A billionaire from Dubai has demanded that banks stay open over extended weekends since closing them harms the business community and consumers in a “direct harm” way.
Khalaf Al Habtoor, founder and chairman of Al Habtoor Group, stated that clients are impacted by bank closures in various ways, including problems completing financial operations and cashing urgent checks.
Though some UAE businesses were closed entirely over the nine-day Eid break, most continued to operate in some capacity, as previously reported by Khaleej Times. I understand that employees in the public and private sectors have a right to observe official holidays, but this does not imply that businesses should close. Al Habtoor stated, “Some essential areas and sectors cannot be closed for even an hour, much less three or four days.
Numerous instances of this exist, including hotels, hospitals, and airports. These procedures ensure that workers rotate shifts and that the organization or company they work for offers its clients essential services.
Renowned philanthropist Al Habtoor made headlines recently when he arranged and provided financial support for Afghan girls to finish their higher education in Dubai.
Al Habtoor Group is one of the biggest family-owned companies in the United Arab Emirates. It employs thousands of people and has interests in publishing, real estate, automotive, hotel, and automobile leasing.
