Business from Wednesday, June 11th, 2025
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Abu Dhabi plans next big business hub
KEZAD Group, one of the region's largest operators of economic zones, has announced plans for Abu Dhabi’s newest commercial destination – the KEZAD Business District.
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World Bank cuts global growth forecast as trade tensions heighten uncertainty
The World Bank slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a "significant headwind" for nearly all economies.
News
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Hijri New Year holiday confirmed for UAE private sectorFriday, June 27, will be an official paid holiday for private sector establishments in the UAE on the occasion of the Islamic New Year.
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H.H. Sheikh Mohammed announces expansion of 'Zero Bureaucracy' programmeHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the second phase of UAE government's "Zero Bureaucracy" programme.
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UAE announces holiday for Hijri New YearThe UAE government has officially declared Friday, June 27, as a holiday for the public sector, marking the first day of the Islamic New Year.
