A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Thursday, April 18, 2024

Dubai to become Capital of Islamic Economy

Dubai to become Capital of Islamic Economy
Dubai to become Capital of Islamic Economy

(Dubai) – His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the strategic plan for developing the Islamic economy sector. The plan launched in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, includes seven key pillars and 46 strategic initiatives to be implemented within 36 months. The aim is to enhance the position of Dubai as the capital of the Islamic economy.
After the launch ceremony, Sheikh Mohammed said: “The continued developments and changes in the global economy increase the need to constantly diversify the structure of our national economy. Our firm principle in the UAE is not to rely on one single economic resource or sector. The Islamic economy is not new to us. In fact, we have accumulated considerable expertise in this field and our aim is the global arena.”
The ceremony was attended by Mohammed Ahmed Al Murr, Chairman of the Federal National Council; H.E. Sheikh Majid bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts Authority; Lt.-General Dhahi Khalfan Tamim, Chief of Dubai Police; as well as a number of ministers, heads and directors of government departments, leaders of the business community and media representatives.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

UAE & Turkmenistan expand Economic ties

Turkmenistan's Berdimuhamedow urges UAE collaboration in gas field development....

Crown Prince Appreciates the World Governments Summit Team

The Crown Prince Appreciates the valuable efforts of the...

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...

UK and Azerbaijan celebrate growing bilateral relations

UK PM Rishi Sunak congratulated President Ilham Aliyev on...

World Government Summit brings Global leaders to Dubai

The pre-summit day of the World Governments Summit (WGS)...

HH Shiekh Mohammed bin Rashid Meets Youth

Sheikh Mohammed bin Rashid Al Maktoum met with Arab...

Shiekh Hamdan Bin Zayed Honors Environmental Achievers

His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s...

Princess Kate shares a Message after meeting HM the King

Prince William and Kate Middleton share a Children's Mental...

HM King of Sweden to visit Europe

King Frederik X of Denmark and Queen Mary will...