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Saudi Arabia greenlights 5-day break for Eid Al-Fitr, Eid Al-Adha
19 Jan, 2024 / 10:14 am / OMNES Media LLC

Source: http://www.mashable.com

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Mashable: The announcement was made during the cabinet session held on Tuesday.

The Council of Ministers in the Kingdom of Saudi Arabia has declared a maximum of five official holidays for Eid Al-Fitr and Eid Al-Adha across specific government entities. This move aims to enhance the celebratory spirit and provide a well-deserved break for employees in these organizations.

#فيديو_واس | #خادم_الحرمين_الشريفين يرأس جلسة #مجلس_الوزراء.https://t.co/yQfF3ysPr4#واس pic.twitter.com/raDeyFrebm

— واس الأخبار الملكية (@spagov) January 16, 2024
The administrative lists of various government bodies, including authorities, institutions, centers, programs, and similar entities, will observe this five-day holiday period. Furthermore, entities with their own labor systems and regulations have the flexibility to extend Eid holidays to a mi

The announcement was made during the cabinet session held on Tuesday, January 16, under the guidance of King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, in Riyadh, as reported by the Saudi Press Agency (SPA).

#مجلس_الوزراء: تقوم الجهات الحكومية التي تطبق نظام العمل وفقاً لتنظيمها ولديها لائحة إدارية مستقلة ومعتمدة (الهيئات والمؤسسات والمراكز والبرامج وما في حكمها)، بتعديل لوائحها الإدارية، ليكون عدد أيام العطل الرسمية لكل من عطلة عيد الفطر وعطلة عيد الأضحى بحد أدنى (أربعة) أيام عمل،…

— واس الأخبار الملكية (@spagov) January 16, 2024
In addition to the festive news, the Cabinet applauded the Haj and Umrah Ministry for organizing the "Haj and Umrah Services Conference and Exhibition." This initiative aligns with the visionary goals of Saudi Vision 2030, promoting sustainable solutions within the sacred pilgrimages.

The session also saw the approval for Abu Dhabi Commercial Bank (ADCB) to open a branch in the Kingdom, highlighting Saudi Arabia's commitment to fostering economic partnerships. Furthermore, the Cabinet greenlit amendments to Articles 72 and 102 of the Common Customs Law for GCC countries, alongside a regulatory framework for financial product inter-registration between GCC stock market regulators.

Providing insights into the economic landscape, the Cabinet reported a steady decrease in inflation to 5.1 percent in December 2023. This decline signals the efficacy of proactive measures taken to combat the global rise in prices, showcasing the Kingdom's resilience in managing economic challenges.