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News

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From political developments in Riyadh to economic updates in Dubai, cultural events in Beirut, and beyond, get your 24/7 update on the most important stories shaping the region. MENews247.com is your trusted guide to understanding the complexities and dynamism of the Middle East.

News UAE

UAE ministry registers first Indian-owned family business in unified family companies registry

Photo Credit: WAM Dubai, UAE — July 2026 — Dubai-based Sellforce International, a subsidiary of RAJ Group, has become the first Indian family-owned company to be listed in the UAE Ministry of Economy and Tourism’s Unified Registry for Family Companies, the ministry announced Monday. The registration certificate was presented in the presence of Abdulla bin […]
News UAE

UAE cements position as global leader in financial inclusion

Dubai, UAE — July 2026 — The UAE has reinforced its standing among the world’s leading countries in financial inclusion, underpinned by an integrated framework built on innovation, digitization, consumer protection and financial wellbeing. The UAE views financial inclusion as a core pillar of economic and social development, backing this with legislation affirming every
Tech

UAE statistics programme to boost data-driven decision-making

Photo Credit : WAM The UAE’s newly approved National Programme for Developing the Statistics System will strengthen the country’s use of data as a strategic national asset, according to Younus Al Nasser, Chief Executive of the Dubai Data and Statistics Establishment at Digital Dubai. Al Nasser said the programme would support evidence-based policymaking, future planning
Banking UAE

First Abu Dhabi Bank H1 2026 net profit rises 1% to $2.9bn

Photo Credit: WAM Dubai, UAE — July 2026 — First Abu Dhabi Bank reported a 1 percent year-on-year increase in net profit for the first half of 2026, reaching AED 10.73 billion ($2.9 billion), while tangible return on equity remained above the group’s medium-term guidance at 18.5 percent. The group’s operating income grew 7 percent year-on-year to AED 19.50 […]
Economy

DP World secures €25m EBRD green loan to electrify Romania’s Constanța container terminal

Photo Credit : WAM DP World has secured a green loan of up to €25 million from the European Bank for Reconstruction and Development (EBRD) to accelerate the electrification of operations at its ConstanÈ›a South Container Terminal in Romania, marking a major milestone in the company’s global decarbonisation strategy. The financing represents the terminal’s first […]