The Islamic economy is growing nearly twice as fast as the global economy, according to Thomson Reuters, with the UAE taking a hearty chunk of that market, coming second only to Malaysia. Muslim consumer spending exceeds USD 1.8 trillion (AED 6.6 trillion). Mustafa Adil, acting Head of Islamic Finance at Thomson Reuters, says halal food, shariah-compliant tourism and Islamic finance are the biggest drivers.
Listen

Tesla requires suppliers to avoid China-made parts for US cars, WSJ reports
Ferrari leads as Sportico’s F1 team values soar past $34B
Dubai Chambers opens first US office in New York
Dubai Exhibition Centre gears up for mega events
UAE executes first government transaction using Digital Dirham
