AviationFeaturedRiyadh Air leads Middle East’s aviation job boomIFM CorrespondentJuly 18, 2023 by IFM CorrespondentJuly 18, 2023 Not only Riyadh Air, but the entire Middle-East aviation industry will also see a job boom... Read more
AviationFeaturedMiddle Eastern Airlines log 30.8% rise in traffic in MayIFM CorrespondentJuly 14, 2023July 14, 2023 by IFM CorrespondentJuly 14, 2023July 14, 2023 International traffic increased by 40.9% compared to May 2022, with all markets reporting strong growth, again led by Asia-Pacific airlines... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Hussain Sajwani, Emirate’s richest billionaireWebAdminJune 30, 2023October 10, 2023 by WebAdminJune 30, 2023October 10, 2023 In 1982, Hussain Sajwani established his own business under the name of DAMAC LLC and later it became DAMAC Group... Read more
FeaturedWealth Management‘Growth machine’ UAE emerges as millionaires’ preferred investment destinationIFM CorrespondentJune 27, 2023 by IFM CorrespondentJune 27, 2023 The net HNWI inflow to the UAE in 2023 will surpass the 2022 tally, which saw 4,000 arrivals... Read more
FeaturedTransportHyundai launches Azera Sedan in Middle East: All you need to knowIFM CorrespondentJune 7, 2023 by IFM CorrespondentJune 7, 2023 The new Azera is 5,035mm long, 45mm longer than the previous generation.... Read more
EconomyMagazineFamily companies: New fillip for UAEIFM CorrespondentJune 6, 2023June 6, 2023 by IFM CorrespondentJune 6, 2023June 6, 2023 To help double family-owned businesses’ contribution to the nation's GDP to $320 billion in 2032, UAE introduced legal reforms in January 2023... Read more
EconomyFeaturedMacroeconomyIMF predicts slow growth for MENA economiesIFM CorrespondentApril 25, 2023November 6, 2023 by IFM CorrespondentApril 25, 2023November 6, 2023 Italian Foreign Minister Antonio Tajani said that his country wants the IMF to start disbursing a loan to Tunisia without conditions... 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 BankingMiddle East a unique ‘global sweet spot’ for merger and acquisition: SurveyIFM CorrespondentApril 13, 2023April 13, 2023 by IFM CorrespondentApril 13, 2023April 13, 2023 Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023... Read more
FeaturedInsuranceUAE Takaful gross written contributions reach USD 1.2 billionIFM CorrespondentMarch 10, 2023March 10, 2023 by IFM CorrespondentMarch 10, 2023March 10, 2023 Almost 10% of the total gross written premiums in the UAE insurance business came from the Takaful sector's GWC... Read more