By Mohammed Al Sadafy

Update: The Emirates Securities and Commodities Authority (SCA) has announced that financial markets in the UAE will be closed on Sunday and Monday, December 2 and 3 respectively to mark the 41st UAE National Day. Market will resume trading on Tuesday morning December 4, 2012.

The move is in line with Circular No. (38) of 2012, issued by the Federal Authority for Government Human Resources, regarding the holidays for ministries and federal government departments and follows consultations with the administrations of the local markets.

The SCA administration also congratulates UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice-President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and Their Highnesses Supreme Council Members and Rulers of the Emirates.

The Federal ministries and entities will be off work on Sunday and Monday; December 2 and 3, to mark the 41st National Day, according to a circular issued today by Humaid Mohammed Obaid Al Qattami, Minister of Education and Chairman of the Federal Government Human Resources Authority.

The circular, which based on law no. 11 of 2008 on government human resources, said work will resume on Tuesday, December 4, 2012.

Al Qattami congratulated President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Their Highnesses, Members of the Supreme Council and Rulers of the Emirates and people of the UAE on the occasion.

Private sector holiday

The private sector institutions and companies will be off work on Sunday, December 2, 2012, on the occasion of the 41st National Day of the UAE, according to a circular issued today by Saqr Ghobash Saeed Ghobash, Minister of Labour.

Ghobash extended his congratulations to President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Their Highnesses the Supreme Council Members and Rulers of the Emirates and people of the UAE on the occasion.

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