Page 276 - Aamir Rehman - Dubai & Co Global Strategies for Doing Business in the Gulf States-McGraw-Hill (2007)
P. 276

258                                                     Dubai & Co.



           TABLE 9.1
           Misaligned Workweeks


           Market Monday Tuesday Wednesday Thursday Friday Saturday Sunday
           UAE
           Qatar
           Bahrain
           Saudi
           Arabia
           Kuwait
           Oman
           US/EU
           Asia





        midday prayer itself is about an hour long and there is no religious
        prohibition against working at other times during the day, Friday
        has evolved into a customary day off for religious, family, and social
        activity. 32  Historically, the weekend for the GCC countries was
        Thursday and Friday, but half the states have switched to Friday
        and Saturday for easier coordination with global markets. At the
        time of this writing, Kuwait was considering making the shift, too. 33
        If the change goes through, only Saudi Arabia and Oman will be left
        on the Thursday-Friday schedule.
             The complications arising from these staggered schedules are
        significant. One challenge they create is that of finding times in
        which to make conference calls and meetings that don’t conflict
        with somebody’s day off. As is evident from Table 9.1, there are
        only three days—Monday, Tuesday, and Wednesday—when
        Western and all GCC markets are open. This creates a coordination
        window of only 60 percent of the week. The coordination challenge
        is made even greater by the significant time difference between the
        GCC and other major business cities. Table 9.2 below summarizes
        the time difference during standard time (not daylight savings
        time), when the gap is greatest.
             Four of the Gulf states are three hours ahead of Greenwich
        mean time; the UAE and Oman are four hours ahead. During day-
        light savings time in the United States and the UK, the gaps are
   271   272   273   274   275   276   277   278   279   280   281