March Bank Holiday in Qatar
March Bank Holiday in Qatar is observed annually on the first Sunday in March. It is a day when all financial institutions operating under the supervision of the Qatar Central Bank take a day off.
Qatar (Bank holiday)As such, it is a day that does not affect the general population, although the closure of banks, money exchanges, investment offices, and finance companies can be an inconvenience to many people. Local businesses that are not in the financial sector usually operate under their ordinary business hours.
The History of March Bank Holiday in Qatar
The origins of this holiday can be traced back to 2009. This was when the Council of Ministers Decision No. 33 amended certain provisions of Decision No. 6, which were passed the previous year, and established public holidays in the State of Qatar. As a result, it was decided by the financial institutions of the country that the first Sunday in March would be a bank holiday.
Observing March Bank Holiday in Qatar
Since this day is not a nationwide holiday, most businesses operate according to their established hours. Banks and other financial institutions are closed for this day and remain so until the following business day. This may result in some financial transactions being delayed.
Qatar (Bank holiday)
