Dubai – Mubasher: Dubai’s 50-year Charter, issued in January 2019 for the development of the emirate, has played a significant role in pushing up the Islamic economy’s sustainable growth, UAE’s Minister of Economy Sultan bin Saeed Al Mansouri said.
The announcement took place on the sidelines of the first board meeting of the Dubai Islamic Economy Development Centre (DIEDC) in 2019, chaired by Al Mansouri.
“Dynamic Islamic economy sectors can now embark on a new path of development and growth, drawing inspiration from the articles set within the Charter, particularly those linked to the Dubai Silk Road and the Geo-Economic Map of Dubai, which aim to strengthen Dubai's status as a global capital of economy, investment, and trade,” Al Mansouri said.
He pointed out that the objectives of the 50-year Charter and DIEDC strategy focus on the diversification of the UAE economy, in addition to facilitating an innovation-friendly environment.
Al Mansouri noted that Islamic economy has proven its ability to keep pace with the technological developments resulted from the fourth industrial revolution.
In the same vein, the emirate eyes launching new digital programmes and projects in a bid to enhance its transition to a knowledge-based economy.
Al Mansouri highlighted that the Islamic economy is witnessing a rapid growth on a global scale, even in non-Islamic countries, due to the increasing demand for its products in international markets.
The 50- year Charter was issued by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in a step to improve the quality of life in Dubai for its citizens and residents over the next 50 years.
