Oil prices jumped nearly 9 per cent on Friday to near multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies.
Friday, June 27, will be an official paid holiday for private sector establishments in the UAE on the occasion of the Islamic New Year.
His 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.
The UAE government has officially declared Friday, June 27, as a holiday for the public sector, marking the first day of the Islamic New Year.