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Plans to reduce 30,000 jobs in 2026 through attrition and driver buyouts

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Layoffs part of broader plan to cut 30,000 corporate jobs

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The average price of oil recorded a 12.1 per cent decline

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The launch was officially announced by Zeeshan Shaikh, CEO of ShaikhTech

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Zabeel District will have capacity to host 42,000 companies and will be delivered by 2040, DIFC said

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The launch also reflects the UAE’s continued role as a leading global trading nation for gold and precious metals

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Article Source: Emirates News Agency (WAM)

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Brent crude futures were up 90 cents or 1.4%, at $66.49 a barrel by 1415 GMT

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