Dubai: The Abu Dhabi Global Market will change to a Monday-to-Friday working week from January 1 for its 3,700 or more registered entities. The working week transition in the financial hub has occurred after the announcement of the four-and-a-half day work week for the government workforce in UAE. UAE is the first nation to introduce a four-and-a-half day work week for the government workforce.

"As an international financial center (IFC) strategically positioned along the East-West trade corridors, ADGM has been a vital partner and business enabler to local and international stakeholders and customers,” said Ahmed Jasim Al Zaabi, Chairman of ADGM.

With the working week in sync with the worldwide business sectors, more market people will look towards UAE - and ADGM - as their base for additional growth in the region. “ADGM stays committed and will keep on propelling the economic competitiveness and sustainability of Abu Dhabi and the UAE through its innovativeness, robust regulatory frameworks, connectivity, and world-class services,” the Chairman added.

Considering the current situation, ADGM has become an attraction for fintech and new companies. A heap of initiatives and funding possibilities have been adjusted within the center's system to tap the smartest thoughts out there in the financial services space.