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- Dubai 04:24 05:43 12:19 15:46 18:51 20:09
Several companies in the UAE have decided to hold off on initial public offers of shares because of the weakness of stock markets. (Supplied)
Eid Al Fitr holiday for UAE financial markets will begin on Thursday, 29th Ramadan (26th July), and trading will resume on the 4th of the month of Shawwal.
This was announced by the Securities and Commodities Authority based on circular No. 31 of 2015, issued by the Federal Authority for Government Human Resources, FAHR, on holidays of Eid al-Fitr.
On this occasion, the authority congratulated President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Their Highnesses, the Supreme Council Members, and Rulers of the Emirates and Crown Princes, wishing them good health.
It also extended congratulations to all investors and traders on the occasion.
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