
Al Baraka Group announced as global partner of the 2nd Global Islamic Economy Summit in Istanbul
With a legacy spanning over fifty years of leadership, Al Baraka Group continues through this strategic partnership to play a pivotal role in shaping the future of Islamic economics across continents. The Group is not merely a leading financial institution, but also a visionary force driving profound transformations to ward ethical economies, inclusive development, and global strategic dialogue.
We are also proud and honored to announce that this prestigious summit is held under the presence of the President of the Republic of Türkiye, H.E. Recep Tayyip Erdoğan, who will officially opening the summit.
The summit's agenda, attended by global influencers, top economists, and leading thought leaders, includes keynote speeches from H.E. Shaikh Abdullah Saleh Kamel, Chairman of the Board of Trustees of AlBaraka Forum, and H.E. Dr. Mahmoud Mohieldin, United Nations Special Envoy. The summit will also witness the official launch of the AlBaraka Islamic ESG Index, powered by Spectreco, and a special session held under the auspices of the Saleh Kamel Islamic Economics Award, featuring leading researchers from top Turkish universities.
The summit's proceedings will be divided into six thematic panel sessions addressing strategic issues, including: The strategic roadmap for central banks in promoting Islamic economics, finance, and banking at the national and international levels; Strategic planning for the sustainable development of the Islamic economy (short- and long-term) ; Strategic Islamic economic planning; Economic strategies for sustainable growth in the Islamic economy; Strategies for social and environmental well-being, social justice, and economic empowerment; and Strategies for Islamic entrepreneurship and startups to achieve sustainable success.
On this occasion, Mr. Houssem Ben Haj Amor, Board member and Group CEO of Al Baraka Group, stated:
'We are delighted to sponsor the second Al Baraka Summit in Istanbul, reaffirming our continued commitment to the values laid down by our late founder, Shaikh Saleh Kamel.'
He added: 'Through our sponsorship of this summit, we reaffirm Al Baraka Group's role as a leading reference in Islamic banking and finance dedicated to establishing and advancing the Sharia-compliant foundations of economic transactions and the broader Islamic economy.'
About Al Baraka Group:
Al Baraka Group B.S.C. (C) is licensed as an Investment Business Firm – Category 1 (Islamic Principles) by the Central Bank of Bahrain. It is a leading international Islamic financial group providing financial services through its banking subsidiaries in 13 countries offering retail, corporate, treasury and investment banking services, strictly in accordance with the principles of Islamic Shari'a.
The Group has a wide geographical presence with operations in Jordan, Egypt, Tunisia, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon and Syria, in addition to two branches in Iraq and a representative office in Libya and provides its services in more than 600 branches. ABG's network serves a population totaling around one billion customers.
The authorized capital of ABG is US$ 2.5 billion.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
an hour ago
- Zawya
Turkish Airlines and airBaltic expand codeshare partnership
Dubai: Turkish Airlines, the national flag carrier of Türkiye, and the Latvian airline airBaltic expand their existing codeshare agreement, adding several new destinations to their shared network. Since 2023, the two airlines have jointly operated flights between Istanbul and Riga under a codeshare arrangement. This latest expansion builds on that foundation, allowing both carriers to tap into new markets, broaden their route networks, and enhance connectivity for their passengers. The strengthened collaboration marks another step in extending the global reach of both airlines. Under the expanded agreement, Turkish Airlines will place its flight code on select airBaltic-operated flights from Riga to Turku (TKU) and Tampere (TMP) in Finland, as well as Palanga (PLQ) in Lithuania. In