FeaturedReal EstateLooking for Dubai’s best property investments? Here is the roadmapIFM CorrespondentApril 26, 2023 by IFM CorrespondentApril 26, 2023 Projections suggest that residential properties in Dubai Marina will have the best rental returns for luxury apartments at 7.04%... Read more
FeaturedMarketsWork From Home job openings in UAE: All you need to knowIFM CorrespondentApril 19, 2023 by IFM CorrespondentApril 19, 2023 Around 1,500 Work From Home employment is available on Bayt.com, with over 600 of them in the GCC and more than 300 in the UAE... 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
AviationFeaturedUAE, Canada increase flights under extended air transport contractIFM CorrespondentApril 11, 2023April 11, 2023 by IFM CorrespondentApril 11, 2023April 11, 2023 The UAE is a hub for several flights to Asia, so the new arrangement is consistent with Canada's Indo-Pacific Policy.... Read more
FeaturedMarketsTop emerging market in MENA is UAE: Kearney’s indexIFM CorrespondentApril 7, 2023April 7, 2023 by IFM CorrespondentApril 7, 2023April 7, 2023 A significant portion of the USD 66 billion in possible FDI inflows into Pakistan and the MENA region this year is anticipated to come from the UAE... 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
CommodityFeaturedRamadan 2023: UAE residents might save up to 70% on groceries despite price riseIFM CorrespondentMarch 27, 2023 by IFM CorrespondentMarch 27, 2023 Al Maya Supermarket has prepared several deals and promotions to assist customers in getting ready for the holy season of Ramadan... Read more
FeaturedLogisticsAmazon UAE storage capacity increases by 70%, opens new fulfilment centreIFM CorrespondentMarch 24, 2023March 24, 2023 by IFM CorrespondentMarch 24, 2023March 24, 2023 During the holy month of Ramadan, Amazon anticipates a rise in consumer demand... Read more
FeaturedInsurancePrice competition eroding UAE insurers’ profitability?IFM CorrespondentMarch 21, 2023March 21, 2023 by IFM CorrespondentMarch 21, 2023March 21, 2023 AM Best said that the future outlook for the UAE market, as well as its correspondents in Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, remains stable... 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