Al Awar: Fridays Full Business Day for UAE Stock Markets

The transcript discusses the UAE's strategic decision to enhance its economic competitiveness by aligning its workweek with global standards. A new labor law has been introduced to increase flexibility in the private sector, aiming to boost GDP and integrate more with the world economy. The changes include operational shifts in stock markets and an increase in public sector working hours to align with the private sector. These reforms are part of a broader strategy to attract talent and capital, positioning the UAE as a competitive hub nation.

What are the anticipated benefits of the new working week for the UAE's GDP?

What concerns were raised about the potential gap between the public and private sectors?

How does the government plan to attract talent and capital through these reforms?