Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather : Largest Middle East Oil Bunkering hub suffers disruption due to extreme weather Extreme weather has resulted in one of the biggest oil bunkering ports in the world being closed down suddenly. The
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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.
Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021: Saudi stock exchange showcases boom as 2022 H1 IPO listings surpasses entire 2021 According to the chairman of the Capital Market Authority, Saudi initial public offerings are on track to make 2022 a record year. So far, the number of listings recorded […]
UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund : UAE Announces Plan to Build Space Satellite with $820 Million Investment Fund The UAE has announced its plans to launch a comprehensive space program. The program includes plans to land on an asteroid, explore Venus, and probe the Martian orbit. These plans […]
Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom : Saudi Arabia to Spend Up to $1 Trillion on World’s Largest Building in Neom Saudi Arabia recently announced its decision to construct a $1 trillion building in its futuristic megacity, Neom. The project has been tagged the “Mirror Line,” and it […]
UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million : UAE Reveals New and Stricter Laws for Gold Sourcing: Penalty as High as Dh5 Million The UAE’s Ministry of Economy recently released a policy containing best practices for sourcing gold in the UAE. The policy also enforces stricter penalties […]
Visa and Dubai Health Authority (DHA) Sign Pact to Facilitate Emirate’s Tourism Industry : As part of the DHA’s broader plans to boost health tourism in Dubai, the Authority has signed a new Memorandum of Understanding with Visa. According to the DHA, the collaboration with the global payments company aims to promote Dubai as a […]
Was Joe Biden’s Visit to the Middle East Truly a Disaster : Was Joe Biden’s Visit to the Middle East Truly a Disaster On the 13th of July, Joe Biden arrived in the Middle East on a diplomatic visit. The arrival marked the President’s first visit to the Middle East since his emergence as the […]
UAE Set to Launch First-ever Metaverse Hospital : UAE Set to Launch First-ever Metaverse Hospital The United Arab Emirates (UAE) has announced that it will be launching the first hospital in the metaverse. This virtual hospital is set to go live in October. The healthcare provider, Thumbay group, would manage the virtual hospital. Notably, this hospital […]
Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham : Kraken and Rakbank Partners to Enable UAE Crypto Trading in Dirham Kraken, a leading cryptocurrency exchange, has partnered with Rak Bank to enable crypto trading through Dirhams. Kraken is a global crypto exchange that facilitates the trading of crypto. Kraken was the first […]
Saudi Company For Ai Stikes New Partnership With Us Company – Datarobot : Saudi Company For Ai Stikes New Partnership With Us Company – Datarobot The Saudi Company for Artificial Intelligence (SCAI) has partnered with DataRobot. This partnership is intended to grow the AI ecosystem in the Kingdom of Saudi Arabia (KSA). SCAI is a […]
Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way : Kucoin’s Recent Survey Suggests Growing Crypto Adoption In Saudi, With Millennials And Gen Z Leading The Way The adoption of crypto and other virtual assets is certainly increasing globally. However, this adoption appears to be growing faster […]
Dubai’s Virtual Assets Regulatory Authority (VARA) has recently granted OKX a provisional virtual assets license. This license allows OKX to extend its operations to Dubai. Notably, OKX is a Seychelles-based cryptocurrency exchange formerly known as OKEx. The company specializes in facilitating crypto spot and derivatives trading. This approval-in-principle allows
Image: Alberto EchavarrÃa, Secretary-General of ASCER, sees the MENA region playing a key role for Tile of Spain in the 2022-2030 period. Credit: Arnold Pinto The Spanish ceramic tile industry is banking on aesthetic and technical innovation, exceptional quality, and enhanced sustainability to substantially ramp up its market share in the ultra-competitive Middle East and
Dubai-based MENews247 visited ceramic tile producers in Valencia, Spain as part of an international press tour organized by Tile of Spain – the official umbrella brand that represents the Spanish Ceramic Tile Manufacturers Association (ASCER). The press mission also included a visit to some of the showrooms and production lines as well as an architectural
Image: Winners of the 20th Tile of Spain Awards pose with ASCER and other dignitaries in Valencia on June 14, 2022. Tile of Spain – the internationally renowned brand of 125 ceramic tile manufacturers affiliated to ASCER (Spanish Ceramic Tile Manufacturers’ Association) – has awarded the prize-winners of the 20th Tile of Spain Awards. The prestigious […]
With Valencia brandishing its long-standing legacy of design it comes as no surprise that the famed Spanish city is the World Design Capital 2022 (WDC 2022), as designated by the World Design Organization (WDO). Headquartered in Montreal, Canada, the WDO in 2019 selected Valencia to be the WDC 2022 based on the two-millennium-old city’s design […]
Cyfirma, the global threat discovery and cyber-intelligence platform company, has embarked on an ambitious foray into the Middle East region spearheaded by two proprietary tools designed to protect businesses from multi-dimensional existing and emerging cybersecurity threats, especially as key countries in the hydrocarbon-rich region face unprecedented cyber-attacks
Eighteen-time Grand Slam champion, seven-time Olympian, Olympic medal winner; the tennis player extraordinaire who strode the world stage setting record after record Leander Adrian Paes is calm and composed when MENews247 catches up with him for an exclusive interview on his visit to Dubai as part of the All Stars Football Club (ASFC) squad competing […]
Seven Capitals is a leading international fiscal trading company operating from the UAE, India and Mauritius. Founded in 2012, the award-winning company is on record as having overseen its clients’ monthly trading volume reaching $21.6 billion in mid-2020, and is fast attaining new growth in the Middle East and North Africa (MENA), as the region […]
Malaysia’s sustainable agriculture sector has launched a new initiative to use the UAE as a springboard to penetrate new markets across the GCC region in particular, and the wider Middle East region at large. Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), the lead development agency for the bio-based industry in Malaysia, launched the new
