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Forum to highlight Dubai as land of creativity, innovation

Forum to highlight Dubai as land of creativity, innovation

The World Islamic Economic Forum (WIEF) Foundation and Dubai Chamber of Commerce & Industry (Dubai Chamber) unveiled on Tuesday at a press conference in Kuala Lumpur details of the upcoming 10th WIEF which will be held in Dubai on Oct. 28- 30, 2014 at the Madinat Jumeirah Conference Centre.

The annual forum will be hosted in Dubai for the first time following successes across the globe including Kuala Lumpur, Islamabad, Kuwait, Jakarta, Astana, Johor Bahru and London.

Themed ‘Innovative Partnerships for Economic Growth’, the Forum aims to forge greater collaboration between nations, bringing a new era of prosperity for the global economy. Innovative partnerships is an important dimension required to recognize and develop different models for economic growth, offering tremendous opportunities for players with varying expertise and resources to join forces to create joint ventures that are greater in value than the sum of their parts.

Recognized for its significant contributions to progress in the global Islamic economy over the last 10 years, the annual forum will highlight Dubai’s pursuit to play a key role in shaping the US$ 8 trillion Islamic economy, and introduce new features to celebrate Dubai as the land of creativity and city which embraces the culture of innovation. The new features include:

Ideapad: Technology & Innovation Showcase – Platform for entrepreneurs and innovators to give a 15-minute pitch on stage to capture the attention, interest, and potentially, investment, of the forum’s international audience.

Business Exchange – Business match-making programme where selected companies give a three-minute pitch about their business, followed by a networking session with delegates.

There will also be a specialised session on the second day of the Forum to inaugurate and drive the Halal bio-economy agenda focusing on food security, healthcare and well-being of the global Muslim community.

‘Mobilising Capital from Waqf, Pension Funds and Unit Trusts: Developing Best Practices’ is another thought-provoking panel discussion which will be introduced at the 10th WIEF. These new features will complement the current program which includes panel discussions, Masterclass sessions, networking events and the Marketplace of Creative Arts Festival (MOCAFest).

Key topics of the 10th WIEF include Global Economic Outlook: Developing a Resilient Model for Developing Economies; Global Financial Landscape; Islamic Finance’s Pivotal Role in Enabling Trade & Streamlining the Halal Supply Chain; Socializing Education and the Role of Universities; Retaining Young Talents; Sustainable Urban Planning – Creating Smart Infrastructure and Holistic Communities; and Rise of Women Entrepreneurs – Developing a Peer Network.

Tun Musa Hitam, Chairman of the WIEF Foundation, said; “The Islamic economy is not insulated from happenings around the world and our focus, at the World Islamic Economic Forum Foundation, is bringing to the fore opportunities which will ensure continued progress for the economy and the people.

Three ways we can achieve this are by exploring prospects in smaller, non-majority Muslim markets, leveraging the continued growth of Islamic finance and, represented in our theme for 10th WIEF, forging innovative partnerships for business success.”