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The United Arab Emirates Government announced official holidays for the public and private sectors for the years 2019. The Cabinet granted equal leaves (14 days) sectors. This decision aims to achieve a balance between the two sectors in the number of official holidays they are entitled to.
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Public holidays which happen on Saturday or Sunday are lost for the particular year – thus the average number of public holidays during working days in the years 2000 to 2016 was only 8.9 days. Employees of employers who are not part of the private sector or engaged in non-commercial activities are entitled to a vacation allowance of 5 weeks.
Sunday Monday Tuesday Wednesday Thursday Friday Saturday 1 Independence Day Swiss National Day Yorkshire Day: 2 International Friendship Day: 3: 4: 5 Independence Day (Burkina Faso)
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It is generally a two day holiday, with December 3 (the day after National Day) also being a observed as a public holiday. [11] Air shows are conducted while military processions are held at Abu Dhabi National Exhibition Centre for the rulers of the Emirates, members of the Federal National Council , and Emirati citizens.
The private equity sector suffered severely in 2009. The late 2008 financial crisis shaped the year that followed it, constraining institutional investor capital and limiting strategic alternatives.
[1] [2] [3] Emiratisation increases each semester adding a 1% of emirati quota to be achieved by the United Arab Emirates companies. [ 4 ] While the program has been in place for more than a decade and results can be seen in the public sector, the private sector is still lagging behind with citizens only representing 0.34% of the private sector ...