UAE: GIES 2020 to be held under Expo 2020 Dubai umbrella

The fifth edition of the Global Islamic Economy Summit (GIES 2020) is set to run from November 9-10, 2020, and will take place on the sidelines of Expo 2020 Dubai, the first World Expo ever to be hosted in the Middle East, Africa, and South Asia region.

The announcement was made by the Dubai Islamic Economy Development Centre (DIEDC). GIES is organised every other year by the DIEDC in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and Refinitiv, and under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. Through highlighting the role of Islamic economy in improving standards of living and promoting sustainable economic development, the summit aims to strengthen Dubai’s status as the global capital of Islamic economy.

As part of the GIES 2020 agenda, the Islamic Economy Award will honour the most innovative initiatives and projects that leverage the Islamic economy concept of ethical business and responsible economic practices to positively impact society.

In addition, the summit will host a series of parallel discussions on a wide range of socio-economic issues. The list of distinguished speakers will feature international businessmen who have taken the halal industry to new heights through global expansion, thereby encouraging a new generation of Islamic economy entrepreneurs.

“Including the fifth edition of GIES alongside Expo 2020 Dubai supports the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to establish Dubai as the global capital of Islamic economy,” said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Chairman of The Executive Council of Dubai. “GIES 2020 will provide an ideal platform for a meaningful conversation about the Islamic economy and the global opportunities that can be leveraged to ensure its sustainability. Dubai has consolidated its leading position in the field due to the pioneering role it has played to date in the development of a viable Islamic economy framework.”

Sheikh Ahmed bin Saeed Al Maktoum

“As we prepare to host the world’s greatest show, Expo 2020 Dubai, visitors from around the world will have the opportunity to dive deeper into the Islamic economy, learn about its short- and long-term benefits, as well as its impact on mature and emerging markets alike. Dubai’s pivotal role in this vital sector and its successes will be highlighted, along with the benefits the industry presents for all humankind,” added Sheikh Ahmed bin Saeed Al Maktoum, presidentof the Dubai Civil Aviation Authority, chairman and chief executive of Emirates Airline and Group, chairman of Dubai Airports and chairman of the Higher Committee of Expo 2020 Dubai.