return, airBaltic will be allowed to place its flight code on Turkish Airlines-operated routes from Istanbul to the following destinations: Tbilisi (TBS), Batumi (BUS), Ashgabat (ASB), Baku (GYD), Dushanbe (DYU), and Bishkek (FRU). These new routes will be launched following the completion of regulatory approvals. Commenting on the expansion, Turkish Airlines CEO Bilal Ekşi, stated: 'We are pleased to further strengthen our partnership with airBaltic. This expanded codeshare agreement reflects our commitment to offering more travel options and improved connectivity for our passengers. As the airline flying to more countries than any other, we will continue bridging continents and cultures through strategic collaborations and a growing network.' Pauls Cālītis, Interim CEO and COO of airBaltic also commented: ' We are glad to take the next step in our partnership with Turkish Airlines. This collaboration provides even more travel opportunities for Baltic passengers through Turkish Airlines' extensive global network. At the same time, travellers from Türkiye can now enjoy greater access to airBaltic's destinations across the Baltics and Northern Europe. We look forward to continuing this successful cooperation.' As part of the extended partnership, both airlines will place their respective marketing flight numbers on the newly included routes, in addition to the existing Riga-Istanbul-Riga service. The agreement continues to attract growing passenger numbers, offering seamless travel experiences and improved connectivity through the carriers' respective hubs. Turkish Airlines, Inc. Media Relations About Turkish Airlines: Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 486 (passenger and cargo) aircraft flying to 353 worldwide destinations as 300 international and 53 domestics in 131 countries. More information about Turkish Airlines can be found on its official website or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram. About Star Alliance: Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey. The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United. Overall, the Star Alliance network currently offers 17,837 daily flights to over 1,160 airports in 192 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines. Star Alliance Press Office: Tel: +65 8729 6691 Email: mediarelations@ Visit our website or connect with us on social media: About airBaltic: airBaltic (Air Baltic Corporation AS) is the leading airline in the Baltics and one of Europe's fastest-growing carriers. As a hybrid airline, it leverages the upsides of both traditional network and low-cost carriers. Through a network of nearly 130 routes from Riga, Tallinn, Vilnius, Tampere and, seasonally, Gran Canaria, airBaltic connects the Baltics with over 70 destinations across Europe, the Middle East, North Africa, and the Caucasus. Founded in 1995, today airBaltic operates one of Europe's youngest fleets, consisting of 50 Airbus A220-300 aircraft, and employs over 2 800 people. In February 2025, airBaltic became the first European airline to offer free high-speed SpaceX Starlink internet on its flights. The company is majority-owned by the Latvian state, which holds a 97.97% stake, with the remaining 2.03% owned by private shareholders. In January 2025, Lufthansa Group announced an investment in a minority stake in airBaltic, with the transaction expected to close in the second quarter of 2025. airBaltic's commitment to excellence is recognized by numerous prestigious awards, including being named the Best Airline in its region by Skytrax for three consecutive years. In 2023, APEX awarded the company the Passenger Choice Award for Best Cabin Service in Europe, and in 2024, airBaltic received the APEX Four Star Major Airline Award for its commitment to providing a high-quality travel experience. The same year, the airline was awarded the PROS AI Innovator Award for leveraging AI to drive transformative outcomes and optimize operations. In 2025, airBaltic made its debut in the global rankings compiled by Airline Ratings, which recognized it among the world's 50 safest airlines and included it in the list of the world's top airlines for 2025.


