x Abu Dhabi, UAEFriday 28 July 2017

July/August corporate and economic calendar for the UAE and overseas

These are the doldrums yet these two months will not be without events. For a one-stop shop on all the business events to watch out for this summer, this is the place.

A man walks up the staircase to a Boeing 787 Dreamliner aircraft at the Farnborough International Airshow, which takes place this month.  Adrian Dennis / AFP
A man walks up the staircase to a Boeing 787 Dreamliner aircraft at the Farnborough International Airshow, which takes place this month. Adrian Dennis / AFP

These are the doldrums yet these two months will not be without events. For a one-stop shop on all the business events to watch out for this summer, this is the place.

(all times are UAE time unless otherwise noted)

Through July 27 (forecast): Ramadan continues. Working hours for employees in the private sector will be reduced by two hours during Ramadan. No salary reduction should accompany the shorter workday, the Ministry of Labour said on June 23. Federal ministries and government entities will operate from 9am-2pm during the holy month, according to the state news agency, Wam.

July 1: Markets in Canada are closed for Canada Day.

July 3: FailCon Dubai is held at The Cribb. At FailCon, tech entrepreneurs discuss what they have learnt from their failures. The conference runs from 6pm to 12.40am.

July 3: The governing council of the European Central Bank (ECB) meets in Frankfurt.

July 3: The US labour department releases jobs data for June at 4.30pm UAE time. According to a survey of economists ahead of the report, US employers probably added about 200,000 workers and the jobless rate held at a six-year low of 6.3 per cent.

July 4: Markets in the United States are closed for Independence Day. On July 3, the markets will have closed at 1pm local time.

July 9-10: The monetary policy committee of the Bank of England meets. Minutes of the meeting are to be published on July 23.

July 13: For many people, thoughts of work will be secondary: this is the day of the World Cup championship match. Kickoff at 11pm.

July 14-20: The Farnborough International Airshow is held west of London. Exhibitors are to include Airbus, Bell Helicopter, Boeing, Rolls-Royce and the Welsh government. The trade show runs every two years. The public portion of this year’s show is on July 19 and 20.

July 15: Etihad begins flights north-west to Rome and all the way across the Indian Ocean to Perth. Rome has the Colosseum. Perth has Dinosaur Discovery: Lost Creatures of the Cretaceous showing at the Western Australian Museum.

July 17: No rest for central bankers, as the governing council of the ECB meets again in Frankfurt.

July 21: Markets in Japan are closed for Marine Day.

July 22: Dubai-listed Unikai, aka United Kaipara Diaries, whose products range from Mumtaz basmati rice to Al Murouj milk, is to hold an extraordinary general meeting at 3.30pm on company premises.

July 23: Al Firdous, a Dubai-listed hotel management company that specialises in hajj and umrah accommodation, is to hold its annual general meeting.

July 27: This is forecast to be the last day of Ramadan.

July 28-30: Eid Al Fitr holiday.

July 29-30: The Federal Open Market Committee of the US Federal Reserve meets. The meetings will not be followed by a press conference.

August 1: Emirates Airline begins a linked daily flight to the Nigerian cities of Kano, in the country’s north, and Abuja, the capital, in the country’s centre.

August 1: The US labour department releases jobs data for July at 4.30pm UAE time.

August 4: Most markets in Canada are closed for the civic holiday.

August 5: It’s a busy month for the people at Emirates, as they begin service to Chicago, also known as America’s Second City, also known as the City of Big Shoulders.

August 6-7: The monetary policy committee of the Bank of England meets. Minutes of the meeting are to be published on July 23. The meeting is to be followed by the bank’s inflation report on August 13 and publication of the meeting’s minutes on August 20.

August 25: UK markets are closed for the summer holiday.

Sources: The National, Bloomberg News, central bank websites, company news releases.