Finance House: The First Non-Governmental Entity to Transition into a 4.5 Day Working Week

Abu Dhabi - December 08, 2021 - In line with the UAE Federal Government's new guidelines, Finance House is proud to announce that it is the first non-governmental entity in the UAE to transition into a four-and-a-half day working week, with Friday afternoon, Saturday, and Sunday forming the new weekend.

Mohammed Abdulla Alqubaisi, Founder of Finance House, commented: "At Finance House, we continuously strive to offer our employees working conditions that provide them with a better quality of life, improved social well-being, and good work-life-balance. We are sure that this four-and-a-half day working week will positively impact our employees, making them happier, more comfortable, and more productive."

Alqubaisi added: "Starting January 2022, and subject to UAE Central Bank regulation, we will ensure a smooth transition in our business operations that will improve our employees' welfare and shall ensure that this move does not affect customer service levels."

Finance House is regulated by the UAE Central Bank, and its decision to transition into a four-and-a-half day working week, is subject to the UAE Central Bank regulation and guidance in this regard.

About Finance House:

Finance House PJSC is an Abu Dhabi - headquartered finance company that was established on 13 March 2004 and commenced its operations on 18 July 2004.

The principal activities of the Company are commercial and retail financing, financial services and investments. The Company is licensed and regulated by the Central Bank of the UAE.

The major shareholders of Finance House include a number of prominent UAE businessmen, high net worth individuals and dignitaries.

Finance House is listed on the Abu Dhabi Exchange under the ticker symbol FH and is categorized as a "Grade One" company by the Emirates Securities & Commodities Authority (SCA).

Finance House is rated BBB- long-term and A3 short-term, both with Stable Outlook by Capital Intelligence.

For further information, kindly contact:

Wissam Farran - Group Head

Marketing & Communications Department

Finance House PJSC

Tel: +971 2 6194893

Fax: +971 2 6315806

Email: wissam.f@fh.ae

www.FH.ae

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Disclaimer

Finance House PJSC published this content on 21 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 09:21:05 UTC.