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‘Islamic finance may be answer to plug funding gaps’

  Dubai / Emirates Business The third plenary session of the first day of the Global Islamic Economy Summit 2016 examined whether blended finance is the answer to funding sustainable development. Blended finance is defined as the complementary use of grants and non-grant financing from either private or public sources, or both, to ensure projects are financially viable and sustainable. ...

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‘Innovation 4 Impact’ competition hogs limelight at Global Islamic Economy Summit

  Dubai / Emirates Business ‘Innovation 4 Impact’ Competition, a unique platform targeting the growing Islamic digital economy, took centre-stage at the 2016 Global Islamic Economy Summit (GIES 2016) as one of the Summit’s special programs. The Competition began on Tuesday at Madinat Jumeriah in Dubai, with more than 2,500 attendees including policymakers, senior government officials, industry leaders, top executives ...

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Delegates at GIES urge govts to address needs of Islamic youth

  Dubai / Emirates Business An interactive poll at the opening session of the Global Islamic Economy Summit 2016 found that half of the delegates believe governments must do more to address the needs of youth in the region. Asked: “Are you optimistic that the governments in the region are appropriately addressing the needs of their Youth” 50 percent of ...

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