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 10608 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
Tonda 1950 Stone-set range'
Parmigiani Fleurier Kalpagraphe Chronometre Titanium
Transform Your Bedroom and Sleep Like a King With Robinsons' Latest Bedlinen Col...
Colourful Anniversary Limited anniversary edition now available in new colors
Toric Hémisphères Rétrograde Slate The traveller's watch featuring a new guilloc...
Aston Martin Valkyrie Wows Crowds on Public Debut at Silverstone
Special edition 2019 Ford Expedition ‘Turath' arrives in Al Tayer Motors and Pre...
Happy Eid with Corum Golden Bridge Round 39
Dubai-based Blue Ocean Group expands into UK distribution market ahead of Brexit
Mouawad unveils the Mouawad Dragon Yellow and White Diamond Suite, featuring the...
Sports Collection - Autumn Winter 2019
Salvatore Ferragamo Timepieces – Summer 2019 Collection
Tissot Heritage 1973 The racing legacy
The inauguration of codeshare flights between Kuwait and Istanbul-Sabiha Gö...
Ralph Lauren at The Championships, Wimbledon – Wednesday 10th July
Schneider Electric's Biggest Engineer-to-Order Factory in Asia Utilizes IIoT Tec...
Picnic Indoors This Summer with Marks & Spencer
The Perfect Shave Kit for your Summer Travels
Kitchen Hacks: 8 Clever Ways to Smart Storing
Celebrated singer and composer Quratulain Balouch set to perform at Rajmahal The...
Ralph Lauren at The Championships, Wimbledon – Sunday 14th July
Summer Skin Rituals with SUKIN
Union Coop Reports 20% Growth in Net Profit for the First half of 2019
Dubai's leading school operator to launch Affordable IB School in Dubai- Ambassa...
Ride Into the New School Year with the Coolest Gear
Peugeot announces sizzling summer offers
IHG signs world's largest voco with Maad International in Saudi Arabia
Lincoln Nautilus: Luxury Redefined Inside and Out
FW 2019 Amazone'
Robotics and Automation to the Fore at Materials Handling Middle East
Empower launches “Intelligent Delta- T Analyzer and Detector”
Summer-ready BABY-G G-Lide BAX-100 makes splash this hot season
UAE Team Emirates Opens Its Account at the Tour De France With a Second Place Fi...
Dubai Duty Free and Arabian Automobiles raffle a Nissan GT-R this holiday season
Philipsen and Kristoff Claim Top 10 Spots for Uae Team Emirates in Stage 7 Sprin...
Ras Al Khaimah and Singapore to Discuss the Bilateral Cooperation'
Injazat Partners with Nuance to deliver Cloud-based Speech Recognition Technolog...
Union Coop Releases ‘First' Update of Its Electronic Share Trading Platform
Purificacion Garcia Introduces the Women's FW19 Collection
Al Qutami chairs DHA CEO council meeting
Canadian University Dubai joins Silk-Road Universities Network
Automation Anywhere Expands into the Middle East with the Opening of Regional He...
All-out Sprint in Albi as Philipsen Takes Sixth and Martin Breaks Into the Gener...
Etihad Airways Recommences Flights to Khartoum
Dubai International Financial Centre Continues to Prioritise Ease of Doing Busin...
Ahmed Mahboob Musabih welcomes DGEP Coordinator General
MoHAP Youth Council Discusses Mutual Cooperation with Civil Defence Youth Council
Schneider Electric Launches First Smart Factory in Mexico Implementing Innovativ...
Emirates' US-bound passengers soon to have Wi-Fi, mobile connectivity and Live T...
The Car That Responds to Your Mood: New Jaguar Land Rover Tech Helps Reduce Stress