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Top Industry Players to Discuss Role of Halal Industry in Reviving Global Economy

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Top industry players, policy makers and experts in the Halal industry will convene in Sharm El Sheikh, Egypt to discuss the role of Halal industry in creating economic opportunities and reviving the global economy.

The experts will gather in Egypt during the IsDB Group Private Sector Forum on the sidelines of the 47th Islamic Development Bank’s Annual Meeting. The theme of the side event is: Rejuvenating Halal Economy, Creating Economic Opportunities. The discussion will take place at 10am on 4th June 2022.

The Halal economy is estimated to grow to US$3.2 Trillion by 2024. It is an industry that is quite diverse with products ranging from foods and beverages, pharmaceuticals, tourism, cosmetics, media etc.

Speakers at the high-level event include IsDB Vice President (Operations), Dr. Mansur Muhtar, IsDB Acting Director General (Global Practice and Partnership), Mr. Amer Bukvic; Mr. Hanisofian Alias, Chief Industry Development officer,  Halal Development Corporation, Malaysia; Mr. Amel Kovacevic, CEO, United Bank of Albania; Ms. Yvonne Maffei, Founder, Halal Kitchen, USA; Mr. Tomás Guerrero Blanco, Director at Halal Trade and Marketing Centre and Dr. Angitto Abimanyu, Chairman, Indonesia Hajj Fund.

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Dr. Mansur Muhtar, Vice-President (Operations) at IsDB stated: “The halal industry has enormous potential. By tapping into opportunities offered by the Halal economy we can create more jobs and support the effort of our member countries to revive their economies following the devasting impact of COVID-19. This is also in line with the strategic objectives of the realigned strategy of Islamic Development Bank.”

Mr. Amer Bukvic, Acting Director General, Global Practice and Partnership at IsDB Commented: “This is a great opportunity to showcase the immense contribution of the halal industry to the world. With rising unemployment and inflation across the globe, we need to explore non-traditional means of reviving the global economy. The Halal economy is a tested and trusted industry that we can tap into to support this endeavor.”

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Explosion at Illegal Petroleum Depot Kills Five in Rivers State

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At least five people were killed on Saturday following a deadly explosion at a residential building used for the illegal storage of petroleum products in Ogba/Egbema/Ndoni Local Government Area (ONELGA) of Rivers State. The tragic incident has once again highlighted the severe risks associated with illegal refining activities.

The Youths and Environmental Advocacy Centre (YEAC-Nigeria) confirmed the explosion and subsequent fire at the site, where illegally refined petroleum products, including condensate, were being stored for resale. The blast occurred late in the morning around 11:00 AM, engulfing the building in flames and killing four women and one man, all burnt beyond.

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Political Parties Are Part of Nigeria’s Problems —Oby Ezekwesili

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Former Minister of Education, Oby Ezekwesili, has stated that the problem of Nigeria is political parties.

Her outburst comes following the incessant defection from other parties to the All Progressive Congress, APC.

Ezekwesili emphasized that Nigeria has a faulty foundation and defecting from one political party to another which she described as ‘acronymn’ won’t solve the problem.

Her words,”Can I tell you that political parties has been part of the problems of our elite failures because we really havent had political parties in Nigeria.

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We have political platforms, God bless the spirit of someone who used exactly that name for me. They are platforms where individual interest are negotiated.

“We are yet to control the ideology of having real political parties driven by the sense of nation building.

“And then if I ask you again and you say your common identity is APC, I can well tell what will happen because what would happen is that a new set of operators wants to control.

“We have a faulty foundation. When you have a structural problem, you have to find structural solutions.

“Just merely changing acronyms and doing the migratory dance that happens between one set of acronyms and another set of acronyms does not solve the problem of the 50 something years of failure since our independence.”

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Jeddah Airport Handles 5.3 Million Passengers in a Few Weeks

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King Abdulaziz International Airport in Jeddah set a new record by handling over 5.3 million passengers during the five-week peak Umrah season, from March 1 to April 5 (Ramadan 1 to Shawwal 7).

According to Eng. Mazen Johar, CEO of Jeddah Airports Company, the airport successfully executed detailed operational plans that helped streamline Umrah procedures and significantly cut waiting times, accommodating the surge in pilgrim arrivals.

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During this period, the airport managed 31,500 flights and processed approximately 6.4 million bags, marking a major achievement in its operational performance.

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