FeaturedOil & GasWill Saudi Arabia, UAE bail out from oil crisis?IFM CorrespondentAugust 4, 2022August 3, 2022 by IFM CorrespondentAugust 4, 2022August 3, 2022 OPEC was established in 1960 as a cartel with the intention of controlling the price and supply of oil globally.... Read more
EconomyMagazineMiddle East leading the way in COVID-19 recoveryIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The Middle East’s economic recovery will continue to follow a mixed pattern given divergent growth strategies and policies across the region.... Read more
FeaturedTransportMeet Dr. Majida Alazzi, a businesswoman behind ‘Made in UAE’ electric car AI Damani DV300IFM CorrespondentJuly 1, 2022 by IFM CorrespondentJuly 1, 2022 Dr. Majida and other prominent leaders formally erected the nation's first-ever electric vehicle production facility in DIC in March.... Read more
Business LeadersMagazineFuture of healthcare in Kuwait and the rest of MENAIFM CorrespondentJune 16, 2022June 16, 2022 by IFM CorrespondentJune 16, 2022June 16, 2022 'Access to the best medical care from the comfort of your home.'... 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
FeaturedMarketsEmirates Group revenues up 86% to Dh66.2bIFM CorrespondentMay 17, 2022 by IFM CorrespondentMay 17, 2022 Emirates Group achieved significant progress in reducing losses, with revenues climbing 86% to Dh66.2 billion for 2021-22.... Read more
AviationFeaturedDubai airport runway closure: 1,000 flights to be divertedIFM CorrespondentMay 2, 2022May 2, 2022 by IFM CorrespondentMay 2, 2022May 2, 2022 The Dubai International Airport will be closed for a period of 45 days between May 9 and June 22 for northern runway refurbishment.... 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
FeaturedReal EstateDubai property mogul Hussain Sajwani is the richest Arab in the UAEIFM CorrespondentApril 13, 2022April 13, 2022 by IFM CorrespondentApril 13, 2022April 13, 2022 This is the first time after he added $300 million to his fortune.... Read more
FeaturedTransportDubai Police add Lamborghini Urus to its fleetIFM CorrespondentApril 1, 2022April 1, 2022 by IFM CorrespondentApril 1, 2022April 1, 2022 The car accelerates from 0-100 km/h in 3.6 seconds, 0-200 km/h in 12.8 seconds, and reaches a top speed of 305 km/h.... Read more