GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Dubai, UAE, November 15, 2018:  With 1.8 billion Muslims in the world and an Islamic economy - which complies with Islamic laws – growing, John Defterios reports that Dubai is positioning itself as the global capital of the Islamic economy.
 
Dubai is already ranked number one in the world for halal food; halal travel; modest fashion; halal recreation; and shariah compliant pharmaceuticals and cosmetics but, now, it is looking to further diversify its economy.
 
The launch of global initiatives to create a certified halal accreditation system is one way in which it is doing so. This initiative has the potential to be significant and relevant to the 1.8 billion Muslims around the world this allowing Dubai to be centre stage in ensuring its economy reaches its full potential.

Key Quotes:
 
CEO of Dubai Islamic Economy Development Centre, Abdullah Al Awad on the Islamic economy:
“Three sectors Islamic finance, the Halal food sector, the local trade for Halal products contributing close to 11 billion US dollars to the economy of Dubai. That comes to around 8.3% of the GDP.”
 
Wahid Kandil, Managing Director of Prairie Halal Food on how his Canadian halal meat is in high demand in the UAE:
“This is Canadian milk fed veal from Quebec the French part of Canada. it is high quality. It is served in the best restaurants of the UAE.”
 
Florentine biscotti maker Roberto Scapigliati on Dubai's economic potential:
“This is the part of the world where it's growing up, and you know Europe is very slow in the market, very, very slow… From here [Dubai] we can expand all over the world. 
 



Posted by : GoDubai Editorial Team
Viewed 4453 times
Posted on : Thursday, November 15, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : HE Saeed Mohammed Al Tayer meets Deputy Executive Secretary of UNFCCC
Next Story : The Road to Success: UAE's Federal Tax Authority (FTA) supports businesses every step of the way for...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Let It Glow
Filorga Launches FLASH-NUDE Collection
Let All Your Photos Be Merry & Bright
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
HP ProBook x360 11 G3 and G4 Education Edition
Chrono 4 Grande Taille - an extra-special timepiece
30 Years of Ryder Cup Heroes Confirmed for the 30th Edition of the Omega Dubai ...
Maintain Healthy Skin Year Round
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
American Eagle Is the Go-to Destination for Gifting This Holiday Season'
The Interiors Gift Guide with Home and Soul
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
Newby Teas Launches Advent Calendar For Christmas 2018
GAZOO Racing Wins Australia Rally at FIA World Rally Championship
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Tissot Chemin des Tourelles
Growth and inclusivity drive Avaya's channel strategy for 2019
Interview with Asil Attar, CEO of Al Yasra Fashion
Get Ready for Party Season with Lottie's new make-up hits
Festive Gift Sets from Bubble T
Time For Enchanting Moments
Holiday Handbags | GUESS
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
BharatMatrimony launches office in Dubai targeting 2 Million Indians
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Winter wool Christmas must- haves
Michael Kors Collection Transeason 2019 Press Presentation
New 1948 Seamaster Watches Join the Ranks'
Samsung Galaxy A9 – Designed to capture the world in its fullest
Five-Star Euro NCAP for Jaguar's Electric I-PACE
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
France Attractiveness Scoreboard 2018 Released
UOWD's quality management expert wins ASQ-UAE Quality Professionals Award
Dubai's Most Magical Festive Market Opens at Dubai Festival City Mall
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Ring in a dazzling festive season at Ibn Battuta Mall
Chinese Manufacturing Companies to Highlight Trade Opportunities in Middle East
Dubai Customs wins 3 awards from Ideas UK 2018
FBMA and 47 Emirati women celebrate UAE National Day
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
Chic and Stylish Wraps with a 3 in 1 effortless concept
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
Al Hosn Now Open to the Public
ICAEW recognises Middle East's best finance professionals
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...