Apartments in Dubai at Discounted Rates
Aug 2, 2014
  GoDubai Daily News
 Home
 UAE
 Middle East
 Asia
 World
 Business
 Sports
 Entertainment


  Go Dubai Services
 Daily Horoscope
 Tip of the day
 Recipe of the day
 Joke of the day
 Weather
 Events (UAE)
 Press releases
 Prayer timings
 Opinion poll

Want to know the cheapest airfare to your dream destination?

Ask Our Travel Experts

Other Experts

  • Medical Doctors
  • Alternative Therapists
  • Finance Consultant
  • Real Estate Agents
  • Computer Experts
  • Beauty Therapists
  • Auto Expert
  • Seeking Experts
  •   
    UAE strives for excellence in Islamic finance: Mohammed

    Vice-President inaugurates Global Islamic Economy Summit in Dubai. A long term view of the UAE’s potential to become a centre of excellence in all fields, including Islamic finance, was laid out by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Monday.

    ‘‘If history is being written now, then the future is being made here in the United Arab Emirates. With the determination of our people and our potentials, we can be the world’s Islamic economy capital,” Shaikh Mohammed said after inaugurating the Global Islamic Economy Summit (GIES).

    He said innovation would drive the future goals of the country, and would lay the foundation for government strategies and policies.

    Shaikh Mohammed said quality services should add value and create an integrated system to boost Dubai’s competitiveness as a capital of Islamic economy.

    The first day of the summit was attended by 2,000 people, and included Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; Shaikh Majid bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts Authority; Shaikh Mansour bin Mohammed bin Rashid Al Maktoum, Mohammed bin Abdullah Al Gergawi, Minister for Cabinet Affairs; James C. Smith, CEO, President and Director, Thomson Reuters; and a number of local, regional and international ministers and senior officials.

    Shaikh Mohammed also attended the Islamic Economy Award ceremony and presented Dr Ahmed Ali Al Madani, President of the Islamic Development Bank, with the Life-time Achievement Award, for his key role in supporting the bank’s goal to support the private sector in the Islamic world.

    Winners across 14 categories were given awards, which aim to acknowledge efforts made by business leaders in innovating the best solutions globally in compliance with Islamic Shariah.

    Minister of State for Financial Affairs Obaid Humaid Al Tayer and Dr Ahmed Ali Al Madani delivered keynote speeches.

    The GIES’ second session on Tuesday will discuss Shariah compliant banking services, which will be attended by CEOs working in the sector. The session will be followed by the Ethical Finance and Innovation Challenge Awards ceremony. Evening sessions will discuss Halal foods, lifestyles, family travel, asset management and Islamic investments, as well as available business opportunities in sectors of the Islamic economy

    (Khaleej Times)

     
    Email this article Print this article Discuss this article
     
     
    Back to Main Main page >>

    How to be a soccer fan in the age of austerity

    GDANSK - Couch-surfing, a junk-food diet, bootleg kits, budget flights at punishing hours, and above all enough passion for the beautiful game to remind yourself why you endure this.
    Welcome to the life of a football fan in the age of austerity. <...
    What’s behind road deaths?

    Road accident fatalities in 2013 stood at 651. Mathematically speaking, a little less than two lives were lost every day. While this number is lesser than the 720 deaths in 2011, it is by no means acceptable.
    Pick up any newspaper over the past ...
     
    Great Discounts on Dubai Hotels. Book Now !
     
      More Top Stories


    Dubai Q1 trade hits Dh326b
    Emaar first quarter profit climbs 55%
    Cash buyers buoy UAE real estate market
    Etisalat offers shared data plans for business customers
    Dubai Holding unit’s profit jumps
    Emaar Properties launches ‘Samara’ villas
    Expo 2020 boosts growth, investment opportunities
    Nakheel eyes Dh8 billion new projects
    Empower acquires Palm Utilities in $500m deal
    China may overtake US as No. 1 economy
    Dubai Investments exports rocket 129% in last 5 years
    UAE equities to stay bullish
    Dubai foreign trade crosses Dh1 trillion
    Expo win inspiring Dubai Financial Market
    Dubai looks all set to enjoy heightened investor interest
    Dubai to hike spending 11%
    Dubai to lead Islamic economy
    Islamic economy summit begins today
    UAE jumps in IDI ranking
    Dubai tracks new levels of growth
    More housing units in Dubai
    UAE job market rebounds
    Safe haven status helps Dubai real estate recover
    Islamic finance industry is fastest growing sector

     
    © 2004 GoDubai.com
    All Rights Reserved.
    Terms under which this service is provided to you.
    Read our privacy guidelines.
    Contact our advertising team for advertising /promotions and
    sponsorship on GoDubai.com