UAE’s financial markets to close for three days

November 28th, 2011 - 12:17 am ICT by IANS  

Abu Dhabi, Nov 27 (IANS/WAM) The United Arab Emirates’ financial markets will remain closed for three days starting Thursday to observe the new Islamic Hijri year 1433 and the UAE’s 40th anniversary, the Securities and Commodities Authority (SCA) announced.

Closing Dec 1, the markets will re-open Dec 4, the SCA said.

The announcement was based on a recent circular by the UAE’s federal authority for government human resources on the two holidays and on coordination with the management of the markets.

–IANS/WAM
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