The global halal industry, which refers to the production, distribution, and consumption of goods and services that are compliant with Islamic law, is a rapidly growing sector. According to the Global Islamic Economy Report, the halal industry is valued at over $2.3 trillion and is expected to continue expanding in the coming years. However, despite […]
Islamic Coin plans to offer several services, including a wallet and a super app, and will soon be available on exchanges. Islamic Coin, the native currency of the Haqq ecosystem, plans to offer the larger Muslim community as well as others a Shariah-compliant financial instrument for the digital age. The Middle East Blockchain Awards, which […]
Muscat: The existing and potential investment opportunities and the world-class infrastructure that meet the requirements of investors, were conveyed to a delegation on their visit to the Salalah Free Zone and Port. The media delegation comprising reporters of Arab and foreign news agencies were also acquainted with the transport system, the logistics sector and the available […]
Jeddah, Kingdom of Saudi Arabia, 28 July 2022 – The Islamic Development Bank (IsDB) Group held today an extraordinary joint meeting of the IsDB Board of Executive Directors, the Board of Directors of the Islamic Solidarity Fund for Development (ISFD), and the Board of Directors of the Islamic Corporation for the Insurance of Investment and […]
Special economic zones (SEZs) in Indonesia have attracted a combined investment of 60 trillion rupiah (4 billion USD) following the approval of the Omnibus Act on job creation, an official from the Coordinating Ministry for Economic Affairs has said.
BARMM Seeks to Establish More Economic Zones and Halal Hubs The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Economic Zone Authority (BEZA) is seeking to establish more economic zones, especially for Halal hubs in the region, which is composed of six provinces and three cities. Philippine Economic Zone Authority (PEZA) Deputy Director General Aleem Siddiqui […]
Agribusiness: Meeting Unprecedented Challenges By Thomas Monteiro A perfect storm hit the global agricultural market this year—or, in some places, a perfect drought. The war in Ukraine; global post-pandemic supply-side disruptions; record droughts in Europe and China; frosts in Brazil; Hurricane Ian in Florida; and unusually heavy rains and floods in India, Pakistan and Australia […]
The Board of Executive directors of the Bank, at its 344th meeting held on 13 February 2022, approved a total of EUR 297.67 million for 3 Member Countries under the Regional Hub of Dakar. These are: EUR 35.14 million for Phase 3 of the Hydro-Agricultural Development Project in Upper Sassandra and Fromager Regions in Cote d’Ivoire, EUR 24.30 million for Phase 2 of the Development of Technical and Vocational Education Project, Guinea, and EUR 238.23 million for the Construction of the Dakar – Tivaouane – Saint Louis Highway/ Mékhé – Saint Louis Project.
Casablanca, Morocco, 28 June 2022 – within the framework of their joint capacity development program in the field of trade facilitation, the Islamic Center for the Development of Trade (ICDT), the Islamic Development Bank (IsDB) and the Secretariat of the Economic Commission of United Nations for Europe (UNECE), organize a Training Workshop on International Road and […]
The Astana Finance Days is a unique regional platform for professional discussion to build effective financial and economic solutions. This year, the Astana Finance Days Conference was held under the theme of “Sustainability. Social Responsibility. Growth” and featured discussions on Islamic Finance Conference, Capital Markets Forum, Retail Investors Forum, Belt and Road Initiative Session, Fin & […]
