EconomyFeaturedEconomic gap widens between oil exporters and importers in ME as oil prices reboundIFM CorrespondentOctober 15, 2021 by IFM CorrespondentOctober 15, 2021 The region is expected to grow by 2.3% in 2021 and 4.3% in 2022... Read more
FeaturedHealthcareSaudization to create 8500 new jobs in the healthcare sector by 2022IFM CorrespondentOctober 14, 2021October 14, 2021 by IFM CorrespondentOctober 14, 2021October 14, 2021 New jobs will be created in sectors like radiology, medicine laboratories, and physiotherapy... Read more
FeaturedReal EstateUAE-based proptech startup Nomad Homes raises $20 mn to expand in EMEAIFM CorrespondentOctober 1, 2021 by IFM CorrespondentOctober 1, 2021 The funding round was co-led by 01 Advisors and the Spruce House Partnership... Read more
FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedIslamic BankingNational Bank of Fujairah launches electronic trading platform NBFXIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 NBFX is available for both conventional and Shariah-compliant banking customers... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
BankingFeaturedTreasury Department a major contributor to Ahli United Bank Kuwait’s profitabilityWebAdminSeptember 6, 2021September 6, 2021 by WebAdminSeptember 6, 2021September 6, 2021 Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user... Read more
EnergyFeaturedTotal agrees $27 bn deal to develop four energy projects in IraqWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 Iraqi oil minister Ihsan Abdul Jabbar said Total will invest $3 bn in the first phase... Read more
FeaturedPorts and ShippingSohar Port in Oman to introduce bunkering servicesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Sohar Port and Freezone signed an agreement with Hormuz Marine... Read more
FeaturedOil & GasOil prices dip as OPEC+ agrees to gradual output hikesWebAdminSeptember 2, 2021 by WebAdminSeptember 2, 2021 Brent crude was down by 0.2%, at $71.43 a barrel on Thursday... Read more