Home Archive by category NEWS DESK (Page 96)

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

Burjeel Holdings Board Recommends AED 120 Million Dividend for 2025 as Profit Surges 39.5%

Burjeel Holdings’ Board of Directors has recommended a full-year dividend of AED 120 million for 2025, equivalent to approximately AED 0.02 per ordinary share, underscoring the Group’s continued commitment to delivering value to shareholders while maintaining the financial flexibility needed to support future growth and investments. The recommendation comes after a year of
NEWS DESK

Tech Mahindra Collaborates with Microsoft to Launch Ontology-Driven Agentic AI Platform to Accelerate Telecom and Data Mesh Transformation

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced collaboration with Microsoft to launch an ontology-driven Agentic AI platform that accelerates telecom and enterprise data modernization. Built on Microsoft Fabric and Azure AI Foundry, the solution enables explainable, auditable,
NEWS DESK

Omnix is officially recognized as Dubai AI Seal enterprise

Omnix International, a leading technology solutions provider in the Middle East, announced today that it has been awarded the Dubai AI Seal by the Dubai Centre for Artificial Intelligence (DCAI), recognizing the company’s capabilities in delivering artificial intelligence solutions within Dubai’s AI ecosystem. The Dubai AI Seal is a recognition and trust framework
NEWS DESK

Axis Communications 2026 Perspectives Report highlights expanding role of intelligent video in smart infrastructure across the GCC

Axis Communications, the leading manufacturer of network security and surveillance solutions, has released its first annual Axis Perspectives Report. The publication brings together global research, expert input and real-world examples to explore how intelligent IP cameras are evolving beyond traditional surveillance into an increasingly embedded component of operational
NEWS DESK

DEFENDER RALLY BUILDS ON HISTORIC DAKAR VICTORY WITH THREE-CAR ENTRY IN BP ULTIMATE RALLY-RAID PORTUGAL

Defender Rally will return to FIA World Rally-Raid Championship (W2RC) action in the bp Ultimate Rally-Raid Portugal Portugal on 17 March. Following its Dakar Rally success, the Defender crews of Rokas Baciuška/Oriol Vidal, Sara Price/Sean Berriman and Stéphane Peterhansel/Mika Metge will return to competition in Portugal in the Defender Dakar D7X-R. In the teams’ debut
NEWS DESK

Ajman Department of Tourism, Culture and Media signs cooperation agreement with Germany’s Vtours to strengthen emirate’s presence in German market

The Ajman Department of Tourism, Culture and Media (ADTCM) has signed a strategic agreement with Germany-based Vtours, aimed at enhancing the promotion of the Emirate of Ajman in the Federal Republic of Germany and expanding international partnerships to support sustainable tourism growth, further reinforcing Ajman’s position as a competitive destination in European
NEWS DESK

Al Arabi Trustees Sets New Benchmark for Emirati Participation in Dubai’s Real Estate Sector

In a strategic move to fortify Emirati leadership within the nation’s most vital economic pillar, Al Arabi Trustees has announced a landmark initiative to decentralize and localize real estate governance. The launch of its new Dubai Land Department (DLD)-authorized Registration Trustee Office in Al Khawaneej represents a significant step forward in the UAE’s mission to
NEWS DESK

HH Sheikh Mohammed bin Faisal bin Sultan Al Qassimi inaugurates United Arab Bank’s branch in Dubai Festival City

His Highness Sheikh Mohammed bin Faisal bin Sultan Al Qassimi, Chairman of the Board of Directors of United Arab Bank P.J.S.C. (UAB), inaugurated the Bank’s new branch at Dubai Festival City Mall.   The inauguration ceremony was attended by members of the Board of Directors, Chief Executive Officer Shirish Bhide, and members of UAB’s senior […]
NEWS DESK

ADCB Confirms Restoration of Retail Mobile Banking Services

Abu Dhabi Commercial Bank (ADCB) today confirmed that its retail mobile banking application has been successfully restored. The disruption, which lasted approximately 48 hours, affected ADCB’s retail mobile banking application and customer contact centre. All other banking services, including branches, ATMs, card services, web-based internet banking, and corporate and