The Dubai Chamber of Commerce and Industry will adopt the new four-and-a-half-day work week starting on January 3, a move that falls in line with a newly approved schedule for UAE federal government organisations and employees.
It will adopt a nine-hour working day from 8am to 5pm on Mondays through to Thursdays. Its offices will operate a four-hour day – from 8am to noon – on Fridays, the trade body said in a statement on Tuesday.
The Federal Authority for Government Human Resources has proposed the new work week following "comprehensive benchmarking and feasibility studies, reflecting potential impacts of the move on the economy, social and family ties, and the overall well-being of people in the UAE", Dubai Chamber said.
The UAE’s move to shift its weekend to Saturday and Sunday, announced on December 7, is the biggest overhaul of the Emirates' working week in decades. It could result in greater integration of the local economy with global markets and boost its competitiveness by attracting more investment into the country, according to analysts.
Schools have adopted the new routine, while a number of private companies, which are free to decide whether they will adopt the new work week, have already committed to the switch. Among them are accounting consultancy Deloitte and Abu Dhabi-listed Finance House.
A number of banks – including First Abu Dhabi Bank, the UAE's biggest lender – and international financial groups HSBC, Deutsche Bank, JP Morgan Chase, Bank of America Merrill Lynch and Société Générale have announced the switch to the new working week.
FAB and London-based HSBC also confirmed that their UAE branches will remain open on Saturdays.
Abu Dhabi Global Market, the emirate's international financial centre, said on Monday its switch the Monday-to-Friday work week in the new year.
The Dubai Chamber offers 50 smart services to the emirate's business community through its website and mobile application, and supports the private sector in expanding its reach within and beyond the UAE.
Profile Idealz
Company: Idealz
Founded: January 2018
Based: Dubai
Sector: E-commerce
Size: (employees): 22
Investors: Co-founders and Venture Partners (9 per cent)
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
RESULTS
2pm: Handicap (PA) Dh40,000 (Dirt) 1,200m
Winner: Najem Al Rwasi, Fabrice Veron (jockey), Ahmed Al Shemaili (trainer)
2.30pm: Handicap (PA) Dh40,000 (D) 2,000m
Winner: Fandim, Fernando Jara, Majed Al Jahouri
3pm: Maiden (PA) Dh40,000 (D) 1,700m
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3.30pm: Maiden (PA) Dh40,000 (D) 1,700m
Winner: Wakeel W’Rsan, Richard Mullen, Jaci Wickham
4pm: Crown Prince of Sharjah Cup Prestige (PA) Dh200,000 (D) 1,200m
Winner: Jawaal, Fernando Jara, Majed Al Jahouri
4.30pm: Sheikh Ahmed bin Rashid Al Maktoum Cup (TB) Dh200,000 (D) 2,000m
Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
UAE currency: the story behind the money in your pockets
Sholto Byrnes on Myanmar politics
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
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- 600-seat auditorium
- Spaces for historical and cultural exploration
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- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The%20Beekeeper
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5