RIYADH: The UAE stock market will start operating from Monday to Friday in January, following the government’s decision to shift its working week.
From Jan. 3, the bourse will run trading sessions from 10 a.m. to 3 p.m. Gulf Standard Time, Monday to Friday.
“The decision is made to invest in the competitiveness of the UAE economy and to enhance productivity,” Abdulrahman Al-Awar, director general of the Federal Authority for Government Human Resources, told Bloomberg.
The new workweek will align the country with Western markets.