Mohammed bin Rashid Chairs the Board Meeting of Dubai Islamic Economy Development Center
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum chaired today the Board Meeting of Dubai Islamic Economy Development Center and hailed that the first goal of the strategy launched two years ago has been achieved and Dubai has become the biggest Islamic bond market worldwide overtaking all competing economic capitals in two years only. The Islamic bonds, listed on Dubai’s exchanges, rose to 135 billion Dirhams in 2015 compared to 26 billion Dirhams in the past according to a recent study published by Thomson Reuters. The meeting was attended by Crown Prince of Dubai and general supervisor of transforming Dubai into the capital Islamic economy initiative His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.