world islamic economic forum kicks off in dubai
Last Updated : GMT 19:49:18
Arab Today, arab today
Arab Today, arab today

World Islamic economic forum kicks off in Dubai

Arab Today, arab today

Arab Today, arab today World Islamic economic forum kicks off in Dubai

World Islamic economic forum
Dubai - XINHUA

The tenth World Islamic Economic Forum (WIEF) opened in Dubai, the United Arab Emirates, on Tuesday, gathering over 2,700 delegates from more than 100 countries to explore "Innovative Partnerships for Economic Growth."
In his opening speech, President of the Dubai Chamber of Commerce and Industry Hamad Buamim said the forum's purpose is to create growth opportunities not only in the Islamic world, but globally.
According to Essa Kazim, governor of the Dubai International Financial Center, the economy of the Islamic world is "poised to double in size within the next five years and to reach 4.3 trillion (U.S.) dollars," as the rising number of issuances of Islamic bonds, also known as Sukuk, is building bridges between the East and the West.
As the Sukuk market becomes globally prosperous, it has "the potential to close financing gaps in necessary infrastructure financing in Asia, the Middle East and Africa," said Dr. Zeti Akhtar Aziz, governor of the Central Bank of Malaysia. The Middle East alone has a funding need worth two trillion dollars.
Some ten countries now use an estimated 95 billion dollars of Sukuk to fund their infrastructure, of which 75 percent are based in Malaysia.
WIEF started off from a modest beginning as the Organization Islamic Conference Business Forum in 2003. The first WIEF convening was held in Kuala Lumpur, Malaysia, in 2005.
This year's three-day event in Dubai, themed "Innovative Partnerships for Economic Growth," is held against the backdrop of a weakened U.S. dollar and Euro in the aftermath of the global debt crisis, as well as "the emergence of strong economies in Africa, Asia, and other continents."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world islamic economic forum kicks off in dubai world islamic economic forum kicks off in dubai

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world islamic economic forum kicks off in dubai world islamic economic forum kicks off in dubai

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday