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 >> Travel and Tourism

 
  Share

The Dubai Airport Freezone Authority (DAFZA) and the International Center for Islamic Economy (ICIE) have announced the launch of the ‘Innovation Ideas' competition for the Islamic economy sector, in line with DAFZA's efforts in promoting Dubai as a leading city and a global center for Islamic economic activities. The competition was launched during the Entrepreneurs Forum held yesterday (Wednesday 7th February 2018) at Le Meridien Hotel in Dubai.

The Entrepreneurs Forum, which is gold sponsored by “National Bonds”, attracted investors, economic institutions, banks, governmental entities, and trade and development centres, and aimed to transfer knowledge and expertise as well as introduce the latest entrepreneurial practices and marketing of entrepreneurial projects in line with the Islamic economy firm.

At the end of the forum, three winners received an award for presenting the most innovative ideas designed to support the Islamic economy, which enabled the participants to innovate creative projects or products in various sectors of Islamic law and economy such as Zakat, donations, finance, investment, financial markets, Halal activities, to name a few. The ‘Innovative Ideas' competition is part of DAFZA's vision to encourage doing business while promoting entrepreneurship and an innovation culture. It also encourages entrepreneurs and support the winners in participating in the Islamic economy.

Sultan Al Howymel, Chief Executive Officer of International Center of Islamic Economy, said: “Through this forum, the center employs competition and creativity as a strategy to stimulate innovation among entrepreneurs. By encouraging innovative ideas, we look to transform them into viable projects within the Islamic economy, which has a huge local and regional markets. The forum comes in line with the Center's objectives to provide a platform that pushes research and development, and best practices in the Islamic economy.”

Amna Lootah, Assistant Director General – Finance, Commercial & Customer relations Division Foster of DAFZA Innovation & Future Unit, said: “DAFZA launched the Entrepreneurs Forum in line with its strategy to support the Islamic economy through innovation, placing the importance of developing new products, innovative projects and creative ideas in line with the global Islamic laws. The ‘Innovative Ideas' competition is part of the three initiatives launched by DAFZA in partnership with the International Center of Islamic Economy to foster innovation among entrepreneurs and enrich the various Islamic markets.”

The International Center of Islamic Economy has been launched as a pioneering centre in Islamic economy to push for global initiatives and applications in line with the ‘Dubai the Capital of Islamic Economy' initiative. The Center was formed with a strong economic foundation aimed at contributing in building a better future for global economies and markets. The Center develops economic products and services, including designing and developing specialized training programs, following international standards. It also qualifies professionals in economic organizations.



Posted by : GoDubai Editorial Team
Viewed 6710 times
Posted on : Thursday, February 8, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : WGS 2018: Space Settlement Forum Highlights Importance of STEM Education for Eliciting Interest in S...
Next Story : Jazeera Airways announces FY2017 financial results
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
D1 Milano Launches Exlcusive Limited Edition Collection –The Khaleeji
Beware of Cheap Beauty Deals: They May End Up Being More Costly
8 Jours Grande Taille - a new avatar on iconic timepiece
Tissot Lady Heart Flower Powermatic 80
Get Ready for The Festive Season with The Body Shop's Enchanted by Nature Gift C...
Sukin's Top Holiday Picks for a Supple-Skin Winter Season
Switch your hair colour safely for the new season with Rahua's Color Full range
Omega Raises Its Warranty On All Watches to 5 Years
Everyday care for your baby's hair with Fifi & Friends!
Bringing you warmth and shine this festive season
Season's Greetings 2018
Twelve Holiday Gifts for the Beauty-Obsessed Woman
The Smile Bar Opens Its First Store in the UAE
Purely Pandora Classics With a Twist
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style
New 1948 Seamaster Watches Join the Ranks
Add a festive sparkle to your eyes with Palladio Beauty
Festive Gifting Guide
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
#MKGO Bold: Michael Kors Unveils Bold New Arrivals
Triumphant First Daman Dxb Swimfest at Jumeirah Beach Hotel
Tryano Launches Elemis
Indulge Your Love for Animal Print with M&S
Amp up your skincare routine with The Organic Pharmacy's new corrective serums
Parah dedicates its Fall/Winter 2018/19 collection to femininity
Starbucks announces the return of festive favourites
Coca-Cola Puts Extra Fizz Into Its Factory Thanks to Digitisation
Hour Choice presents Coach Park Collection
Certina DS PH200M collection
Parmigiani Fleurier, new Friends of the Brand – ice-hockey superstar, Evgeniy Ma...
National Geographic Launches Mars 2 into Orbit with Season 2 Premiering Nov 15 ...
Give an abandoned or neglected cat their forever home at Kittysnip's adoption da...
The new BMW 8 Series Convertible.
Land Rover Supports Red Cross Disaster Projects Worldwide
Introducing the GUESS Holiday 2018 Collection
Sprint for a Great Cause at Al Maha
‘Celebrate 2019 Now' with special deals from Al-Futtaim Toyota
Etihad Airways Launches Model Diary of Xiaowen at China International Import Expo
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Joyalukkas brings joy to hundreds around the world with gold bar giveaway this f...
The Sharjah Stamp Exhibition celebrates the Year of Zayed
Unilever MENA calls for collective action as it's revealed that 54% of consumers...
Sawalef Perfumes is now available at Mirdif City Centre
Superhero Color Runners Prove We Are All Unstoppable!
IKEA Promises 25 Years of Quality Guarantee
Bharat Thakur Artistic Yoga's Flagship Studio opens in Burjuman.
Top five new things to do at Golden Mile Galleria this season
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz honored Huawei w...
Special Olympics Will Create a Legacy of Inclusion Through Art