow briefly […]
The Founder’s Office has released a set of seven core values embodied by the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, that are intended to serve as an enduring source of guidance and inspiration for current and future generations. By publishing the values, The Founder’s Office aims to provide a coherent […]
For guests seeking the ideal blend of comfort, flexibility, and value, Radisson Blu Hotel, Dubai Waterfront and Radisson Blu Hotel, Dubai Canal View have introduced an exclusive long stay offer designed for business travellers, relocating professionals, and long-term visitors looking to experience Dubai with all the comforts of home. Available from AED 4,500 per month,
Apparel Group, one of the region’s leading fashion and lifestyle retail conglomerates, has entered into a strategic partnership with Knowledge Economic City (KEC) to introduce 24 internationally recognised retail and dining brands at Multaqa AlMadinah Mall, marking a significant expansion of the Group’s presence in Saudi Arabia. The partnership represents another
Fortinet® (Nasdaq: FTNT), a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the second quarter ended June 30, 2026. “We are very pleased with our excellent second quarter results, which reflect the differentiated value of our innovation in the AI Era,” said Ken Xie, Founder, Chairman and Chief […]
Financial markets are becoming increasingly continuous. Corporate earnings from some of the world’s largest companies are routinely released after US market hours, while geopolitical developments, central bank signals and macroeconomic events often unfold overnight or during weekends, leaving investors waiting for markets to reopen before they can navigate changing
For many UAE parents, the school year doesn’t begin when the classroom doors open. It starts weeks earlier, with uniform shopping, new routines, packed calendars, and the daily logistics of getting everyone where they need to be. Once school resumes, the family car quickly becomes one of the busiest places in the household, making space, […]
Hosts UAE ended the 2026 Jiu-Jitsu World Championship on a high note, with the national team, sponsored by Mubadala Investment Company, crowned world champions in both the Adult and Under-21 Newaza divisions after nine days of competition at Mubadala Arena. More than 1,500 athletes from around the world competed across different age groups and disciplines […]
flyadeal, Saudia Group’s fast-growing low-cost carrier, has launched an exciting contest inviting talented enthusiasts from across the world to create history and design a special commemorative livery (design and paint scheme) for its 50th aircraft, an Airbus A320neo. Scheduled for delivery in mid-2027, the aircraft will mark a significant milestone in the airline’s growth
Firebird today officially launched the largest NVIDIA DSX AI factory in the region, marking the operational debut of its global AI infrastructure platform and establishing Armenia as a new strategic hub for artificial intelligence computing. The official inauguration marked a defining milestone for both Firebird and the future of AI infrastructure in the region. The […]
UAE equity markets closed the week on a strong note, with a significant easing of regional tensions providing a clear catalyst for investor sentiment. In a major development recently, the US and Iran are close to reaching a deal and opening the Strait of Hormuz. The near-term optimism has boosted global equity indices and caused […]




























