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Holiday for UAE banking sector declared

Abu Dhabi / Dubai: The UAE’s banking sector will have a holiday on the occasion of Hijri New Year (Islamic New Year) on the first day of the Islamic month of Muharram, it was announced on Wednesday, August 28.

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Earlier, the Federal Authority for Human Resources (FAHR) and the Ministry of Human Resources and Emiratisation (MOHRE) announced that the public and private sector employees in the UAE will get a holiday on the Muharram 1,  1441.

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Muharram 1, 1441 falls either on Saturday (August 31) or Sunday (September 1).

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Many are anticipating a holiday on Sunday — which will likely give a long weekend to UAE residents.

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The first day of the Hijri New Year will be officially determined by an authorised committee following a moon sighting later this month.

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