Harmonizes working hours with international financial centers and global economies
Abu Dhabi Global Market (ADGM) has announced that it will start a Monday to Friday working week from January 1, 2022, with Saturday and Sunday as the universal weekend.
With the new working week, the UAE is bringing its business community and financial sector closer to global markets and real-time economic and trade activities.
In support of the economic strategy of the United Arab Emirates and Abu Dhabi, the ADGM aims to generate new growth opportunities, accelerate cross-border collaborations and support more stakeholders, investors and industries. based in various time zones and market times in Asia, the Middle East and Europe. to America.
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Ahmed Jasim Al Zaabi, Chairman of ADGM, said, “As an IFC strategically positioned along East-West trade corridors, ADGM has been a key business partner and enabler for stakeholders and clients. local and international, reinforcing their expansion plans and business objectives. With the working week synchronized with the rest of the global markets, new and more market players can benefit from the vast business opportunities and investment opportunities in the UAE and the wider MENA region with ADGM like link with growth.
“ADGM remains committed and will continue to advance the economic competitiveness and sustainability of Abu Dhabi and the UAE through its spirit of innovation, strong regulatory frameworks, connectivity and world-class services.”
With over 3700 registered entities and a strong growth pipeline, ADGM has been one of the most attractive, competitive and accessible global investment hubs and tech startup hubs in the MENA region for the rest of the world.