Home Industry Finance Eid Al Adha 2023 holiday for financial markets in UAE The financial markets will close for Eid Al Adha holidays as per the guidance by Securities and Commodities Authority by Marisha Singh June 20, 2023 Image: Twitter|DFM The UAE’s Securities and Commodities Authority (SCA) has announced that financial markets will close from June 27 until June 30 on the occasion of Eid Al Adha holiday. In a statement on Tuesday, the authority said that work will resume on Monday, July 3. عطلة عيد الأضحى للأسواق المالية من 27 حتى 30 يونيوhttps://t.co/cdZhrjOk1i Financial markets to close for Eid Al-Adha holidays from June 27 to 30https://t.co/TL4mBSCdfn — SCA UAE (@sca_uae) June 20, 2023 In accordance with public interest requirements, the Dubai Gold and Commodities Exchange has the authority to determine the start and end of the holiday period. The authority said that the announcement follows the Circular No. 05 of 2023 issued by the Federal Authority for Government Human Resources concerning Eid Al Adha holidays, and in the consultation with the Abu Dhabi Securities Exchange and the Dubai Financial Market. Eid Al Adha holiday dates The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) announced a public paid holiday for the private sector from June 27 to June 30 on the occasion of Arafat Day and Eid Al Adha. Employees will get a four-day break to mark Arafat Day and Eid Al Adha. We announce that 27th June to 30th June will be an official paid holiday for private sector employees in celebration of Eid Al Adha. Eid Mubarak! ❤️#MoHRE — وزارة الموارد البشرية والتوطين (@MOHRE_UAE) June 19, 2023 The declaration of a public paid holiday from June 27 to June 30 combined with the weekend makes it a six-day break for many workers in the UAE. Tags eid al adha Federal Authority for Government Human Resources MOHRE Securities and Commodities Authority 0 Comments You might also like UAE’s new end-of-service benefits scheme for employees: Why should you switch? Emiratisation: MoHRE urges companies to meet 2023 targets UAE visa: MoHRE, MOE introduce new private teacher work permit Unemployment insurance: UAE gets tough with fines, work permit bans