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UAE's Securities And Commodities Authority: Next Thursday Is Al Hijri New Year Holiday For Securities Markets

Date 12/10/2015

Pursuant to the Federal Authority for Government Human Resources (FAHR) circular No. (40) of 2015 concerning Al Hijri new year holiday for the UAE ministries and federal bodies, and after consultation with the management of securities markets, the Securities and Commodities Authority (SCA) announced, in a press release, that it has been decided that securities markets are to close on Thursday, October 15, 2015 and reopen on Sunday, October 18.

The press release also stated that the Dubai Gold and Commodities Exchange (DGCX) is to determine when it closes and reopens according to public interest requirements.