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IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Reasons behind shortening UAE’s workweek

The Gulf country is transitioning to a 4.5-day workweek.
  • The Gulf country is transitioning to a 4.5-day workweek. Now, weekends will consist of Friday afternoon, Saturday and Sunday
  • The move makes the UAE the first nation to formalize a workweek shorter than five days. It also brings the country more in line with Western schedules

The UAE recently announced some big changes to its work schedule.

The Gulf country is transitioning to a 4.5-day workweek. Now, weekends will consist of Friday afternoon, Saturday and Sunday.

The move makes the UAE the first nation to formalize a workweek shorter than five days. It also brings the country more in line with Western schedules.

Until now, the Gulf country has had a Friday-Saturday weekend, which is the standard in Gulf countries.

This TRENDS Explainer video tries to find the reasons behind shortening of the workweek in the UAE.