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Category: Middle East & Africa

UAE: IFDC Launchs New Fashion Category

| 22/09/2015 | Reply
UAE: IFDC Launchs New Fashion Category

Islamic Fashion and Design Council (IFDC) has signed a 16-store deal with global retailers to introduce their Pret-A-Cover™ for modest wear.

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UAE halal tourism investments to hit $350 billion in 5 years

| 21/09/2015 | Reply
UAE halal tourism investments to hit $350 billion in 5 years

United Arab Emirates is the fastest-growing halal market in the GCC region in terms of attracting or exporting Halal tourism products.

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Opinion: Muslim travel industry projected to grow to $200 billion by 2020

| 21/09/2015 | Reply
Opinion: Muslim travel industry projected to grow to $200 billion by 2020

This population segment offers one of the fastest-growing economies in the world, driven by products and services that are in line with Islamic beliefs.

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UAE: Need to adopt global standards for Islamic Economy

| 21/09/2015 | Reply
UAE: Need to adopt global standards for Islamic Economy

The adoption of globally accepted standards for different Islamic economy jurisdictions will not only benefit the producers, but will also enhance trade.

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Opinion: This ‘H’ Nation is Bigger than China & India!

| 21/09/2015 | Reply
Opinion: This ‘H’ Nation is Bigger than China & India!

Introducing ‘Nation H” – a population comparable with India and China, the global Muslim community of 1.8 billion people and growing.

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UAE: DIEDC finalizes plans for Islamic economy portal

| 19/09/2015 | Reply
UAE:  DIEDC finalizes plans for Islamic economy portal

The portal is being designed to serve as a global reference for the burgeoning Shariah-compliant economic sector.

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UAE: DIEDC approves launch of digital Islamic economy portal

| 17/09/2015 | Reply
UAE: DIEDC approves launch of digital Islamic economy portal

The Board of Directors of the Dubai Islamic Economy Development Centre (DIEDC) today approved the launch of a digital Islamic economy portal.

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UAE: Gulfood Manufacturing 2015 – 27-29 October, Dubai

| 17/09/2015 | Reply
UAE: Gulfood Manufacturing 2015 – 27-29 October, Dubai

Biggest F&B processing exhibition in MEASA region highlights regional growth factors for industry.

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Buffet-backed fast food chain Dairy Queen in major UAE expansion

| 15/09/2015 | Reply
Buffet-backed fast food chain Dairy Queen in major UAE expansion

In November last year, US-based franchise company Bajco Group said it signed a deal with Buffett’s Berkshire Hathaway to bring the fast food brand back to the UAE.

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Lulu Hypermarket set for Indonesia foray

| 15/09/2015 | Reply
Lulu Hypermarket set for Indonesia foray

The retail group will spend $300 million on opening 15 hypermarkets in the largest Muslim nation in the next two years.

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Iran plans entry into Halal food market

| 14/09/2015 | Reply
Iran plans entry into Halal food market

Iran plans to launch its international halal food brand in the next few months, aiming to tap an under-served regional market of 400 million people.

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Oman, Bahrain ‘most affected’ by oil price slump

| 14/09/2015 | Reply
Oman, Bahrain ‘most affected’ by oil price slump

The UAE’s economy is one of the most diversified among the GCC countries, making it resilient to falling oil prices.

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Indonesia lists world’s biggest sukuk in Dubai

| 14/09/2015 | Reply
Indonesia lists world’s biggest sukuk in Dubai

Indonesia listed four sukuk valued at Dh22 billion as Dubai further reinforced its position as the world’s leading hub for Islamic economy.

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UAE: Tawreeq Holdings offering Shariah Compliant financing for SMEs

| 14/09/2015 | Reply
UAE: Tawreeq Holdings offering Shariah Compliant financing for SMEs

Sharia-compliant supply chain finance innovator aims to facilitate $500 million in funding for SMEs and corporates over next 18 months.

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UAE: Dafza in deal to boost Islamic economy

| 13/09/2015 | Reply
UAE: Dafza in deal to boost Islamic economy

It primarily focuses on choosing Dubai, and Dafza in particular, to be the headquarters of the International Center of Islamic Economy.

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Gambia Standards Bureau exposes stakeholders to Halal standards

| 11/09/2015 | Reply
Gambia Standards Bureau exposes stakeholders to Halal standards

The bureau is to implement OIC/SMIIC Halal Standards and related conformity assess to promote and facilitate trade in the OIC countries.

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Iranian investors launch largest slaughterhouse in Armenia

| 11/09/2015 | Reply
Iranian investors launch largest slaughterhouse in Armenia

The facility is one of the biggest in the country and one of the biggest in the Caucuses sending beef and lamb to Iran and the Gulf.

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Thailand: TUF joins forces with Saudi food firm Savola

| 09/09/2015 | Reply
Thailand: TUF joins forces with Saudi food firm Savola

HAI UNION Frozen Products (TUF), the world’s leading seafood processor, and Savola Foods Company, one of the largest food companies in the Middle East, have announced a joint venture.

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Dubai Exports sharpens focus on fast-growing East African markets

| 03/09/2015 | Reply
Dubai Exports sharpens focus on fast-growing East African markets

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Engineer Saed Al Awadi, Chief Executive Officer of Dubai Exports
Engineer Saed Al Awadi, Chief Executive Officer of Dubai Exports

A trade mission went to Kenya in a bid to further strengthen bilateral exchanges and connect more and more UAE businesses to the promising East African markets.

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Opinion: Islamic art and fashion hit the mainstream

| 02/09/2015 | Reply
Opinion: Islamic art and fashion hit the mainstream

Islamic art and fashion are quickly becoming burgeoning industries within the diverse landscape of the Islamic economy, and are dominating a key market share in the global lifestyle sector.

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