The Dubai Financial Market (DFM) has outlined its holiday break for Eid al-Fitr 2025, designed to align with the UAE's private sector holiday period. Marking the end of Ramadan, this pause in operations is scheduled to last from Sunday, March 30, to Tuesday, April 1. During this time, all arrangements concerning trading and settlement within the securities market will be halted.
What's particularly noteworthy is that while these dates have been provisionally set, they aren't set in stone just yet. The final confirmation hinges on the traditional moon sighting that determines the close of Ramadan, a practice that keeps its roots deep in cultural and Islamic traditions.
Tentative Dates and Potential Changes
The Ministry of Human Resources and Emiratisation has confirmed a three-day paid holiday for the private sector, offering respite from work. The break could extend to April 2, depending on whether Ramadan lasts the full 30 days this year. The DFM has made it clear that dates for Islamic holidays, like Eid al-Fitr, can be fluid, subject to updates through forthcoming circulars.
All securities market operations, with the exception of derivatives contracts, will be on hold. This is consistent with the UAE's typical weekend schedule, running from Saturday to Sunday. NASDAQ Dubai, which operates as part of the Dubai Financial Market, will also be observing this holiday schedule, with plans to resume activities on Wednesday, April 2.
For those engaged in the financial markets, this scheduled pause in trading presents a need to prepare. It's not just about marking dates on a calendar but involves strategic planning. Employers in the sector are urged to communicate these expected closures to staff and adjust their workflows accordingly. By doing so, they can ensure a smooth transition before and after the holiday period.
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