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Wed 3 Aug 2016 02:39 PM

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Dubai to host Global Islamic Economy Summit in October

Summit aims to provide platform for decision makers to discuss key issues and major trends in Islamic economy

Dubai to host Global Islamic Economy Summit in October
Majid Saif Al Ghurair, chairman, Dubai Chamber and board member of the Dubai Islamic Economy Development Centre.

The third Global Islamic Economy Summit (GIES) will be held at Madinat Jumeirah in Dubai on October 11-12, the Dubai Islamic Economy Development Centre and Dubai Chamber of Commerce and Industry have announced.

Themed “Inspiring Change”, this year’s event will include six plenary sessions covering broad topics such as the global dynamics shaping the Islamic economy, as well as more specific subjects such as Islamic finance and sukuk.

In addition, the summit will host parallel sessions discussing Islamic economic sectors from halal products and modest fashion to family tourism and Islamic art, a statement said.

The GIES 2016 schedule also includes networking breaks, debates, inspirational speeches, gala dinners and the now-annual Innovation 4 Change Competition.

The summit aims to provide an integrated platform for decision makers and specialists to discuss key issues and major trends in Islamic economy.

The inaugural Global Islamic Economy Summit was held in 2013 and introduced to the world the idea of an integrated global Islamic economy. Building on the success and momentum of the first event, the second summit took place in 2015.

Majid Saif Al Ghurair, chairman, Dubai Chamber and board member of the Dubai Islamic Economy Development Centre, said: “As the Islamic economy continues to grow at a rapid pace and prove itself as a viable solution to the stagnation that is plaguing global markets, the Global Islamic Economy Summit becomes all the more important as a platform for the major stakeholders in the fields to come together and share knowledge and ideas on how to drive the sector forward and, through it, achieve sustainable economic growth.”

Abdullah Mohammed Al Awar, CEO of Dubai Islamic Economy Development Centre, added: “We expect fruitful discussions on important issues such as socio-economic progress and stability that will set the stage for the future development of the Islamic economy.

"An integrated Islamic economy will help forge international partnerships to better meet people’s aspirations for social and financial security and overall progress.”

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