Dubai Islamic Economy Development is working on a package of initiatives for the year 2021

Al Mansoori: Dubai has a great opportunity to make positive changes as it begins to emerge from the effects of "Covid-19"

• Dubai will be the most able to participate in shaping economic shifts after "Corona".

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The Chairman of the Board of Directors of the Dubai Center for the Development of Islamic Economy, Sultan bin Saeed Al Mansouri, said that “Dubai - which is a pioneering capital of the Islamic economy - has a very great opportunity to make positive changes during the next year, as the world begins to emerge from the effects of the epidemic.”

The center announced that during its last board meeting in 2020, it approved its work plan for the next year, pointing out that the initiatives for 2021 aim to consolidate the attractiveness of the economic environment in Dubai and the UAE, in a way that enhances the role of the global Islamic economy in general, especially in light of the current circumstances in which the world is living. And confirms Dubai's position as the capital of the Islamic economy.

An engine for the economy

In detail, the Dubai Center for the Development of Islamic Economy confirmed that it is working on designing a new package of initiatives for the year 2021, within the framework of exploring promising future opportunities for the post-Covid-19 pandemic, and in continuation of the successes achieved by the initiatives it launched during the year 2020.

The Chairman of the Center’s Board of Directors, Sultan bin Saeed Al Mansoori, said, “The Islamic economy has become a fundamental pillar of the Emirati economy, and this proves the forward-looking vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, especially in light of the circumstances that arose. On the (Corona) epidemic and its impact on the world’s economies, the outlook for 2021, and the ability of the world’s economies to recover.

He added: “The successes of the Islamic economy initiatives have proven that it is a powerful engine for the national economy, and Dubai - which is considered the leading capital of the Islamic economy in the world - has a very great opportunity to make positive changes during the next year, with the world emerging from the effects of the epidemic, and the need for its countries to build. The attractive and safe economic and investment provided by Dubai, of course, as we all have a responsibility to take advantage of this climate, in a way that enhances the state’s vision and provides an attractive environment for capital in the world.

Al-Mansoori affirmed that “the Dubai Center for the Development of Islamic Economy will continue its programs and initiatives, and looks forward to 2021 being a successful year in the level of Islamic economy,” praising the fact that the UAE continues to issue major indicators for the Islamic economy globally, due to the efforts made by the center and its strategic partners.

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For his part, Governor of the Dubai International Financial Center, Secretary-General of the Dubai Center for the Development of Islamic Economy, Issa Kazim, said that “the Islamic economy has proven its vitality, great capacity and tangible impact on the growth of world economies,” stressing that “Dubai, which is the capital of the Islamic economy, presented an early model of Where reading transformations, and the need to focus on the Islamic economy ».

Kazem pointed out that Dubai's precedence in taking advantage of the opportunities provided by the Islamic economy confirms the accuracy of the state's vision and leadership and the correctness of their anticipation of the future and its transformations, stressing that the future for the Islamic economy looks promising.

Kazem called for the need to focus on innovating initiatives that capture the opportunities this economy generates, especially with the start of shaping transformations for a new economy in the world after the Corona pandemic, and the world's need for vitality, in order to recover its activity and open horizons for new opportunities, pointing out that Dubai will be the most able to participate in it, as the Islamic economy will be an essential partner in the post-Corona era.

Al-Awar: Dubai has provided the Islamic economy with the structures it needs

The Executive Director of the Dubai Center for the Development of Islamic Economy, Abdullah Muhammad Al-Awar, said, “The success of the Islamic economy initiatives launched by the center in early 2020, in the midst of a rapid response to the global repercussions of the (Covid-19) pandemic, proves that the Islamic economy today is an active partner in the emirate’s economy. And the state, then the region and the world ».

Al-Awar affirmed that “Dubai has been able to provide this economy with all the structures it needs, making it the first attraction and polarization station in the world for all activities, initiatives and purposeful projects related to the Islamic economy, within a vision that the world is looking forward to, especially after the Islamic economy has been able to adapt to the changes it has. It occurred to the world's economies, due to the epidemic conditions.

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