From: SHAH FAISAL KHAN <email@example.com>
Date: Sun, Jun 23, 2013 at 6:14 PM
Subject: [aijazahmedit] "Saudi Arabia changes official weekend to Friday and Saturday according to a royal order"-
Change in official working days takes effect this week
Sunday 23 June 2013
Last Update 23 June 2013 5:15 pm
JEDDAH: Starting this week, the official working days in the Kingdom will be from Sunday to Thursday and the weekly holiday on Friday and Saturday, according to a royal order carried by the official Saudi Press Agency (SPA).
Custodian of the Two Holy Mosques King Abdullah issued the royal order based on public interest, said the SPA, citing the need to synchronize work days with international and regional timings to optimize productivity.
For ministries and all government bodies and institutions, all financial institutions as well the Saudi Arabian Monetary Agency, the Capital Market Authority and the Saudi Stock Exchange, the change will take effect on Saturday, 20/08/1434 in the Islamic calendar, corresponding to June 29, 2013, in the Gregorian calendar.
For universities, schools and all institutions of public education and higher education, the order will take effect from the beginning of the next academic year (1434/1435 AH).
Economists have long suggested the Friday and Saturday weekend to give the Kingdom's business people more time for economic transactions.
Under the current setup, the Kingdom's official working days are from Saturday to Wednesday, while that of other Gulf states are from Sunday to Thursday and the international working days are from Monday to Friday.
That effectively leaves local businesses only Mondays to Wednesdays to transact with their counterparts in the international arena.
Saudi Arabia weekend now Friday-Saturday: royal order
JEDDAH — Custodian of the Two Holy Mosques King Abdullah has today issued a royal order decreeing that Friday-Saturday should be the new weekend holidays. The original weekend in the Kingdom was Thursday-Friday.
Accordingly, the order will be enforced Saturday, June 29, for all ministries, government departments, financial institutions as well as the Saudi Arabian Monetary Agency, the Capital Market Authority, and the Saudi Stock Exchange.
For universities, schools, and other educational institutions, the order will be effective by the beginning of the next academic year 2013-2014.
According to the royal order, this decision has been taken to better serve the Kingdom's economic interests and help it meet its regional and global obligations in a way that benefits all citizens. — SPA/S.
Saudi Arabia changes official weekend to Friday and Saturday according to a royal orderon Jun 23, 2013 Total Views : 174 Daily Views : 173 No Comments
Saudi Arabia has announced that it is switching its official weekend to Friday and Saturday, bringing the kingdom's working week in line with other members of the GCC.
The change, decreed by The Custodian of the two Holy Mosques, King Abdullah bin Abdulaziz, was announced in a statement on national Saudi news agency SPA.
The new weekend will take effect starting from this week. The King issued the decree following a recommendation in April by the Shura Council.
The following video shows the royal decree being read on state television.