Business Blog

Increasing preference for halal food as global market grows to USD1.1trn in 2013

Halal food and beverage market is becoming increasingly popular worldwide, states the latest research note by Dubai Chamber of Commerce and Industry based on a recent study by Thomson Reuters .

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Dubai Chamber Report shows increasing preference for halal food as global market grows to USD1.1 trn

Halal food and beverage market is becoming increasingly popular worldwide and has grown to a USD1.1 trillion industry in 2013, states the latest research note by Dubai Chamber of Commerce and Industry based on a recent study by Thomson Reuters.

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Dubai's Emicool gets USD245m financing for expansion

Dubai-based Emirates District Cooling (Emicool) said on Sunday it had signed a $245 million, 12-year facility with Dubai Islamic Bank to refinance existing debt and fund its expansion.

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The Tense Dichotomy between Shari'ah Compliance and the Economic Goals of an Islamic Bank (part 2)

"Hedgers provide actual goods and services to the economy and futures and options enable them to provide these goods and services more efficiently." 

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Takaful chairman steps down

The Chairman of Islamic insurer Abu Dhabi National Takaful Co. (Takaful) resigned on Tuesday, according to a statement on the Abu Dhabi bourse.

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Dubai DIEDC launches Global Islamic Economy Summit 2013 Report

The Dubai Islamic Economy Development Centre, DIEDC, in partnership with Thomson Reuters and the Dubai Chamber of Commerce and Industry, has launched a report outlining key findings from the Global Islamic Economy Summit, GIES, 2013.

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