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Creative Zone joins NextGenFDI initiative to support its goals

  Abu Dhabi / WAM The Ministry of Economy has announced that Creative Zone, one of the UAE’s largest consulting and business establishment companies, has joined the NextGenFDI initiative through foreign direct investments which launched in July 2022, with the aim of attracting digitally advanced companies to enter the UAE market, and developing the next generation of startups in the ...

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450,000 sqm Metal Park breaks ground in Kezad

  Abu Dhabi / WAM Senior executives from Khalifa Economic Zones Abu Dhabi – Kezad group, the integrated trade, logistics, and industrial hub of Abu Dhabi, have attended the ground breaking of Metal Park Investment ME Ltd’s integrated Metal Park in Abu Dhabi. Covering a total land area of 450,000 square metres, the upcoming Metal Park in Kezad will be ...

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World economy faces recession in 2023, says British consultancy

Bloomberg The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research (Cebr). The global economy surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers continue their fight against soaring prices, the ...

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