FeaturedMarketsAbu Dhabi Global Market set for expansionIFM CorrespondentMay 11, 2023 by IFM CorrespondentMay 11, 2023 Following the expansion, Abu Dhabi Global Market will have a total area of 1,438 hectares, or 14 million square metres... Read more
FeaturedReal EstateAll you need to know about Abu Dhabi’s Reem MallIFM CorrespondentApril 17, 2023 by IFM CorrespondentApril 17, 2023 Reem Mall would house 450 stores and 85 restaurants with 2 million square feet of retail space in addition to Snow Abu Dhabi, a snow resort by Majid Al Futtaim... Read more
FeaturedWealth ManagementMiddle Eastern sovereign wealth funds poised for success: Global SWFIFM CorrespondentApril 14, 2023April 14, 2023 by IFM CorrespondentApril 14, 2023April 14, 2023 The estimated $10.6 trillion in sovereign wealth funds in 2022 is predicted to increase to USD 12.6 trillion by 2025 and USD 17.3 trillion by 2030... Read more
FeaturedIslamic FinanceAl Ansari upsizes IPO on strong investor demandIFM CorrespondentMarch 29, 2023March 29, 2023 by IFM CorrespondentMarch 29, 2023March 29, 2023 Al Ansari Exchange was founded primarily to address the foreign exchange and remittance demands of its business partners and consumers... Read more
AviationFeaturedAmid impressive network growth, Air Arabia witnesses record net profitIFM CorrespondentFebruary 16, 2023February 16, 2023 by IFM CorrespondentFebruary 16, 2023February 16, 2023 Air Arabia said their FY'22 net profit was AED 1.2 billion, up 70% from the previous year... Read more
FeaturedWealth ManagementAbu Dhabi Investment Authority reveals reason behind good returnsWebAdminNovember 4, 2022November 3, 2022 by WebAdminNovember 4, 2022November 3, 2022 Abu Dhabi Investment Authority said it gave front-line managers more freedom as part of a larger plan to streamline internal processes... Read more
Banking and FinanceMagazine‘ETF in nascent stage in ME’IFM CorrespondentJune 15, 2022June 16, 2022 by IFM CorrespondentJune 15, 2022June 16, 2022 Chimera Capital announced in August that its Chimera S&P UAE Shariah ETF surpassed AED 100 million.... Read more
IndustryMagazineOverseas investors drive Dubai property marketIFM CorrespondentJune 15, 2022June 16, 2022 by IFM CorrespondentJune 15, 2022June 16, 2022 First-time buyers, District 2020 also leads demand for residential properties in the UAE.... Read more
AviationFeaturedUAE budget airlines ought to reclaim Gulf skiesIFM CorrespondentApril 22, 2022 by IFM CorrespondentApril 22, 2022 Air Arabia recently stated that it will resume direct flights from Sharjah to four different cities — Taif, Al Jouf, Gassim, and Hail.... Read more
EnergyFeaturedAbu Dhabi Solar firm Sweihan raises $70 mn via green bondsIFM CorrespondentJanuary 17, 2022 by IFM CorrespondentJanuary 17, 2022 The senior secured bonds have set a coupon of 3.625%... Read more