INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

UAE approves weeklong Eid al-Fitr holiday

The UAE has approved a weeklong Eid al-Fitr holiday for all federal government entities operating starting from Saturday, April 30 through Friday, May 6, 2022. (Creative Commons)
  • The UAE Cabinet announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday for all private sector workers
  • The holy month of Ramadan began on April 2 for most Muslim countries, following observations from the International Astronomical Center

The UAE Cabinet has approved a weeklong Eid al-Fitr holiday for all federal government entities operating across the country, starting from Saturday, April 30 through Friday, May 6, 2022, with federal employees to resume duties on Monday, May 9, 2022.

The Ministry of Human Resources and Emiratisation earlier announced that the period from Ramadan 29 through 3rd Shawwal 1443 will be a paid Eid holiday for all private sector workers.

A circular to this effect was issued by the Ministry of Human Resources and Emiratisation in implementation of the Federal Cabinet’s decision regarding the calendar of official holidays. 

The holy month of Ramadan began on April 2 for most Muslim countries, following observations from the International Astronomical Center (IAC).