Abu Dhabi's ADGM to adopt Monday to Friday working week
Abu Dhabi Global Market will switch its working week to Monday to Friday from January 1 in line with the federal government’s move to change the official weekend in the UAE.
The move is expected to align the UAE’s economy and its businesses with global markets.
“With the working week in sync with the rest of the global markets, new and more market participants can benefit from the vast business opportunities and investment possibilities in the UAE and wider Mena [Middle East and North Africa] region with ADGM as their nexus to growth,” Ahmed Al Zaabi, chairman of ADGM, said.
Many global and local banks have opted to switch their working week following the official shift. First Abu Dhabi, the UAE’s largest lender by assets, as well as Dubai Financial Market and Abu Dhabi Securities Exchange, are also adopting Monday to Friday working week beginning January 3.
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