Web Release
2 hours ago
- Web Release
Chestertons Unites Global Network in London to Reinforce Cross-Border Real Estate Momentum
Chestertons, the 220-year-old global property consultancy, recently convened its international network in London in June for a two-day showcase of cross-border opportunity, technological advancement, and real estate leadership. Bringing together partners, clients, and affiliates from around the world, the Chestertons Global London Summit and the London Roadshow offered a comprehensive view of the group's global progress while reinforcing its unique role as a connector between the UK and Dubai property markets. Championing Innovation Held across two dynamic days in Mayfair on the 9th,10th and 11th of June, the dual events reflected the brand's efforts to advance its global partnerships and facilitate impactful dialogue between investors and market experts. The Chestertons Global Summit served as a strategic platform for international affiliates to share updates, achievements, and future plans, while spotlighting key developments in the group's innovation and impact agenda. Meanwhile, the London Roadshow, hosted by Chestertons MENA, focused on delivering high-value investment insights to high-net-worth clients and prospects interested in UAE's flourishing property market. Chestertons' Global Summit At the heart of the Global Summit was Chestertons' commitment to continuous innovation, highlighted by the announcement of two significant technology integrations. One of these, a newly announced partnership with Kendal, introduces an AI-driven WhatsApp integration on the Chestertons Global website—enabling 24/7 client engagement, instant responses to property inquiries, and more efficient lead conversion. Together, these platforms mark a pivotal moment in Chestertons' digital evolution, enhancing client service while streamlining agent workflows. 'The Global Summit was an opportunity to align with our global partners and showcase our innovation, growth, and the value we deliver to clients across borders,' said Mohamed Mussa, Head of Chestertons Global. 'With Dubai and London both representing key pillars in our network, this event enabled us to demonstrate how we're actively bridging those markets for the benefit of our investors and clients.' The London Roadshow Running concurrently with the Summit in a separate room at the same venue, The London Roadshow was tailored to UK-based investors exploring opportunities in Dubai's dynamic residential and commercial sectors. Sessions covered Dubai's economic trajectory, the strength of its off-plan market, the advantages of the golden visa scheme, and holistic support services including banking, asset management, and long-term planning. Attendees also benefited from personalised consultations with Chestertons' Dubai-based specialists to explore tailored investment strategies. Adding further depth to the event, key representatives from the Dubai office — Rahma Bacha (Director of Residential), Ziman Li (Property Consultant), and Marwan Tayara (Associate Director – Off Plan) — were in attendance, offering on-the-ground perspective and regional expertise. According to Mania Merrikhi, Chief Operating Officer and Managing Director of Chestertons MENA, 'There is a clear two-way appetite for investment between Dubai and London. UK-based investors are increasingly looking to Dubai for its strong rental yields, tax advantages, and growth potential, while we also see sustained interest from GCC investors in London's prime and super-prime sectors. Our role is to facilitate that flow of capital and provide clients with expert guidance and global insight.' Chestertons' Recent Initiatives The Summit also highlighted Chestertons' social impact commitments, with a dedicated session on the Chestertons Foundation and its ongoing support of the Sand Dams initiative in southeast Kenya. With a goal to raise £40,000 to build a new sand dam in Makueni County, the initiative aims to deliver year-round access to clean water for over 500 people, empowering communities with long-term resilience and security. The Foundation also encouraged attendees to get involved through donations, fundraising challenges, client-gifting campaigns, and social advocacy. 'As a brand with over two centuries of heritage, we know that our future depends on how well we adapt, connect, and lead,' added Mohamed Mussa. 'Through our various efforts, we aim to build a future that reflects our values of trust, clarity, and global impact.' Looking ahead, Chestertons will continue to deepen its presence across key global markets, champion innovation that enhances client experience, and foster cross-border investment flows that benefit both individuals and communities. With upcoming activations planned in the UAE, Europe, and the Caribbean, and a continued focus on digital transformation and sustainability, the momentum sparked in London marks only the beginning of an ambitious new chapter for Chestertons on the world stage.


