Category: Middle East & Africa

UAE: Consumer comes first for would-be halal foods empire in Dubai

| 28/11/2013 | Reply
UAE: Consumer comes first for would-be halal foods empire in Dubai

Just as the emirate has set itself a three-year target to be the hub of the global Islamic economy, so Mr Lootah has set his sights high in the food industry.

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UAE: Halal Products Not Only For Muslims – Expert

| 26/11/2013 | Reply
UAE: Halal Products Not Only For Muslims – Expert

It is a mistake to market Halal products to Muslims only and more must be done to increase their marketability, one expert has said at the Global Islamic Economy Summit.

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UAE: The State of the Global Islamic Economy 2013 Report.

| 26/11/2013 | Reply
UAE: The State of the Global Islamic Economy 2013 Report.

The report, commissioned by ‘Dubai Capital of the Islamic Economy’ and produced by Thomson Reuters in collaboration with DinarStandard, was released at the Global Islamic Economy Summit 2013.

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UAE: Islamic governments should work hard to escalate Islamic businesses

| 26/11/2013 | Reply
UAE:  Islamic governments should work hard to escalate Islamic businesses

Highlighting two basic tools of the Islamic economy, Al Madani said that through Zakat and Waqf governments can build a new track in development and social prosperity.

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UAE: Mohammad Bin Rashid announces Islamic award winners

| 25/11/2013 | Reply
UAE:  Mohammad Bin Rashid announces Islamic award winners

The first edition of the Islamic Economy Award had received a marked success, as a large number of nominations were made for both individuals and institutions active across the various sectors of the Islamic economy.

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UAE Cabinet approves rules for GCC market integration

| 25/11/2013 | Reply
UAE Cabinet approves rules for GCC market integration

The Cabinet has approved the implementation of standard rules and principles for the integration of GCC financial markets, as well as the UAE’s Halal food control system.

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UAE: Islamic food, lifestyle market to hit $1.6 trillion

| 25/11/2013 | Reply
UAE: Islamic food, lifestyle market to hit $1.6 trillion

This forms the potential core market for halal food and lifestyle sectors, said The State of the Global Islamic Economy 2013 Report.

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UEA: First State of the Global Islamic Economy Report 2013

| 25/11/2013 | Reply
UEA: First State of the Global Islamic Economy Report 2013

While there are various major centres of Islamic economy — all in Asia — Dubai could emerge as the leader in the next phase of the evolution of Sharia compliant sectors.

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Dubai: Business and Media Training course for Islamic Economy

| 24/11/2013 | Reply
Dubai: Business and Media Training course for Islamic Economy

The higher committee for the development of the Islamic Economy Sector today rolled-out a media training course for business and economic journalists from the region’s top media houses.

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UAE: Dubai eyes profit in setting Islamic standards

| 24/11/2013 | Reply
UAE: Dubai eyes profit in setting Islamic standards

From cosmetics to accommodation, travel to toothpaste, complying with religious principles is becoming big business in the Muslim world, and Dubai sees an opportunity.

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Dubai: DED forms partnership with Malaysia’s HDC to support growth in halal industry sector

| 24/11/2013 | Reply
Dubai: DED forms partnership with Malaysia’s HDC to support growth in halal industry sector

The Department of Economic Development in Dubai and the Halal Industry Development Corporation of Malaysia have decided to jointly promote business in their respective halal sectors.

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UK: United Biscuits sets sights on Middle East growth

| 23/11/2013 | Reply
UK: United Biscuits sets sights on Middle East growth

The McVitie’s maker has teamed up with Saudi distributor Ali Zaid Al-Quraishi & Brothers Co to acquire Saudi biscuit and wafer producer Rana Confectionery Products.

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UAE: Demand on halal products to grow by 15%

| 22/11/2013 | Reply
UAE: Demand on halal products to grow by 15%

While Islami Food is a leading halal industry in the UAE, Lootah expected an increase in the number of investors in the halal market.

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UAE: Dubai can take a big bite out of global halal industry

| 21/11/2013 | Reply
UAE: Dubai can take a big bite out of global halal industry

Amid the global move towards an Islamic economy, Dubai has already laid its robust footsteps with the launch of “Dubai: Capital of Islamic Economy”.

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UAE: Glitzy Dubai eyes profit in setting Islamic standards

| 21/11/2013 | Reply
UAE: Glitzy Dubai eyes profit in setting Islamic standards

The emirate is mounting the world’s first systematic drive to profit from “halal” goods and services by setting global standards for them, as part of its plans to make the emirate a center of the “Islamic economy”

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UAE leads global halal standardisation drive

| 20/11/2013 | Reply
UAE leads global halal standardisation drive

UAE is taking a lead in efforts to create unified global halal standards that would offer a single point of reference and certification to manufacturers, consumers as well as suppliers.

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UAE Halal check: Meat, pudding, lipstick, carpets

| 20/11/2013 | Reply
UAE Halal check: Meat, pudding, lipstick, carpets

UAE residents do not need to worry about the food chain in the UAE,” said Al Badri. “Currently all food products on the shelves are halal, we are looking at the regulations in this sector.

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UAE: UAE bank offers gold bullion coins as profitable and safe investment option for clients

| 19/11/2013 | Reply
UAE: UAE bank offers gold bullion coins as profitable and safe investment option for clients

Noor Islamic Bank (Noor) has rolled out sales of the UAE gold bullion coins for retail buyers in denominations of one, half, quarter and one/tenth ounce in 99.99 per cent purity (24 karat).

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Saudi Arabia: Industry Leaders To Converge At Foodex For The Saudi Food Forum

| 12/11/2013 | Reply
Saudi Arabia: Industry Leaders To Converge At Foodex For The Saudi Food Forum

The forum invites industry experts to dissect the local market in terms of opportunities, key initiatives, innovation, challenges and sustainable growth.

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UAE: Food outlet named business of the year in SME awards

| 09/11/2013 | Reply
UAE: Food outlet named business of the year in SME awards

Just Falafel was named Gulf Capital Business of the Year at MEED’s Gulf Capital SMEinfo Awards for small and medium-sized enterprises (SMEs) .

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