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Category: Finance & Investment

Saudi Arabia to invest $64 billion in entertainment sector

| 23/02/2018 | Reply
Saudi Arabia to invest $64 billion in entertainment sector

Riyadh will be looking to invest $64 billion in the coming decade in the entertainment sector as part of the series of reforms dubbed ‘Vision 2030’.

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UAE: New Islamic economy products unveiled in Dubai

| 22/02/2018 | Reply
UAE: New Islamic economy products unveiled in Dubai

The first product launched was the ‘Exchangeable Sukuk’, then the ‘Awqaf Fund’ and finally the ‘Flexible Credit Card’ was the third product launched at IIPIEP 2018

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UAE: Start-up movement in the Arab World picks up pace with AIM Startup

| 21/02/2018 | Reply
UAE: Start-up movement in the Arab World picks up pace with AIM Startup

An initiative of the UAE Ministry of Economy, AIM Startup brings tech-entrepreneurs closer to investors, venture capital funds and mentors.

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Canada: OneWorld Foods partner to bring authentic Halal food experience to Canadians

| 14/02/2018 | Reply
Canada: OneWorld Foods partner to bring authentic Halal food experience to Canadians

With a growing ethnic market, and an increasingly sophisticated consumer seeking high flavour profiles with great food, OneWorld is well on its way to success.

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UK: Bradford directors disqualified over purchase of gold bullion

| 10/02/2018 | Reply
UK: Bradford directors disqualified over purchase of gold bullion

Greentabs Ltd (CRO No 03484420) formerly known as Mumtaz Food Industries Ltd, was incorporated on 22 December 1997 as a restaurant and food manufacturing plant.

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UAE: DIEDC to Enhance Cooperation in Islamic Economy With RIW Group

| 15/01/2018 | Reply
UAE: DIEDC to Enhance Cooperation in Islamic Economy With RIW Group

Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Islamic economy with the Dubai Islamic Economy Development Centre.

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Saudi Arabia: Saudi fashion goes global

| 24/12/2017 | Reply
Saudi Arabia:  Saudi fashion goes global

“There’s so much talent and so many buyers and beautiful boutiques in Saudi — we have the right people that can actually make this happen and make it a hub.”

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UAE: DAFZA’s Strategy for Islamic Economy

| 18/12/2017 | Reply
UAE: DAFZA’s Strategy for Islamic Economy

DAFZA’s Strategy for Islamic Economy is based on strategic initiatives involving the Islamic economy and halal sectors

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UAE, UK keen to explore Islamic finance synergies

| 14/12/2017 | Reply
UAE, UK keen to explore Islamic finance synergies

London Lord Mayor looks forward to further strengthening the existing relationship and exploring synergies in Islamic finance between the City of London and the DIEDC.

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Bahrain’s WIBC summit draws top global banking giants

| 07/12/2017 | Reply
Bahrain’s WIBC summit draws top global banking giants

ALGO Bahrain – the world’s first Fintech Consortium of Islamic Banks to enable Islamic banks for the paradigm shift in the banking industry as a result of financial technology (Fintech) was launched at the event.

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Bahrain: Industry Stalwarts set to headline the 24th World Islamic Banking Conference

| 04/12/2017 | Reply
Bahrain: Industry Stalwarts set to headline the 24th World Islamic Banking Conference

“Drivers of Economic Growth & Risks: Policymakers & Regulators”, is in line with the conference’s steady vision to serve as a compass for the global Islamic finance and banking industry.

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UAE leads key sectors in global Islamic economy

| 28/11/2017 | Reply
UAE leads key sectors in global Islamic economy

The Global Islamic Economy Indicator for this year evaluated the health of the Islamic economy ecosystem across more than 73 countries, based on equally weighted key metric categories.

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Opinion: Islamic economy on growth path as consumer demand rises

| 28/11/2017 | Reply
Opinion: Islamic economy on growth path as consumer demand rises

The Islamic economy is on a robust growth trajectory worldwide, according to the State of the Global Islamic Economy Report 2017-2018.

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Turkey: Qatar Economy minister calls for joint Islamic market

| 25/11/2017 | Reply
Turkey: Qatar Economy minister calls for joint Islamic market

The minister said that the meeting was taking place at a time of risky geopolitical climate and regional developments that require Islamic countries to unite and enhance trade and investment ties.

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Muslims care more about Halal food than Halal income, says Malaysian minister

| 25/11/2017 | Reply
Muslims care more about Halal food than Halal income, says Malaysian minister

“The concern over halal food and halal labels is paramount. But the similar concerns may not be true when it comes to where the money comes from to buy that halal food,” Dusuki said.

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Bahrain: 24th World Islamic Banking Conference to highlight digital technologies

| 22/11/2017 | Reply
Bahrain: 24th World Islamic Banking Conference to highlight digital technologies

24th World Islamic Banking Conference to highlight how effective leverage ofdigital technologies is paramount to retaining c ompetitive edge.

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Cape Town first-ever Halal Conference leads to $6 million worth of business deals

| 16/11/2017 | Reply
Cape Town first-ever Halal Conference leads to $6 million worth of business deals

This will assist in the long-term vision of establishing Cape Town as the Halal Hub for Africa that will include opportunities for trade, tourism and investment in the Western Cape.

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Istanbul gets ready for World Halal Summit, Halal Expo

| 14/11/2017 | Reply
Istanbul gets ready for World Halal Summit, Halal Expo

Conferences and workshops titled “Islamic Finance”, “Halal Food Industry”, “Islamic Tourism”, “Hajj and Umrah”, “Halal Medicine, Pharma and Chemistry”, “Islamic Life and Halal Textile” will be held in the expo.

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Pakistan: Malaysia to set up Halal food industry at Ghazi, Haripur

| 03/11/2017 | Reply
Pakistan: Malaysia to set up Halal food industry at Ghazi, Haripur

Malaysia will establish Halal food industry at Ghazi, Haripur and in this regard an agreement was also signed with Canada.

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UAE based Halal food company begins manufacturing in Brunei

| 02/11/2017 | Reply
UAE based Halal food company begins manufacturing in Brunei

Saahtain Group officially launched its Bruneian subsidiary Saahtain Asia Sdn Bhd, which manufactures Halal ready-to-eat meals at their newly operational facility at the Salambigar Industrial Park for export.

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