Dubai Financial Market announced new trading hours from Monday to Friday come into effect on Jan. 3 2022, with a five-hour trading session between 10 a.m. and 3 p.m. local time, the Dubai Media Office tweeted on Wednesday.
The United Arab Emirates said Tuesday its official workweek will move to Monday to Friday.
Government employees would work a half-day on Friday, the traditional Muslim holy day, and then take Saturday and Sunday off, the announcement said.
The Emirati government hailed the decision as making it “the first nation in the world to introduce a national working week shorter than the global five-day week” — a reference to Friday becoming only a half-day workday.
