KHALEEJ TIMES, Thursday, Dec 24, 2020 | Jamadi Al Awwal 9, 1442
DIEDC’s initiatives in 2020 open promising opportunities
Emirates:
The Dubai Islamic Economy Development Centre (DIEDC) recently held its
fourth and final board meeting for 2020, and approved the centre’s work plan
for 2021.
The meeting was chaired by Sultan bin Saeed Al Mansouri, chairman of DIEDC, and
drew the participation of the board members, who reviewed updates on the
initiatives launched in 2020, and proposed a series of new initiatives that will
roll out in 2021.
Al Mansouri noted that the Islamic economy is a pillar of the national economy,
and is particularly significant amid the shifting forecasts for 2021, and the
unprecedented circumstances the world finds itself in today as it combats the
economic impact of the Covid-19 pandemic. “The success of DIEDC’s initiatives
reinforce the Islamic economy’s role as a key driver of the national economy and
of Dubai, as a global capital of Islamic economy. As the world begins to recover
from the Covid-19 pandemic and seeks lucrative and sustainable investment
opportunities, we have the responsibility to leverage Dubai’s solid economic
infrastructure and secure environment in making a positive change in the coming
year.”
Furthermore, he stressed that the DIEDC will continue implementing its refreshed
strategy and is confident that the upcoming year will see the achievement of
many more successful milestones for the Islamic economy. He commended the UAE’s
overall ranking among the top three countries in the Global Islamic Economy
Indicator and attributed the success to the efforts of DIEDC and its strategic
partners.
Essa Kazim, governor of the Dubai International Financial Centre (DIFC), said:
“The Islamic economy has proven its vitality and registered a tangible impact in
developing economies across the globe. Dubai’s own economic model, put forward
early on, carefully factored in the shifts worldwide and the need to focus on
the Islamic economy to ensure sustainable progress.”
He noted that Dubai’s ability to benefit from the Islamic economy ecosystem’s
opportunities in the very early days reiterates the vision of the nation’s wise
leadership, and the accuracy of its forecasts.
Abdulla Mohammed Al Awar, CEO of DIEDC, said: “Dubai has been able to provide
the Islamic economy with the infrastructure required to shape a thriving
ecosystem, positioning the emirate as a preferred destination for all activities
focused on growing the Islamic economy. The Islamic economy has proven its
resilience in accommodating the fluctuations that have stricken global
economies. DIEDC’s key role is to ensure equitable development and growth of the
Islamic economy sectors. We are confident about executing all planned
initiatives in 2021, and further advancing initiatives that were previously
launched.”
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