DUBAI / AGENCIES The UAE’s AED522 billion Islamic banking assets will help fuel the growth of the country’s Halal sector, according to a research conducted by Orange Fairs and Events, organisers of the Halal Expo – Dubai, 2017. Seven Islamic banks out of the 23 registered commercial banks in the UAE represent nearly a fifth of the country’s banking assets. …

DUBAI / WAM The Executive Team of the Global Innovation Index held its 4th meeting of the current year at the headquarters of the Ministry of Economy in Dubai, to examine the results of yearly report for 2017, where the UAE has achieved an important leap in its general ranking on the Index by six places compared to last year’s …

DUBAI / WAM Imdaad, a Dubai-based facilities management (FM) firm, signed a three-year renewable agreement to provide FM services across over 500 mosques managed by the Department of Islamic Affairs and Charitable Activities (IACAD). The integrated FM contract, worth AED30 million (US$8.2 million) per annum, also includes over 1,200 homes associated with mosques. Imdaad will provide a comprehensive range of …