Category: G-20 News

UAE: DIEDC Explores Collaboration within the Islamic Economy sectors of Southeast Asia

| 17/10/2019
UAE: DIEDC Explores Collaboration within the Islamic Economy sectors of Southeast Asia

The initiative provided an ideal platform for the exchange of knowledge and experiences as well as identifying new opportunities for cooperation in developing the Islamic economy.

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Indonesia’s Mandatory Halal Labeling Leaves Firms in Disarray

| 17/10/2019
Indonesia’s Mandatory Halal Labeling Leaves Firms in Disarray

The compulsory labeling will first apply to the food and beverage services from 17 October before expanding into drugs, cosmetics and other consumer goods.

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UK: World’s leading Muslim lifestyle event returns for FIFTH successive year

| 11/10/2019
UK: World’s leading Muslim lifestyle event returns for FIFTH successive year

The UK’s biggest showcase of one of the fastest growing consumer markets takes place at The Muslim Lifestyle Expo 2019 at EventCity, Manchester on October 26 – 27th 2019.

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Saudi Arabia allows foreign men and women to share hotel rooms

| 07/10/2019
Saudi Arabia allows foreign men and women to share hotel rooms

Recent changes are part of de facto ruler Crown Prince Mohammed bin Salman’s ambitious economic and social reform agenda.

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What the $7B UAE-India food corridor means to businesses in the region

| 04/10/2019
What the $7B UAE-India food corridor means to businesses in the region

By Priya Wadhya – sme10X.com 30% of food in India goes to waste due to lack of infrastructure. Food security is one of the key pillars of UAE’s vision. In November 2018, the National Strategy for Food Security was presented during the UAE Government’s second Annual Meetings. The strategy’s goals focused on “facilitating the global […]

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Indonesia: New agency unprepared for halal certification tasks: Ombudsman

| 28/09/2019
Indonesia: New agency unprepared for halal certification tasks: Ombudsman

Despite the highlighted issues, BPJPH head Sukoso remained confident that the agency will be able to handle the task of issuing halal certifications.

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Opinion: Islamophobia on the rise in Europe, discussion at EU Parliament concludes

| 25/09/2019
Opinion: Islamophobia on the rise in Europe, discussion at EU Parliament concludes

EU Parliament lawmaker Magid Magid, said the far-right started to gather supporters across Europe, and that these people not only threatened human rights but also security.

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UK: HalalBooking Attracts International Investment with a $50 Million Valuation

| 25/09/2019
UK: HalalBooking Attracts International Investment with a $50 Million Valuation

The first half of 2019 has been very successful for the online search and booking platform, with more than 60% growth in net revenue compared to the same period in 2018.

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Indonesian delegation visits Dubai to learn about Islamic economy system in UAE

| 24/09/2019
Indonesian delegation visits Dubai to learn about Islamic economy system in UAE

DIEDC, has received a senior financial delegation from Indonesia that aimed to learn about the Islamic economy system in the UAE.

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Delegation from Saudi Arabia to participate at Sarajevo Halal Fair

| 23/09/2019
Delegation from Saudi Arabia to participate at Sarajevo Halal Fair

The Islamic Development Bank, one of the largest multilateral financial institutions in the world, has established the THIQAH Business Forum.

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Indonesia 4.0: Food industry tech and innovation to play ‘huge’ role in country

| 23/09/2019
Indonesia 4.0: Food industry tech and innovation to play ‘huge’ role in country

The F&B industry will be a key driver of the country’s economic development, especially in terms of processed food and beverage products.

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Muslim model changing the fashion industry and inspiring others

| 23/09/2019
Muslim model changing the fashion industry and inspiring others

WHEN Mariah Idrissi pulls one of her many hijabs from a bag during photo shoots, it is as important as her shoes, jewellery or make-up. It is part of her identity.

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Modanisa targets first Turkish unicorn status with Muslim womenswear

| 19/09/2019
Modanisa targets first Turkish unicorn status with Muslim womenswear

The business has tapped into a global market of Muslim consumers with growing purchasing power.

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Opinion: Religious doctrine scrambles to catch up to new food technology

| 14/09/2019
Opinion: Religious doctrine scrambles to catch up to new food technology

Impossible Foods received its halal certification from the Islamic Food and Nutrition Council of America in December 2018.

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Germany: New trade show responds to growing importance of Halal products

| 12/09/2019
Germany: New trade show responds to growing importance of Halal products

Deutsche Messe is catering for this trend with its new HALAL HANNOVER trade show being held 6-8 March 2020.

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Clean label trend: Why food safety is most important aspect for Middle East consumers

| 11/09/2019
Clean label trend: Why food safety is most important aspect for Middle East consumers

Clean label is a consumer driven movement, demanding a return to real food and transparency through authenticity. Food products containing natural, familiar, simple ingredients that are easy to recognize, understand, and pronounce. No artificial ingredients or synthetic chemicals. Products consumers recognise and think of as wholesome—ingredients that consumers might use at home. One major retailer […]

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Malaysia, Turkey to boost bilateral trade to US$5b over next five years

| 11/09/2019
Malaysia, Turkey to boost bilateral trade to US$5b over next five years

Malaysia and Turkey are working on widening the trade relationship in areas such as defence, technology, food and services, as well as electronics.

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Massive potential: Why are ASEAN halal food exports growing at a slower rate than global demand?

| 11/09/2019
Massive potential: Why are ASEAN halal food exports growing at a slower rate than global demand?

Halal food exports from South East Asian countries are seemingly sluggish, despite soaring consumer demand and a more sophisticated regulatory regime.

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U.S. PE firm Frost Capital acquires Affinis Labs in $8 mln deal

| 07/09/2019
U.S. PE firm Frost Capital acquires Affinis Labs in $8 mln deal

The two companies said in a statement that the acquisition will enable Affinis Labs to “extend its offerings to disadvantaged communities and new regional markets around the world”.

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CIS: Lack of standardisation poses problems for halal industry in CIS, notes conference

| 05/09/2019
CIS: Lack of standardisation poses problems for halal industry in CIS, notes conference

Private companies frequently work without accreditation certificates and several organisations issuing them are not registered legal entities.

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