Abu Dhabi, Sep 17 - The financial markets in the United Arab Emirates (UAE) will remain closed from Saturday, the 29th day of Ramzan until the 3rd of the month of Shawwal to observe Eid holidays, WAM news agency reported.

The Securities and Commodities Authority (SCA) has decided to close the financial markets after consultation with the representatives of the markets and financial institutions in the country, according to the report Wednesday.