Category: Finance & Investment
Saudi Arabia, Pakistan looking to expand cooperation in the food sector
Saudi Crown Prince Mohammed bin Salman visited Pakistan in February this year, bringing what was described as a “record investment package” to assist the South Asian country.
Indonesia seeks lead in global modest-fashion industry
It stands to reason that Indonesia, the world’s most populous Muslim-majority country, would be a leader in this booming multibillion-dollar industry.
Interview: Will new halal B2B online marketplace OneAgrix succeed where DagangHalal, Zilzar failed?
OneAgrix is now pouncing on what it believes is a big market gap to serve the cross-border trade of halal products.
UK: London VC Hambro Perks to invest in ‘two to three’ Islamic startups
The UK has rubberstamped its reputation as Europe’s Islamic economy hub by hosting its first halal startup pitch event.
Trace Labs Launches OneAgrix Blockchain Project To Track Halal Products
Diana Sabrain, the founder of OneAgrix, is revealing that OneAgrix has partnered with Trace Labs, a Hong Kong tech startup, which is offering the OriginTrail protocol power the Blockchain project.
UAE: Emirates Islamic signs new scheme for SMEs
EDB’s Dh100 million Credit Guarantee Scheme supports the goals of the National Agenda under UAE Vision 2021.
Saudi Arabia Will Soon Have A ‘Halal Nightclub’
According to reports, the country will soon have what they are calling a ‘halal nightclubs’ for the visitors who miss a vibrant nightlife.
Malaysia: Japan’s Zensho agreed to pay $53 mln for Malaysian halal restaurant chain -source
The deal increases the Japanese firm’s presence in Southeast Asia, adding to current operations in Malaysia as well as Indonesia, Thailand and Vietnam.
Bahrain: Arla Foods to shift some production to the Middle East
Arla Foods said production from its Bislev and AKAFA sites in Denmark and from its Riyadh site in Saudi Arabia will be moved to a site in Manama in Bahrain.
Malaysia: Johor out to boost halal sector
“Johor, Singapore and Indonesia should complement instead of competing with each other in developing the halal sector under the Singapore-Johor-Riau (SIJORI) economic growth triangle.”
Saudi Arabia: King Salman Launches the ‘Enriching Hajj & Umrah Experience’ Programme, part of Saudi Vision 2030
With the ambitious objective of reaching 30 million Umrah visitors annually by 2030, the programme’s mission is to achieve a quantum leap in every service provided.
Malaysia: Sarawak to become leading cattle meat supplier in the ASEAN region
The AUD20 million (RM58 million) acquisition of the new cattle station was earlier announced by the Chief Minister who recently led a delegation to SEDC’s Rosewood Cattle Station in Western Australia.
MoUs boost Brunei, Bangladesh ties in trade, investment
One of the MoUs signed was between Brunei’s Ghanim International Corporation Sdn Bhd and Bangladesh’s Taj Food Industries Ltd, a subsidiary of the Nizam Group of Companies.
Malaysia: HDC to enter 10 new halal markets via One Belt, One Road initiative
The new countries include Kazakhstan, Uzbekistan, Egypt, Turkmenistan, Iran, Tajikistan, and Bosnia and Herzegovina.
UAE: Dubai Islamic Economy Development Centre expands European reach
A roundtable in Malta has provided Dubai Islamic Economy Development Centre an opportunity to expand the footprint of Islamic economy in Europe.
Opinion: Capitalism is failing us all. Could Islamic economics be the answer?
Billionaire Ray Dalio, manager of the world’s largest hedge fund Bridgewater, recently shocked the world when he announced that “capitalism is failing” and that a “revolution” is coming.
Africa is creating one of the world’s largest single markets. What does this mean for entrepreneurs?
The Africa Continental Free Trade Area (AfCFTA) is set to launch on 30th May. If every African country joins, it’s expected to be one of the world’s largest single markets.
Indonesia to Unveil Sharia Economic Master Plan
The Sharia plan will not replace the economic system of the multi-religious country but instead support development through Islamic-friendly programs.
What you need to know about Thirst Relief and how you can help free a community from poverty
“We can change the world and make it a better place. It is in our hands to make a difference.” Nelson Mandela
New SDG Advocates sign up for ‘peace, prosperity, people’ and planet, on the road to 2030
Six new influential public figures came on board as official SDG Advocates on Thursday, committing themselves to the pursuit of the 17 goals.
