Global Islamic Economy Summit to be held in Dubai in October

Dubai Islamic Economy Development Centre announces plan for fourth edition of summit
Sultan bin Saeed Al Mansouri, UAE Minister of Economy and chairman of DIEDC.
By Staff writer
Fri 26 Jan 2018 10:12 AM

The Dubai Islamic Economy Development Centre (DIEDC) has announced that the fourth edition of the Global Islamic Economy Summit (GIES) will be held in October.

To be hosted in collaboration with Dubai Chamber of Commerce and Industry, the summit will focus on mechanisms that enhance communication between decision makers, investors, and Islamic economy stakeholders across sectors, markets, and geographical locations.

The industry event will discuss how traditional companies can use technologies to communicate with consumers, thereby driving demand and further boosting competition in the advent of the Fourth Industrial Revolution, a statement said.

Hosting the event is part of Dubai's plan to establish the emirate as the world's Islamic economy capital.

Sultan bin Saeed Al Mansouri, UAE Minister of Economy and chairman of DIEDC, said: “The UAE, and more specifically Dubai, will continue focusing on economic diversification and productive sectors that ensure growth continuity and wealth sustainability.”

Al Mansouri added: “Our responsibility is to enhance the role of the UAE, and Dubai, in attracting those interested in the principles and ethics of Islamic economy, and forge new channels for communication and collaboration. The alliance will grow Islamic economy sectors globally to serve sustainable development goals and achieve prosperity and stability for all societies.

“We believe 2018 will be more relevant than ever to further discuss our perspective on the future of Islamic economy and examine ways to collaborate with local, regional and global stakeholders to develop a structured agenda for its advancement."

For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.

Last Updated: Fri 26 Jan 2018 10:10 AM GST

Subscribe to our Newsletter

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.