Oil prices rose by more than 4% to about $75 a barrel on Tuesday. So far, oil prices rose by more than 4% as escalation has intensified between Israel and Iran. Amid this geopolitical scene, the risk of a jump in oil prices that could trigger another global inflation shock appeared to be
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.
Ajman Tourism Development Department commenced a promotional tour on October 2, 2024, with an aim to boost tourism activities and strengthen partnerships in this sector. The tour, which will continue till October 11, 2024, is being led by H.E. Mahmood Khaleel Alhashmi, Director General of Ajman Tourism Development Department, particularly focussing on the Federal Republic
In a strategic step towards achieving its sustainability goals, Gargash Group, a leading business enterprise in the UAE, has partnered with Mashreq, one of the leading financial institutions in the MENA region. This collaboration, officially inaugurated with an MoU signing ceremony at the Mercedes-Benz Brand Center in Dubai Design District, was crystalized with their debut
Mining Grid, a leading provider of blockchain and Bitcoin mining solutions, recently hosted a landmark event powered by ICONX Technologies that brought together industry experts, innovators, and enthusiasts to explore the future of digital assets. During the event, Mining Grid announced two significant milestones: the official launch of its highly anticipated “Mining Race”
Jochi (www.jochi.com), a US-based education technology company that simplifies how educators access and make sense of data, is planning to expand in the UAE and the GCC. Jochi, was founded in late 2021, and was designed to support students with learning differences like dyslexia and ADHD, a growing problem caused by the COVID-19 pandemic. Its […]
As Saudi Arabia continues to lead the region in cutting-edge security solutions, enhancing its command and control infrastructure is increasingly critical due to rapid urbanisation and complex security challenges. To address this, Sharang Gupta, Director at PwC Middle East, spotlighted the transformative concept of unified Command and Control Centres (CCCs), which are set
BKN301 Group, a London-based leading digital payments and Banking-as-a-Service (BaaS) provider in the MENA region, unveiled its latest innovative payment solution, ‘301 Retail Account.’ The solution is a payment account that will support the MENA region’s rapidly evolving financial landscape and will cater to the unique needs of traditional banks, fintech companies, and
Genetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, announced the launch of Operations Center, a cloud-based work management solution designed specifically for physical security operations. Available as part of Security Center SaaS, or as a standalone product, this new solution is
Dr. Minnie Bodhanwala, an exemplary healthcare leader and visionary, has launched her highly anticipated biography, “Defying Conventions: A Maverick Healthcare Odyssey” in the UAE at a special ceremony held in Dubai recently. Her book sheds light on her extraordinary journey, from transforming the healthcare sector in India to becoming a revered figure across industries,
United Diesel, a member of the Al Rostamani Group, proudly marked its 50th anniversary, celebrating five decades of significant contributions to the UAE’s transport and logistics sector. To celebrate this milestone, Al Rostamani Group hosted a grand event in Dubai, attended by distinguished figures from the transport and logistics industry, senior management from Al
Commodities Gold Prices jumped 1% as safe-haven demand spurred by an escalation in the Middle East conflict, along with lower US bond yields pushed back prices near last week’s record highs. Gold Futures for December delivery was up 0.82% or 21.75 to $2,681.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in […]
Shaffra, a deep tech company in the Middle East pioneering AI-driven workforces and metaverse workplace solutions, has appointed Mohammed Al Mutairi as the new General Manager for Saudi Arabia. With over 30 years of experience in business development and project management across influential sectors, Mohammed has a proven track record of driving growth and innovation. […]
The Labour Fund “Tamkeen” has announced its collaboration with Amana Healthcare to attract top talent to Bahrain to deliver specialized rehabilitation and long-term care services for individuals with complex medical needs. This collaboration will create promising job opportunities for Bahrainis andstrengthen the Kingdom’s position as a growing hub for
RAK Hospital as part of its RAK Diabetes Challenge 2024 initiative hosted an enlightening session of its Diabeat webinar series, featuring Prof. Adrian Kennedy, Chief Wellness Officer at the hospital. The webinar delved into the critical connection between stress and diabetes, emphasizing the various stressors that can significantly impact blood sugar levels and overall
ADIPEC, the world’s largest energy event, has announced that this year’s landmark 40th edition will bring the global energy industry together to explore the key role of artificial intelligence (AI) and finance in accelerating the global energy transition. It will also include three new conferences with new voices from finance, technology, youth and the Global […]
CAFÉ de PALMA, a modern, all-day dining café with prime locations in Palm Jumeirah and Dubai Creek Harbour, is thrilled to introduce a new must-try menu. Known for its modern design, pet-friendly atmosphere, and warm hospitality, CAFÉ de PALMA continues to elevate the dining experience, catering to a variety of tastes with a global twist. […]
The Arab Housing and Community Development Forum started today with insightful discussions on advancing housing in the GCC through community-centric planning. The forum’s opening panel, featuring key industry leaders emphasized the importance of involving local residents, community leaders, and stakeholders in fostering inclusive, sustainable housing
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has awarded the Green Certificate to Parkin Company (PJSC(, the leading public parking provider in the Emirate of Dubai. The certificate was presented by Mohammed Bin Sulaiman, CEO of Moro Hub to Eng. Osama Hashim Alsafi, Chief Operation […]
Starting today at the city’s newest spot to dine, drink and party, NOX at C2 invites ladies to take part in a game of chance to win free drinks throughout the night. The new ladies’ night concept, ‘Dice and Sip’ will take place every Sunday, Tuesday, Wednesday, and Thursday from opening till closing, and welcomes […]
The Ministry of Economy announced the launch of the National Economic Registry (NER) – Growth – the largest unified and reliable database of enterprises and companies’ business licenses across the seven emirates. This registry combines the procedures and requirements for establishing businesses and conducting economic activities in the country into a single





























