How interesting. Does anyone know more about this?
In a surprising announcement on Sunday, Saudi Arabia’s King Abdullah issued a royal decree shifting the nation’s weekend from Thursday and Friday to Friday and Saturday beginning this Friday, June 28.
As the Guardian reports, the world’s top oil exporter is switching its national weekend to align calendars with the other five members of the Gulf Cooperation Council. Saudi Arabia was the only member with a Thursday and Friday weekend after Oman transitioned to the regional week schedule last month. The decision follows a recommendation in April from the King’s advising Shura Council.
The move is a possible step toward the largest Arab economy opening its $400 billion stock market to foreign investors, as Bloomberg notes, and will be embraced by the business community. With only four days’ notice, the announcement seems a bit rushed, however.
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