• Families enjoy their day off at the Green Heaven Farm in Sharjah. Khushnum Bhandari / The National
    Families enjoy their day off at the Green Heaven Farm in Sharjah. Khushnum Bhandari / The National
  • Nassir Al Kashwani, 45, a Sharjah Department of Finance employee, with his daughter Hajar, 8, at their home. Photo: Nassir Al Kashwani
    Nassir Al Kashwani, 45, a Sharjah Department of Finance employee, with his daughter Hajar, 8, at their home. Photo: Nassir Al Kashwani
  • Tala Saadi, from Jordan, says her children Juman, 10, and Rayan, 7, spend the extended weekend at home watching content on their tablets. Photo: Tala Saadi
    Tala Saadi, from Jordan, says her children Juman, 10, and Rayan, 7, spend the extended weekend at home watching content on their tablets. Photo: Tala Saadi
  • Beit Sitti Restaurant in Sharjah’s Al Qasba has reported an increase in footfall since January. Salam Al Amir / The National
    Beit Sitti Restaurant in Sharjah’s Al Qasba has reported an increase in footfall since January. Salam Al Amir / The National

Six months after it adopted a four-day week, has life in Sharjah changed?


Salam Al Amir
  • English
  • Arabic

People in Sharjah who now work four days a week have said they are healthier, happier, and have more time with their families.

Sharjah rang in the changes on January 1 by introducing a four-day working week after the UAE federal government adopted a Saturday-Sunday weekend, with half a day of work on Fridays.

And, six months on, people in the emirate said they are happier.

It also provides an additional day of weekend trade for businesses keen to serve customers who are now enjoying more leisure time.

The National spoke to people in Sharjah about how their life has changed in the past six months.

Government workers

Emirati Nassir Al Kashwani, 45, who works for the Sharjah Department of Finance, said he is a happier and more engaged parent now.

“I have four children and I'm spending more time with them. I have become more of a friend to them than just a father," Mr Al Kashwani said.

"I have built a strong bond with the children and have discovered more about their interests".

“My eight-year-old daughter has a passion for make-up art. She wants to take courses and become a make-up artist. I was not aware of this earlier.”

He said the one extra day off means his extended family meets once or twice a week. His brothers and sisters and their families gather at their elderly parents' home.

"My parents look forward to meeting all of us and this gives them emotional strength in old age. They feel loved and cared for," he said.

Mr Al Kashwani said before the decision was passed he would go to work tired on Sunday if the extended families met on a Saturday evening.

“Recently it's become more relaxed. We meet the family from my side and from my wife’s side and still have time to relax or do other things,” he said.

Nassir Al Kashwani, 45, an employee at the Sharjah Department of Finance, with his daughter Hajar, 8, at their home. Photo: Nassir Al Kashwani
Nassir Al Kashwani, 45, an employee at the Sharjah Department of Finance, with his daughter Hajar, 8, at their home. Photo: Nassir Al Kashwani

Mr Al Kashwani is also an agent for football players, working independently to get better them contracts in local clubs, as well as a die-hard fan of the sport. With an extra day off work, he can now watch all the games of his favourite Brazilian team.

“Sometimes, I need to stay up late to watch some games due to the time difference and I used to go to work tired and sleepless but now it's different,” he said.

The three-day weekend also means people go out more and spend more. In business, we call it "retain of earnings”, he said.

“The more people have time, the more they go sightseeing, the more they will shop and dine out and this means the economy will grow,” Mr Al Kashwani said.

Tourism and hospitality

A three-day weekend has been a blessing for the restaurant industry, especially after the pandemic.

Beit Sitti Restaurant in Sharjah’s Al Qasba has seen a big increase in footfall during the past few months as the weather was cooler.

Mr Cliff, floor manager at the restaurant, said tables were full as people had more time off and the weather was good.

“We had many customers coming but now it's off-season so a dip is expected,” he said.

Hotel bookings have also increased in the past six months but it has not been a very substantial growth.

Mohamed Moneim, front office manager at the Double Tree Hotel in Ras Al Khaimah, said many guests come from Sharjah and he expects more people to come for short staycations over the summer months.

“Although the rise in hotel guest numbers is not a remarkable increase, it is an increase nonetheless, and the long weekend is one of the factors that contributed to it,” he said.

“I expect that in the near future the number of guests will further rise.”

Family life

The long weekend rule does not apply to the private sector and it is up to these companies to offer a two or three-day weekend to employees.

Not all have benefitted from the change and some employees even work six days a week.

The new labour law, which came into effect on February 2, gave the private sector the flexibility to decide the employees’ weekends, as long as they have at least one day off per week.

“I work four days while my husband works six days for a private company,” said Tala Saadi, 40, from Jordan who works in a private school in Sharjah.

Tala Saadi, from Jordan, says her children Juman, 10, and Rayan, 7, spend the extended weekend at home watching or playing on their tablets as her husband works six days a week. Photo: Tala Saadi
Tala Saadi, from Jordan, says her children Juman, 10, and Rayan, 7, spend the extended weekend at home watching or playing on their tablets as her husband works six days a week. Photo: Tala Saadi

Her two children spend their weekend at home and are bored, she said.

“We have our lunches alone as usual and do some homework, then my children watch TV or play on their tablets.”

They rarely leave the house because the family has one car, which her husband uses to go to work.

“My children miss their father very much. They ask about him more because now they have more free time on their hands to notice he is gone for long hours,” she said.

“My husband’s one-day holiday is barely enough for him to rest, fix things around the house, buy essential items, visit other family members here, or spend time with.”

Ms Tala hopes the three-day weekend would be implemented in the private and public sectors and across the country.

“I'm sure there are many other families, like mine, who have members who have a long work week.”

The push to enforce a four-day workweek has gathered pace around the world.

In February, Belgium made the switch without loss of salary, while the UK began its trial of a four-day working week.

In Scotland, a government trial is due to start in 2023, while Wales is also considering it.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

Updated: June 10, 2022, 9:36 AM