As many as 2,000 policymakers, thinkers and business leaders from around the world will attend the 2015 Global Islamic Economy Summit (GIES) in Dubai on October 5-6.
The summit, which aims at building a roadmap capitalizing on the opportunities within the growing global Islamic economy, is to be organized jointly by the Dubai Chamber, the Dubai Islamic Economy Development Centre (DIEDC), and Thomson Reuters, WAM reported.
Under the patronage of Sheikh Mohammad bin Rashid, vice president and prime minister of the UAE and ruler of Dubai, the summit will feature more than 60 international speakers across 15 sessions, offering comprehensive insights on seven core "pillars" within the Islamic economy: Islamic Finance, Halal Industry, Family Tourism, Islamic Knowledge, Islamic Arts and Design, Islamic Digital Economy, and Islamic Standards, IINA reported.
GIES 2015 aims to take forward the ideas brought to table in the last two years, supported by sound statistics emerging from Thomson Reuters ' research reports, and launch innovative initiatives that address gaps in the needs of consumers of Islamic products and services around the world.
The competition, unlike any other platform available in the Middle East, will effectively serve as an incubator for SMEs across the world that aims to serve the Islamic economy with their innovations.
The incubation services that will be awarded to the winner of the competition, worth over $10,000, will support them in establishing a presence in Dubai and bringing their idea to fruition.
Islamic Art and Fashion, a niche industry witnessing growing popularity outside of the Middle East region as well, will be highlighted through an exhibition at the venue. The Islamic Economy Awards will recognize initiatives and ideas pertaining to eight key categories that have served to enhance bilateral trade and investment relations between Islamic nations.
Majid Saif Al Ghurair, Chairman of Dubai Chamber, said: "Dubai has played a central role in the growth story of the Global Islamic Economy (GIE) and we are convening top business minds and enterprising young individuals to hear from them new ideas and insights that can positively shape the industry further."
For his part, Abdulla Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre, added: "The summit is designed to give a full picture of the Islamic Economy with a focus on the breadth of sectors underpinning the phenomenal growth and highlight the impact of trends that we all contribute towards in our everyday lives."
Nadim Najjar, managing director of Thomson Reuters, Middle East and North Africa, commented: "We have assembled two days of programming for delegates attending GIES 2015 which will explore how the Islamic economy is having an increasing effect at the global level, and how it presents viable solutions well beyond the typical sectors of banking and finance.". Tags: #
SEOUL (South Korea): Sprawling South Korean conglomerate Samsung Electronics has recovered from a humiliating recall fiasco and the arrest of its de f... More
BEIRUT: Nearly 90,000 Iranians are expected to perform the Haj in Makkah this year after Tehran boycotted the pilgrimage last year amid tensions with ... More
JERUSALEM: Israel reopened an ultra-sensitive holy site on Sunday closed after an attack that killed two policemen, but Muslim worshippers were refusi... More
A suspected US-led coalition air raid on an ISIL-run prison in eastern Syria has killed at least 57 people, according to a monitoring group. ... More
Kuwait: Kuwait has launched an online platform in five languages Arabic, English, Hindi, Filipino and Urdu to educate foreigner workers on their legal... More
SRINAGAR: Indian security forces, in their recent act of state act of terrorism, martyred 2 additional geographic areai youth in Kupwara district of o... More
ANKARA: Chief of the military staff (COAS) General Qamar Javed Bajwa arrived here on Tuesday on an officer visit. The COAS visited the solon burial ch... More
JERUSALEM: Israeli Prime Minister Benjamin announced the start of work Tuesday on a new settlement in the occupied West Bank as US envoys prepared to ... More