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3rd World Islamic Economic Forum

The third World Islamic Economic Forum was a congregation of an overwhelming 800 plus participants from various countries gathered together for the single purpose of business networking and exchange of cutting edge ideas.

The third Forum bearing the theme “Global Challenges – Innovative Partnerships” was held in Kuala Lumpur, Malaysia on the 27-29th May 2007. The Forum was attended by high profile personalities from the government and business sectors. Among them are the Prime Minister of Malaysia, Dato’ Seri Abdullah Ahmad Badawi, the Prime Minister of Kuwait, Sheikh Nasser Al-Mohamad Al-Ahmad Al-Sabah, the President of Indonesia, Susilo Bambang Yudhoyono, the Crown Prince and Deputy Ruler of Ras Al Khaimah UAE, Sheikh Saud bin Saqr Al-Qasimi, the former Prime Minister of Netherlands, Ruud Lubbers, and the Mayor of Rotterdam, Ivo Opstelten.

Pertinent issues discussed include strengthening business partnership between the Muslim world, the West, China and India, enhancing innovation in the Muslim world and building tomorrow’s innovative company, accelerating trade and investments within and beyond Muslim countries, developing innovative branding and strategic positioning, and identifying ways to integrate Islamic banking into the global financial system.

 

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Event Summary

Main Event
“Global Challenges – Innovative Partnerships”
27th May to 29th May 2007
PWTC, Kuala Lumpur,
Malaysia

WIEF Young Leaders Forum
27th May 2007
PWTC, Kuala Lumpur, Malaysia

WIEF Businesswomen Forum & Exposition
27th May 2007
PWTC, Kuala Lumpur, Malaysia

Conference Topics

Introduction to the 4th WIEF
Introduction
Background Information
Day 1: Pre-Conference Programme
WIEF Young Leaders Forum
WIEF Businesswomen Forum & Exposition
Day 2: 28 May 2008
Arrival and Registration of Participants.
Opening Session
Arrival of Prime Minister of Malaysia.
Welcoming Speech by Chairman, World Islamic Economic Forum Foundation, Tun Musa Hitam.
Speech by H.E. Prof. Dr. Ekmeleddin Ihsanoglu, Secretary-General OIC
Official Opening Address: “Innovation in the Muslim World – Innovating New Solutions for the Betterment of Society” by The Hon. Dato Seri Abdullah Ahmad Badawi, Prime Minister of Malaysia and Chairman, Organization of the Islamic Conference (OIC).
Special Keynote Address by H.E. President Susilo Bambang Yudhoyono of Indonesia (invited)
Presentation of Mementoes.
Signing of MoU’s.
End of Official Opening Ceremony.
Morning Refreshments/Informal Business Interaction.
Leadership Keynote Panel: “Global Challenges and Muslim Leadership in a Globalised World”
Luncheon Forum: “Muslim-Western Partnership: Making a Quantum Leap Forward”
Parallel Sessions
Session A: Succeeding as Global Entrepreneurs – Strategies for Collaboration Session B: China & India: Partnership with the Muslim World
  • Trends and Changes in the 21st Century Global Marketplace.
  • Forging successful partnerships – key success factors.
  • How entrepreneurs from developing countries can succeed globally?
  • What are lessons to be learned from most successful entrepreneurs.
  • How to take advantage of new global opportunities?
  • Importance of CSR and business ethics.
  • China and India both have large Muslim minorities.
  • The Muslim world has vast resources that China and India need such as Petroleum and edible oil.
  • How to develop a quantum jump in partnership with China and India.
  • How China and India can facilitate development of the Muslim world.
  • Capitalising on new business and investment opportunities in China and India.
Plenary Session – “Accelerating Trade & Investments Within and Beyond Muslim Countries : The Way Forward”
Visit and Briefing at Tabung Haji (Pilgrims Management Fund) / Tea to be hosted by Tabung Haji.
Dinner Special Dinner Address on “Developing Trade and Economic Relations with the Central Asian Republics” by H.E. Nursultan Nazarbayev, President, Republic of Kazakhstan (invited)
Day 3: 29 May 2007
Parallel Sessions
Session C: Leveraging Knowledge & Education to Unlock Innovation and Creativity Session D: Innovative Branding & Strategic Positioning – Keys to Success in a Globalised World * How can Muslim companies
  • Importance of education and human capital development.
  • How to develop creativity and innovation?
  • How to succeed as knowledge economies?
  • The leadership factor to deliver results.
  • Sharing best practices.
  • How can Muslim companies and enterprises create brand leadership?
  • Strategies for positioning and image building.
  • Developing a global brand strategy?
  • Communications – getting your story out.
Parallel Sessions
Session E: Creating and Innovating Jobs for the Future – Roles of Government, Business and Training Session F: Building Tomorrow’s Innovative Company – Securing a Competitive Advantage
  • The Muslim world requires millions of new jobs to reduce unemployment.
  • Public-private partnerships for innovative solutions in job creations?
  • What will be the jobs of the future?
  • How can business assist in generating employment?
  • What are the major challenges facing companies in the 21st Century?
  • How can companies successfully transform themselves to develop competitive advantage?
  • How can companies be more innovative?
  • What are future strategies for success in a competitive globalised world?
Guide to Successful Deals
Lunch & Parallel Workshops - 1
  • The Muslim world requires millions of new jobs to reduce unemployment.
  • Public-private partnerships for innovative solutions in job creations?
  • What will be the jobs of the future?
  • How can business assist in generating employment?
Telecommunicationst General Trade & Other Business Opportunitie
Integrating Islamic Banking into Global Financial System
Parallel Workshops – 2
  • Sectoral overview and trends
  • Business & investment opportunities in the sector
  • Interactive Session with policy makers and entrepreneurs
  • Updates on specific projects
Infrastructure
Energy & Water
Tourism & Travel
Closing Plenary Session– “Closing the Poverty Gap – How Governments and the Private Sector Can Collaborate in Development”
Summary of Conference Proceedings & Adoption of Forum Declaration – Dato’ Dr. Michael Yeoh, CEO, WIEF Foundation.
Closing Address
Vote of Thanks by Tun Musa Hitam, Chairman, WIEF Foundation.
Closing Reception / Sectoral Matchmaking
Matchmaking Opportunities Opportunities:
  • Telecommunications &
  • General Trade &Other Business Opportunities
  • Infrastructure
  • Energy & Water
  • Tourism & Travel

The 3rd Declaration

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