ABU DHABI: The 14th edition of the World Islamic Economic Forum (WIEF), to be hosted by the Abu Dhabi Department of Economic Development (ADDED) between 6 and 8 February 2024, will focus on shaping a sustainable future by addressing key challenges, exploring new opportunities, and showcasing the latest innovative strategies and solutions to drive socio-economic development.
The flagship forum, launched in 2005 by the WIEF Foundation to strengthen dialogue and exchange of knowledge between senior government officials, academics, and business leaders from around the globe, will bring together influential leaders, policymakers, scholars, and industry experts to engage in discussions and shape the future of the global economy.
The 14th edition, to be held at the Abu Dhabi National Exhibition Centre (ADNEC), is themed “Global Economic Agenda: Shaping a Sustainable Future” as it strives to reach innovative solutions to pressing challenges facing the global community.
His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: “Hosting the World Islamic Economic Forum is part of our efforts to shape a smart, sustainable, and inclusive socio-economic development in the world. Inspired by our leadership’s vision and approach, we believe cooperation and dialogue with key players in the global stage will enable us to reach innovative solutions that serve current and future generations”.
H.E. Al Zaabi adds: “As it will convene few weeks after UNCTAD’s World Investment Forum and COP 28, the World Islamic Economic Forum (WIEF) will provide a unique platform to build upon the discussions and outcomes of these major conferences. The participants will gain insight into the most prominent trends in the global economy, discuss strategies, share knowledge, reach innovative solutions, and work collaboratively to create a more sustainable and equitable economic landscape.”
“14th WIEF promises to be a landmark event where the brightest minds and influencers from various sectors will converge to drive meaningful discussions and pave the way for a more sustainable economic future. We look forward to a successful event,” said Tan Sri Dr Syed Hamid Albar, Chairman of WIEF Foundation.
During the three-day event, participants will have the opportunity to engage in discussions covering main topics that are influencing todays and tomorrow’s economy including the role of advanced technologies and digital transformation, global economy’s key drivers and the rising role of Asian economic powerhouses. It will also address trends, opportunities, and strategies developed in the Middle East for a better future and investment landscape in Abu Dhabi.
The Forum is expected to attract more than 2,500 participants from 80 countries, including leaders, role players and media representatives from Central Asia, the Middle East, Asia Pacific and beyond.
The forum’s panel discussions will focus on ESG, green economy and Islamic finance, food security, Halal industry, role of youth and women in business, trade relations, investment opportunities, and technology-driven solutions for economic growth.
Media Statement
Tue Nov 07 2023
14th WIEF promises to be a landmark event to drive meaningful discussions and pave the way for a more sustainable economic future, said Tan Sri Dr Syed Hamid Albar, Chairman of WIEF Foundation. - WIEF
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.