Is this site a hoax or does it really provide recruitment services?

You can take a look at what other people say about finding a job on Bayt.com: http://www.bayt.com/en/career-rising/ What we basically do is connect between employers and job seekers. That means we don't intervene in the recruitment process; it's up to each professional to ensure that his or her CV is relevant, updated, and interesting :)

It actually does provide recruitment services, but there are a lot of competitors, that means you should work on enhancing your CV and to make it more accurate and to the point so it gets better ranking when an employer is looking up and filtering out tons of CVs.

It does no worries. It really provides job ads