UAE: Financial markets to close for Eid Al-Adha holiday from June 15 to 18
- 2024-06-12
- 14:49:46
Breaking News
The Securities and Commodities Authority (SCA) announced today that financial markets will be closed for Eid Al-Adha from Saturday, 15th June, to Tuesday, 18th June.
In a statement, the authority added that trading will resume on Wednesday, 19th June. The statement noted that the Dubai Gold and Commodities Exchange will decide when the holiday starts and ends based on operational requirements and public interest.
This decision follows Circular No. 06 of 2024 issued by the Federal Authority for Government Human Resources regarding the holiday for Arafat Day and Eid Al-Adha for the year 1445 AH.
The announcement was made after consultation and coordination with the Abu Dhabi Securities Exchange and the Dubai Financial Market.
The UAE is moving into the launch phase of its long-planned central bank digital currency, the Digital Dirham, after locking down both the technolo…
The United Arab Emirates has condemned Israel’s latest plans to occupy the Gaza Strip. In a statement issued on Friday, the UAE&rsquo…
The United Arab Emirates “condemns in the strongest terms” Israel’s plan to take over Gaza City where some 1 million Palestinians…
