Dubai set to become world’s Islamic economy capital
Dubai has the resources to become the capital of the world’s Islamic economy following an initiative by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister, and Ruler of Dubai, according to Mohammed Al Gergawi, chairman of the Dubai Islamic Economy Development Centre (DIEDC). Gergawi added that Islamic economy is expected to have a potential value of nearly seven trillion (Dh25 trillion) in 2020. In his opinion Dubai possesses the resources that make it the capital of the world’s Islamic economy, such as experience, the strategic location and the necessary infrastructure.
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