Tagged: Sami Al Qamzi

Centralised legal framework for Islamic economy soon

Centralised legal framework for Islamic economy soon

By the end of this year, the Islamic Economy Higher Committee will come out with a unified Islamic legislation to help encourage and support Islamic products in the emirate. The committee will also work on creating bodies or committees authorised to certify and check on the Islamic products. However this will be left optional, the Committee’s member and Director General of Dubai Department of Economic Development, Sami Al Qamzi said.

‘Mohammad Bin Rashid SME Fund’ decreed

‘Mohammad Bin Rashid SME Fund’ decreed

Dubai’s ruler Shaikh Al Maktoum decided to finance small and medium enterprises by a new SME Fund. Fund will offer financiall help to around 100 national entrepreneurial projects every year and thus support expecially young citizens in order to grow up…