Zawya
3 hours ago
- Zawya
Chestertons unites global network in London to reinforce cross-border real estate momentum
The company's recent London summit and roadshow reveal there is a strong two-way investment appetite between Dubai and the UK, showcasing innovation, social impact, and international growth Dubai, UAE: Chestertons, the 220-year-old global property consultancy, recently convened its international network in London in June for a two-day showcase of cross-border opportunity, technological advancement, and real estate leadership. Bringing together partners, clients, and affiliates from around the world, the Chestertons Global London Summit and the London Roadshow offered a comprehensive view of the group's global progress while reinforcing its unique role as a connector between the UK and Dubai property markets. Championing Innovation Held across two dynamic days in Mayfair on the 9th,10th and 11th of June, the dual events reflected the brand's efforts to advance its global partnerships and facilitate impactful dialogue between investors and market experts. The Chestertons Global Summit served as a strategic platform for international affiliates to share updates, achievements, and future plans, while spotlighting key developments in the group's innovation and impact agenda. Meanwhile, the London Roadshow, hosted by Chestertons MENA, focused on delivering high-value investment insights to high-net-worth clients and prospects interested in UAE's flourishing property market. Chestertons' Global Summit At the heart of the Global Summit was Chestertons' commitment to continuous innovation, highlighted by the announcement of two significant technology integrations. One of these, a newly announced partnership with Kendal, introduces an AI-driven WhatsApp integration on the Chestertons Global website—enabling 24/7 client engagement, instant responses to property inquiries, and more efficient lead conversion. Together, these platforms mark a pivotal moment in Chestertons' digital evolution, enhancing client service while streamlining agent workflows. 'The Global Summit was an opportunity to align with our global partners and showcase our innovation, growth, and the value we deliver to clients across borders,' said Mohamed Mussa, Head of Chestertons Global. 'With Dubai and London both representing key pillars in our network, this event enabled us to demonstrate how we're actively bridging those markets for the benefit of our investors and clients.' The London Roadshow Running concurrently with the Summit in a separate room at the same venue, The London Roadshow was tailored to UK-based investors exploring opportunities in Dubai's dynamic residential and commercial sectors. Sessions covered Dubai's economic trajectory, the strength of its off-plan market, the advantages of the golden visa scheme, and holistic support services including banking, asset management, and long-term planning. Attendees also benefited from personalised consultations with Chestertons' Dubai-based specialists to explore tailored investment strategies. Adding further depth to the event, key representatives from the Dubai office — Rahma Bacha (Director of Residential), Ziman Li (Property Consultant), and Marwan Tayara (Associate Director – Off Plan) — were in attendance, offering on-the-ground perspective and regional expertise. According to Mania Merrikhi, Chief Operating Officer and Managing Director of Chestertons MENA, 'There is a clear two-way appetite for investment between Dubai and London. UK-based investors are increasingly looking to Dubai for its strong rental yields, tax advantages, and growth potential, while we also see sustained interest from GCC investors in London's prime and super-prime sectors. Our role is to facilitate that flow of capital and provide clients with expert guidance and global insight.' Chestertons' Recent Initiatives The Summit also highlighted Chestertons' social impact commitments, with a dedicated session on the Chestertons Foundation and its ongoing support of the Sand Dams initiative in southeast Kenya. With a goal to raise £40,000 to build a new sand dam in Makueni County, the initiative aims to deliver year-round access to clean water for over 500 people, empowering communities with long-term resilience and security. The Foundation also encouraged attendees to get involved through donations, fundraising challenges, client-gifting campaigns, and social advocacy. 'As a brand with over two centuries of heritage, we know that our future depends on how well we adapt, connect, and lead,' added Mohamed Mussa. 'Through our various efforts, we aim to build a future that reflects our values of trust, clarity, and global impact.' Looking ahead, Chestertons will continue to deepen its presence across key global markets, champion innovation that enhances client experience, and foster cross-border investment flows that benefit both individuals and communities. With upcoming activations planned in the UAE, Europe, and the Caribbean, and a continued focus on digital transformation and sustainability, the momentum sparked in London marks only the beginning of an ambitious new chapter for Chestertons on the world stage. About Chestertons With a legacy spanning over 220 years, Chestertons is one of the world's most established and respected real estate advisory firms. Founded in London in 1805 by Charles Chesterton, the company has built a reputation for trust, integrity, and expertise, offering tailored advice to clients across the globe. As a founding member of the Royal Institution of Chartered Surveyors (RICS), Chestertons combines its rich heritage with a forward-thinking approach, providing a full suite of services including residential and commercial brokerage, valuation and advisory, building consultancy, property management, and market research. In the UAE, Chestertons has been active since 2008, with its regional headquarters now based in Marina Plaza, Dubai Marina. The firm is home to a dynamic team of over 90 experts who bring together international experience and local insight to support developers, investors, landlords, and occupiers. With a history of success built over generations, Chestertons delivers intelligent, personalised solutions that generate long-term value.