Dubai: The Securities and Commodities Authority (SCA) in the UAE has announced Hijri New Year holiday for financial markets. The authority announced that the Abu Dhabi Securities Exchange and the Dubai Financial Market will close for the Hijri New Year holiday on Friday, 21st July. Trading will resume on Monday, 24th July. The Dubai Gold and Commodities Exchange, however, will remain open and will continue to operate under normal trading hours.
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The announcement follows Circular No. 07 of 2023 issued by the Federal Authority for Government Human Resources concerning the Hijri New Year 1445 holiday.
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