Thursday Is Declared Holiday For The UAE Financial Markets To Mark Prophet Mohammed’s Birthday

Pursuant to Circular No. 14 of 2021 issued by the Federal Authority for Government Human Resources (FAHR) announcing that federal ministries and departments will have a public holiday to mark Prophet Mohammed’s birthday, the Securities and Commodities Authority (SCA) declared in a statement that Thursday, October 21, is a public holiday for financial markets after having consulted with the management of these markets. Trading will resume on the morning of Sunday, October 24.