The Eid Al Fitr holiday for private sector employees will likely be Thursday and Friday, August 8 and 9, if Ramadan is 29 days this year.
The Minister of Labour, Saqr Ghobash, announced today that Shawwal 1 and 2 will be a paid holiday for all private sector employees.
The Securities and Commodities Authority also announced that financial markets will be closed on Wednesday, August 7 until Shawwal 3 for Eid Al Fitr. Trading will resume on Shawwal 4, reported Wam.
It is still unclear if Ramadan will run for 30 days or 29 days as it relies on the moon sighting, which will taken place on August 7.
If Ramadan runs for 30 days, then the holiday will be Friday and Saturday, August 9 and 10.
Federal Government offices will be closed from Wednesday, August 7, corresponding to Ramadan 29, until Shawwal 3 to mark Eid Al Fitr. If Ramadan is 30 days the holiday will move forward.
Offices will re-open on Shawwal 4, according to Wam, the state news agency.
The private sector will resume work on Shawwal 3, either a Saturday or Sunday.
On this occasion, Mr Ghobash passed on Eid greetings to the President, Sheikh Khalifa, and Vice President, Sheikh Mohammed bin Rashid.
He has offered his congratulations to the people of the UAE.