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Category: Middle East & Africa

UAE: Muslims’ spending on F&B ranks first worldwide

| 26/10/2016 | Reply
UAE: Muslims’ spending on F&B ranks first worldwide

The Halal industry is set to reap the benefits given the right drivers are in place as the IHAF pushes the Halal standardisation agenda forward.

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Northern Irish produce gaining ground in UAE

| 23/10/2016 | Reply
Northern Irish produce gaining ground in UAE

From 2011 to 2015, this tiny nation has seen an increase of 24 per cent when it comes to food and beverage exports to the Middle East & Africa (MEA).

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Korean cosmetics makers eye new opportunities in Middle East

| 19/10/2016 | Reply
Korean cosmetics makers eye new opportunities in Middle East

Muslim spending on cosmetics is expected to grow from $46 billion in 2013 to $73 billion by 2019 to account for over 8.2 percent of global expenditure.

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Saudi Arabia set to become world’s biggest tech investor

| 19/10/2016 | Reply
Saudi Arabia set to become world’s biggest tech investor

The Kingdom is joining forces with Japan’s Softbank to create a giant $100 billion fund which could become a dominant player in the industry.

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Brazil Challenges Indonesia’s Halal Certification Policy

| 17/10/2016 | Reply
Brazil Challenges Indonesia’s Halal Certification Policy

Brazil has filed a complaint against Indonesia to the World Trade Organization, challenging Indonesia’s halal certification requirements for imported meat.

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GIES: HalalBooking.com wins the ‘Islamic Economy Award in Hospitality and Tourism 2016’

| 16/10/2016 | Reply
GIES: HalalBooking.com wins the ‘Islamic Economy Award in Hospitality and Tourism 2016’

The choice was based on formal, established criteria on HalalBooking.com for inventing its “precise total family pricing” feature.

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World Halal Tourism Awards nominations extended

| 13/10/2016 | Reply
World Halal Tourism Awards nominations extended

The 2nd edition of World Halal Tourism Awards has extended its deadline of nomination until 21st October due to overwhelming requests received.

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GIES: UAE to set up the world’s first Sharia-compliant trade bank

| 13/10/2016 | 1 Reply
GIES: UAE to set up the world’s first Sharia-compliant trade bank

DIEDC are in discussions with the Central Bank of the UAE to obtain approval for a wholesale Islamic banking licence for the new entity.

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GIES: Halal food industry still far from realizing full potential

| 13/10/2016 | Reply
GIES: Halal food industry still far from realizing full potential

The halal food industry is still far from achieving its full potential and not leading in quality and profitable business, according to industry experts.

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GIES: Capitalise on Muslim population growth

| 13/10/2016 | Reply
GIES:  Capitalise on Muslim population growth

GIES with key messages – focus on innovation and technology and capitalise on the rapid Muslim population growth.

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GIES: Stakeholders in Islamic economy need to focus on start-ups

| 13/10/2016 | Reply
GIES: Stakeholders in Islamic economy need to focus on start-ups

There’s huge market potential in e-commerce, where only 1 per cent of commerce in Muslim countries is done online for the time being.

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GIES: Global Islamic Economy Summit 2016 witnesses launch of Awqaf International Organization

| 13/10/2016 | Reply
GIES: Global Islamic Economy Summit 2016 witnesses launch of Awqaf International Organization

The pioneering initiative is mandated to enhance the role of endowments in the development of societies worldwide.

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Innovation 4 Impact Competition: 5 finalists pitched innovations for Islamic digital economy

| 12/10/2016 | Reply
Innovation 4 Impact Competition: 5 finalists pitched innovations for Islamic digital economy

Innovation 4 Impact is designed to support Islamic digital entrepreneurs from around the world obtain mentorship, advice, investment and scale their business ventures.

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GIES: Hamdan bin Mohammed attends 3rd Global Islamic Economy Summit

| 12/10/2016 | 2 Replies
GIES: Hamdan bin Mohammed attends 3rd Global Islamic Economy Summit

The Summit attracted more than 3,000 delegates including leaders, decision makers, experts, and specialists from all sectors of the economy. The winners of the Islamic Economy Awards were announced.

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GIES: Sheikh Hamdan launches ‘My Salaam’ App and Portal

| 12/10/2016 | Reply
GIES: Sheikh Hamdan launches ‘My Salaam’ App and Portal

The digital platform seamlessly combines trending modest fashion stories with providing a marketplace outlet for Islamic products and services.

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GIES: Non OIC markets looking to boost exports of halal food

| 12/10/2016 | Reply
GIES: Non OIC markets looking to boost exports of halal food

By Sarah Algethami, Gulf News The biggest suppliers of halal meat are from non OIC countries DUBAI: Food exporters from non Muslim majority countries are taking advantage of the growth in the global halal food market, according to an industry expert. Rafi-uddin Shikoh, chief executive and managing director at research firm DinarStandard, said that the […]

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GIES: Governments need to do more to address needs of Islamic youth

| 12/10/2016 | Reply
GIES: Governments need to do more to address needs of Islamic youth

Governments across the Arab region need to do more to address the needs of the youth in the region, said panellists participating in the opening plenary session of GIES 2016.

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GIES: Global Islamic Economy Summit seeks to develop Muslims’ products

| 12/10/2016 | Reply
GIES: Global Islamic Economy Summit seeks to develop Muslims’ products

Experts discussed the challenges and opportunities of the rapid growth of youth among Muslim populations that make up around 1.7 billion.

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GIES: Sheikh Mohammed says Islamic Economy has proved its efficiency over the years

| 11/10/2016 | Reply
GIES: Sheikh Mohammed says Islamic Economy has proved its efficiency over the years

“The Islamic Economic system has been tested by various international financial institutions, and we have started reaping the benefits of this system.”

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UAE: Third Islamic Economy Summit begins in Dubai on Tuesday

| 11/10/2016 | Reply
UAE: Third Islamic Economy Summit begins in Dubai on Tuesday

Themed “Inspiring Change,” the summit will be held under the patronage of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

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