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UAE's Financial Markets To Close For Eid Al-Adha Holidays Next Wednesday - Trading Resumes Sunday, September 27

Date 21/09/2015

Pursuant to the Federal Authority for Human Resources (FAHR) Circular No. (38) of 2015 concerning Arafat Day and Eid Al-Adha holidays, and after coordination and consultation with local financial markets and the Dubai Gold and Commodities Exchange (DGCX), the Securities and Commodities Authority (SCA) announced that financial markets are to close for Eid Al-Adha holidays on Wednesday, September 23 (Dhu-al Hijjah 09) and open on Sunday, September 27. The DGCX, however, is to decide when it closes and opens 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.

SCA also congratulates all investors and market participants on this happy occasion.