PM inaugurates Global Islamic Economy Summit

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PM inaugurates Global Islamic Economy Summit

PM inaugurates Global Islamic Economy Summit

(Dubai) – Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum inaugurated the second edition of the Global Islamic Economy Summit (GIES 2015) held under the theme ‘Driving Innovation, Unlocking Potential’.
The Summit, which is seeing the participation of over 2000 policy makers and business leaders from the Islamic world and beyond, is being held at the Madinat Jumeirah, Dubai.
Describing the event as a positive step in bringing about tangible change in the global economic landscape, Sheikh Mohammed bin Rashid Al Maktoum stressed that the sustainability of innovation is measured by its actual impact. He pointed out that when the ‘Dubai: Capital of Islamic Economy’ initiative was launched, he had envisioned that the initiative would contribute to creating a sustainable economic ecosystem that ultimately demonstrates its viability globally.
Sheikh Mohammed said, “The ecosystem of the Islamic economy harmonises ethics with innovation, and combines real commitment with actual development objectives in order to meet the aspirations of humanity at large, regardless of the circumstances.
“We are keen to shape a better world that is steered by unprecedented standards of progress. Islamic economy is not merely a tool for producing commodities and growing wealth, it is an incubator of values and ethics that elevate and advance human beings. I don’t believe we need to convince the world any further about the viability of the Islamic economy since it has simply become an imperative solution for all of us seeking to find lasting solutions to the continuous challenges posed by economic crises.”
(Courtesy WAM)