IBM (NYSE: IBM) released its 2026 Cost of a Data Breach Report, revealing that the average cost of a data breach for organizations in the Middle East reached $8 million. According to the study, the three leading factors increasing the cost of data breaches for Middle East businesses were
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.
Ghobash Group has appointed Marc Veelenturf as Managing Director of CNS Middle East in addition to the Group’s broader technology cluster. The appointment underscores Ghobash Group’s commitment to commercial excellence and its ongoing strategy to expand and innovate across its portfolio, with continued investment in digital technology and artificial intelligence. Marc’s
Kingston Technology Europe Co LLP, an affiliate of Kingston Technology Company, Inc., is highlighting the changing memory and storage requirements of organisations across the GCC as investments in edge computing, artificial intelligence, cloud technologies and data-driven applications continue to reshape enterprise IT environments. The company is encouraging businesses to
SEHA CLINICS, part of PureHealth, the largest healthcare group in the Middle East, shared key clinical insights on the importance of prevention, early intervention and healthy habits following presentations at the SEHA CLINICS Annual Research and Education Conference 2026 (AREC26), which brought together more than 4,000 healthcare professionals to exchange the latest
As the UAE accelerates AI adoption across business and government, new research from International SOS highlights that organisations increasingly see artificial intelligence as a critical tool for verifying risk information, while also recognising the growing dangers posed by misinformation and synthetic content. The findings come at a time when AI adoption in the UAE
The Federal Tax Authority (FTA) announced that inspection campaigns carried out in cooperation with the General Department of Criminal Investigation of Dubai Police during the first half of 2026 resulted in the seizure of 3,587,315 non-compliant packages of excise goods and the issuance of 59 seizure reports against several establishments and individuals. The campaigns
Dubai’s luxury real estate developers are being urged to treat wellness as the new baseline for how homes are designed and built, as global demand grows for healthier living environments. The Global Wellness Institute (GWI) says the industry’s next phase is the normalization of health-supportive design as a standard expectation rather than a luxury […]
Arab Bank Group reported positive results during the first half of 2026, with 7% increase in net income after tax reaching $570.9 million as compared to $535.3 million for the same period last year. The Group maintained its strong capital base with a total equity of $13.5 billion. The Group’s Assets grew by 7% to […]
The Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organisations worldwide, has today announced a landmark long-term commercial rights agreement for the FIA World Rally Championship (WRC) and FIA European Rally Championship (ERC). It follows the acquisition of WRC Promoter GmbH by Cosmobilis and
Across seven decades of desert tracks, family journeys, mountain roads, and city highways, Nissan may have started life in Japan, but it has been embraced by the UAE, with the Patrol specifically becoming a vehicle people grew up around, remembered, trusted, and passed down through stories. In its earliest form, the Patrol was direct and […]
UAE equities delivered a mixed performance this week as investors weighed the country’s resilient economic backdrop against lingering global macro uncertainty. Sentiment remained broadly constructive, supported by confidence in the domestic economy and anticipation of the upcoming earnings season. At the same time, investors became more selective, favouring
Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced a $100 million strategic equity investment in LearnVector Inc., a new AI-native learning company founded and led by Andrew Ng, one of the world’s most influential figures in AI and a co-founder of Coursera. The investment marks an important step in Coursera’s next […]
École Ducasse Abu Dhabi Studio has opened its August intake for the Culinary Arts Essentials and French Pastry Arts Essentials programs, set to begin on August 10. Designed for aspiring chefs, hospitality professionals, entrepreneurs and culinary enthusiasts, the intensive eight-week programmes equip participants with the technical knowledge, practical skills and
Dave’s Hot Chicken, the fast-growing Nashville hot chicken brand born in Los Angeles, is continuing its expansion in Saudi Arabia with the opening of its first restaurant in Al Khobar at Grand House on July 30. Marking the brand’s sixth location in the Kingdom, the new restaurant reflects Dave’s Hot Chicken’s ongoing commitment to bringing […]
RAK Ceramics, one of the world’s largest manufacturers of ceramic and porcelain tiles, sanitaryware, faucets, and tableware, has been awarded the Platinum Impact Seal (2025–2027) by the UAE National CSR Fund (Majra), the country’s highest federal recognition for sustainable business impact. Presented under the patronage of His Highness Sheikh Mansour bin Zayed
Abu Dhabi Department of Education and Knowledge (ADEK) has launched the National Art Expressions Gallery, giving the community access to creative works developed by students across Abu Dhabi as part of the Frontliners Tribute initiative under the National Art Expressions Program. Each piece serves as an expression of gratitude and appreciation for the individuals and […]
Neoterra Developments has celebrated the successful sell-out of Eira, its latest residential development in Dubai Production City, marking another significant milestone in the developer’s growth journey and reinforcing market confidence in its design-led approach to community development. To commemorate the achievement, Neoterra hosted an exclusive appreciation
This Dubai Summer Surprises (DSS) 2026, shoppers are being given the opportunity to win one of 10 scholarships worth AED 20,000 each as part of the Modesh Scholarship promotion to help families prepare for the new academic year. Running from 3 to 29 August as part of the Back-to-School season, shoppers who spend AED […]
Mohammed Bin Rashid Housing Establishment organised its second Customer Forum of 2026 at Nad Al Sheba Majlis, as part of its commitment to strengthening direct engagement with customers, listening to their views and feedback, and involving them in the development of housing services and the enhancement of their overall experience, in line with the needs […]
CBD has launched their digital wealth offering – CBD Invest, embedded within the CBD Mobile App that brings together investing, financial planning, and advanced analytics in a single, secure experience. Designed for affluent, Elite and Private banking customers, CBD Invest enables individuals to gain a clear view of their financial position, make more informed investment





























