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Saudi National Day

Saudi Arabia
About This Indicator

About This Indicator

Description

Saudi National Day is a public holiday celebrated annually on September 23rd to commemorate the renaming of the Kingdom of Nejd and Hejaz to the Kingdom of Saudi Arabia by royal decree of King Abdulaziz Al Saud in 1932. All financial markets, including the Tadawul stock exchange, and government offices are closed during this period. The day is marked by nationwide festivities, cultural events, and fireworks, often leading to a temporary surge in domestic tourism and retail spending. It serves as a significant cultural milestone that reinforces national identity within the Kingdom.

Methodology

The holiday is observed on a fixed calendar date of September 23rd each year. If the day falls on a weekend, the Saudi Ministry of Human Resources typically designates compensatory working days off to ensure a full public holiday period.

No historical data available

Source · Central Bank — SAView Source