Saudi Arabia Changes Weekend to Friday, Saturday
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Saudi Arabia will shift its weekend to Friday and Saturday starting next week, taking the biggest Arab economy a step closer to opening its $400 billion stock market to foreign investors.
Ministries and monetary agencies will adopt the new weekend from June 29, aligning Saudi Arabia with other Gulf Cooperation Council countries, according to a royal decree yesterday. The decision was taken based on “the economic position of the kingdom and its international and regional obligations,” it said. The weekend moves from Thursday and Friday.