A two day long Global Islamic Economic Summit, GIES gets underway in Dubai. More than 3000 business leaders, decision makers and Islkamic economy experts will attend the meet. The summit will be inaugurated by the Vice President and Prime Minister of UAE and the Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum.
The event is aimed at making Dubai the capital of Islamic economy.
The Global Islamic Economy Summit 2013 will be the first forum for Islamic Finance sectors and the Halal industries including food, travel and lifestyle to engage in discussions, tackle the challenges, and devise the road map for the future of the Islamic Economy.
High on the agenda are the trends within the global Islamic economy by the experts.
According to estimates, the Islamic economies of the world represent more than $8 trillion in GDP, a 1.6 billion population growing at twice the rate of the global population.
A disposable income of $4.8 billion and a relatively young Muslims population is being seen as the potential market for the business leaders.