Business News 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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Dubai announces flexible work hours for some employees during summerDubai has announced flexible working hours for government employees from July 1 to September 12, under the ‘Our Flexible Summer’ initiative.
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Dubai to start trialling self-driving taxis later this yearDubai will start trialling self-driving taxis later this year under a new partnership between the Roads and Transport Authority (RTA), Uber Technologies and WeRide.
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Dubai arrests gang for stealing bank data using fake linksA five-member gang has been arrested in Dubai for stealing bank details using fake web links of popular restaurants and delivery companies with promises of huge discounts.
