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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.

Business

Telford Offshore Announces Completion of Sales Process and Acquisition by Merced Capital

DUBAI, United Arab Emirates — The Telford Offshore group (“Telford Offshore” or “the Company”) announced today that it has been acquired by entities affiliated with Merced Capital. The acquisition represents the completion of the previously announced competitive sales process (the “Sales Process”). Telford Offshore is now wholly owned by Merced Capital. As part of the […]
Business

Pentavirate Launches $100m Luxembourg Sukuk, Rated A-

Seattle, United States — Pentavirate, a Seattle-based global investment firm, announces the issuance of a 5-year U.S. dollar denominated Sukuk of $100 million, backed by U.S. commercial real estate. The investment has received an institutional rating of (A-) from EuroRating and is being reviewed by Amanie Advisors to secure the Islamic Fatwa. “Pentavirate’s debut
Entertainment Lifestyle

Doha Film Institute

Berlin, Germany/Doha, Qatar; February 20, 2023: The Doha Film Institute announced today on the sidelines of the 2023 Berlin International Film Festival the confirmed Qumra 2023 Masters of the annual industry incubator event crucial to the success of first and second-time filmmakers from the Arab world and beyond. This year, multi Academy Award® and BAFTA […]
Business

Eshraq Investments reports annual profit

Abu Dhabi, UAE; 20 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), announced its audited financial results for the full year 2022. The Company reported a net profit of AED 589.79 million in 2022 as compared to a net profit of AED 38.43 million for 2021. Shareholder […]
Real Estate

Samana Developers Launches AED 320 million Mykonos

(DUBAI): Following the announcement of 12 new real estate projects, Samana Developers, the Dubai-based trendsetter real estate company, today launched first two projects – AED 320 million Santorini and Mykonos luxury residential projects in Dubai Studio City. The design and name inspiration of the new projects reflects the popular two islands in Greece –
Tech

SANS Institute to Enhance Regional Security Awareness

Dubai, United Arabic Emirates, February 20, 2023: SANS Institute, the global leader in cybersecurity training and certifications, has announced SANS Dubai February 2023 to be held in-person at the Ritz Carlton, Dubai, from February 27 to March 4, 2023. The training event will focus on threat detection and elimination, strengthening security architecture and managing a […]
Business

Top 5 AI Stocks 2023

Dubai, United Arab Emirates — Artificial intelligence (AI) has recently become a ground-breaking phenomenon, and is expected to excel amid rapid technology acceleration, giving rise to companies striving towards achieving digital supremacy. Here are 5 AI stocks which, according to Tradematics, are set to attract the spotlight: 1- Microsoft (NASDAQ: MSFT) Software giant
Business GCC UAE

First Lady Olena Zelenska, Billie Jean King And Jessica Alba Join Speaker Line Up For Forbes’ 30/50 Summit In Abu Dhabi

ABU DHABI — Forbes today has unveiled an expanded list of speakers for its second annual Forbes 30/50 Summit, which will gather generations of women from both the Forbes 30 Under 30 and 50 Over 50 franchise lists from March 7-10 during International Women’s Day. The event, which draws young super-achievers who innovate and the legends […]
Beauty Lifestyle

Pre-summer tips for healthy skin

By Dr. Mona Mady Skin is the largest organ in the human body, and it is a reflection of one’s age and health, so it is important to take care of it. Now that winter is coming to an end, residents in this part of the world need to begin preparing for the inevitable scorching […]
Tech

Nozomi Networks Expands Strategic Partnership

Dubai, United Arab Emirates – February 17, 2023 – Nozomi Networks, the leader in OT and IoT security, today announced an expanded global strategic partnership with Mandiant to help industrial and enterprise customers anticipate, diagnose and respond to IT and OT cyber threats in their critical business operations. As part of the strategic partnership, Mandiant […]
Business

Netcracker Wins Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project

WALTHAM, Mass. — Netcracker Technology announced today that it has received Glotel Awards for BSS/OSS Transformation Excellence and Best Digital Transformation Project from Telecoms.com. The awards showcase innovation and excellence in the telecommunications industry. Netcracker Digital Platform, an open, modular, digital-native solution, won the BSS/OSS Transformation
Real Estate

Al Hamra releases premium sea view villas

Ras Al Khaimah, UAE; February 16, 2023: Al Hamra, the leading lifestyle developer and investment company in Ras Al Khaimah, has announced the release of the remaining inventory on Falcon Island which includes the premium 4–5-bedroom standalone sea-view and 3–4-bedroom canal view villas. This comes on the heels of the successful sale of all 2 […]