FeaturedFintechInvestment in Saudi fintech sector reaches $347 mn in the last 12 monthsIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 The rise in investments is a sign of a maturing fintech industry in the Kingdom... Read more
FeaturedWealth ManagementUBS to expand coverage in Oman and Kuwait with new wealth desk in DubaiIFM CorrespondentOctober 22, 2021 by IFM CorrespondentOctober 22, 2021 The new wealth desk will be headed by former Credit Suisse banker Georges El Khoury... Read more
AviationFeaturedJordan to get a new Aqaba-based private sector-owned airlineIFM CorrespondentOctober 19, 2021 by IFM CorrespondentOctober 19, 2021 The Aqaba Special Economic Zone Authority and Fly Aqaba Company signed a $20 mn agreement... Read more
FeaturedReal EstateForeign investors activities in Dubai real estate market increasesIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 This is attributed to various visa reforms introduced by the government... Read more
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