December 7, 2021 (MLN): The United Arab Emirates will shift its weekend to Saturday and Sunday for government entities as it looks to bring itself more in line with the rest of the world, Bloomberg reported on Tuesday.
As per the details, the UAE government said it will adopt a 4-1/2 day working week from January 1, with the weekend starting on Friday afternoon and lasting until Sunday.
Presently, the UAE and the rest of the Gulf nations, have a Sunday-Thursday working week.
“This will align the UAE with global markets and make it easier for international corporations to do business,” said Nabil Alyousuf, chief executive officer of Dubai-based International Advisory Group, reported Bloomberg.
“This will increase the number of days we do business with the rest of the world, which will boost trade,” he added.
In the context of Pakistan, this development will increase business turnover, said Malik Bostan, President Forex Association of Pakistan, while speaking to Mettis Global News.
“As 70% of Pakistan’s workers are in the Middle East, it will also boost remittance inflow,” he added.
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