Middle East

Abu Dhabi to host World Islamic Economic Forum in 2024

The Abu Dhabi Department of Economic Development (ADDED) has announced that the UAE capital will host the World Islamic Economic Forum in 2024.

Launched in 2005 by the WIEF Foundation, the World Islamic Economic Forum (WIEF) is a global economic forum created to promote and discuss the latest economic developments and trends while inspiring Islamic ethics of peace, justice and equality. Platform. The Forum enhances dialogue, exchange of ideas and knowledge among government officials, academics and business leaders around the world.

ADDED President Mohammed Ali Al Shorafa and WIEF Foundation President Dr. Tan Sri Saeed Hamid Albah at the 14th WIEF Forum from 15-17 January 2024 at the Abu Dhabi National Exhibition Center (ADNEC) signed a contract to host the The signing ceremony was attended by the Abu Dhabi Ministry of Culture and Tourism and the ADNEC Group.

Abu Dhabi has been selected to host the 14th World Islamic Economic Forum. This is thanks to the cooperation of various Abu Dhabi entities, such as his ADNEC group, which provides the venue, and Abu Dhabi, the Forum’s Department of Culture and Tourism. destination partner.

H.E. Mr. Mohammed Ali Al Shorafa, Chairman of ADDED“We are pleased to host the World Islamic Economic Forum, which promotes international cooperation and promotes sustainable development. It reflects our efforts to foster dialogue among relevant stakeholders in order to

“In recent years, Islamic finance, including halal food and fintech, has been on the agenda in several parts of the world. We will provide ample opportunities for hard-core players and encourage entrepreneurs to realize their full potential by benefiting from Abu Dhabi’s supportive environment for doing business,” added Al Shorafa. rice field.

According to the Global Islamic Economy Report 2022, there will be USD 2 trillion in spending across the food, pharmaceutical, cosmetics, fashion, travel and media/recreation sectors in 2021, while the Islamic economy sector, excluding finance, will reach is 9.1%.

The $2.2 trillion global Islamic finance industry will grow by 10% to 12% over 2021-2022 due to increased Islamic bond issuance and economic recovery in key Islamic financial markets, according to S&P Global Ratings is expected.

Honorable Dr. Tan Sri Saeed Hamid Alber, Chairman of the WIEF Foundation “Approximately 3,000 participants from more than 80 countries are expected to attend the forum in Abu Dhabi in 2024, including government heads of state, dignitaries, opinion leaders, business leaders, experts and academics. It also serves as a global platform for experts to exchange ideas and insights on developing an inclusive and resilient future, improving sustainability and predicting global business.”

http://www.eyeofriyadh.com/news/details/abu-dhabi-hosts-world-islamic-economic-forum-in-2024 Abu Dhabi to host World Islamic Economic Forum in 2024

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