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UAE's Securities And Commodities Authority Declares Thursday, December 24, Holiday for Financial Markets To Mark Birth Of Prophet Mohammed

Date 21/12/2015

Pursuant to the Circular issued by the Federal Authority for Government Human Resources (FAHR) on Mawlid al Nabi Holiday, the Securities and Commodities Authority (SCA) declares Thursday, December 24, a public holiday for financial markets, after having conferred with them. Trading shall resume on Sunday, December 27. The Dubai Gold and Commodities Exchange (DGCX), however, shall decide when to close and open, according to public interest requirements.

On this blessed occasion, SCA congratulates UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan; his brother His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai; His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; their brothers Their Highnesses Members of the Supreme Council and Rulers of the Emirates; and Their Highnesses Crown Princes. We pray to Allah to bless us on this auspicious occasion and bestow upon all Muslims and Arabs stability, peace, and prosperity.