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News

Stay informed with MENews247‘s News coverage. Your primary source for breaking news, comprehensive analyses, and in-depth reporting from across the Middle East.

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.

Hospitality

Elaf Al Taqwa Hotel Madina Welcomes the Whole Family to A Spiritual Journey in The Heart of Madina

Jana Vos
Ideally situated just 25 minutes from the Prince Mohammed Bin Abdulaziz International Airport, Elaf Al Taqwa Hotel Madina is a family hotel in the heart of Islamic culture and civilization, Madina. The Luxury Lifestyles Awards winner for Best Luxury Family Hotel in Saudi Arabia in 2023 provides guests with a once-in-a-lifetime spiritual experience.    Each room in the
Business

Recursion Enters into Agreements to Acquire Cyclica and Valence to Bolster Chemistry and Generative AI Capabilities

SALT LAKE CITY and TORONTO and MONTRÉAL — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of -omics
Business

SEVEN signs second licensed agreement with Hasbro

Riyadh, Saudi Arabia; May 10, 2023: Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a second licensed agreement with Hasbro, Inc. a global branded entertainment leader. Under the agreement, SEVEN will bring the Transformers brand to its entertainment destinations in the Kingdom of Saudi Arabia. The agreement
Business

FOREX.com Analysts Remain Cautiously Optimistic

Dubai, 10 May 2023– There’s no doubt that 2023 has been lively so far. Equity and commodity traders were quick to rejoice on news of China’s reopening in early January, whilst Yen traders were treated to an out-of-meeting policy adjustment which gave currency markets a jolt. And whilst geopolitical tensions have somewhat receded, they have […]
NEWS DESK Tech

Middle East Organizations Embrace Public Cloud as 71% Use Public Cloud and 86% Plan to Move More Data to the Cloud

Cloudera survey reveals Middle East’s progress towards data optimisation and cloud adoption Dubai, United Arab Emirates – 10th May 2023: A new EMEA survey report byCloudera, the hybrid data cloud company, revealed that organisations in the Middle East embrace the public cloud as 71% already use the public cloud and 86% plan to move more […]
Food & Beverage

Mouthwatering new yakitori menu launches at YUi

UAE, DUBAI, MAY 10, 2023 – Japanese urban eatery, YUi in Dubai Design District has introduced a new mouthwatering selection of yakitori to its menu, using a range of high-quality ingredients including 100% hormone-free halal chicken sourced from handpicked farms in the UAE. To ensure an authentic, true-in-taste dish, YUi’s new speciality yakitori grill was […]
Beauty Lifestyle

New Spa Treatments Unveiled at W Dubai – The Palm

Dubai, UAE, May 2023 – AWAY Spa at W Dubai the Palm, the premier luxury spa destination, has recently launched new treatments to provide guests with quality relaxation experiences. The treatments are designed to promote physical and mental wellbeing, ensuring guests leave the spa feeling rejuvenated and refreshed.  One of the most exciting additions to […]
Entertainment GCC Lifestyle UAE

Abu Dhabi to host 2023 MPL MENA Spring Split Playoffs at Pixoul Gaming in Al Qana

Abu Dhabi, United Arab Emirates; 10 May 2023: Al Qana’s Pixoul Gaming, the Middle East’s first integrated and immersive VR entertainment destination and Esports Academy, is the official venue partner for the 2023 MPL MENA Spring Split Playoffs hosted by MOONTON Games, publisher and developer of Mobile Legends: Bang Bang, the biggest mobile multiplayer online
Business

EssilorLuxottica and Chalhoub Group sign joint venture agreement to grow retail eyewear presence in GCC region

Charenton-le-Pont, France and Dubai, UAE, 10 May 2023 – EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses,and Chalhoub Group, signed a joint-venture for the development of direct eyewear retail in the GCC region. The agreement aims to shape the eyewear category and achieve new levels of customer
Business

Emirates Steel Arkan Profit Doubles Year-on-Year

Abu Dhabi, United Arab Emirates, 10 May 2023: Emirates Steel Arkan (ADX: EMSTEEL) (“the Group”), the largest publicly traded steel and building materials company in the UAE, announces its growth in revenues and profits for Q1 2023. The strong performance in Q1 2023 was driven by several factors, including increased volumes from the Steel division, […]
Sustainability Lifestyle

Minister of Climate Change and Environment Announces UAE’s Participation in UK’s Agriculture Breakthrough Initiative

The Minister of Climate Change and Environment, HE Mariam bint Mohammed Almheiri, officially announced that the UAE’s participation in the UK-led Agriculture Breakthrough Initiative. The initiative’s primary goal is to make climate-resilient, sustainable agriculture the most attractive and widely adopted option for farmers worldwide by 2030. The announcement came