Money and Business

Makkah for Halal: Empowering youth to lead the global halal industry

The Makkah Halal Forum represents a strategic turning point in the trajectory of the Islamic economy, standing out as a global platform aimed at empowering youth and enabling them to lead this growing industry. This initiative comes as part of a concerted effort to unify international efforts and open new horizons for innovation and entrepreneurship in the halal sector, which is no longer limited to food but has expanded to include finance, tourism, cosmetics, and logistics.

The economic importance of the halal industry globally

The halal sector is experiencing rapid growth globally, with economic estimates indicating that the global halal economy exceeds trillions of dollars, and is expected to continue rising due to increasing demand from both Muslims and non-Muslims seeking quality and safety standards. In this context, the forum provides a fertile environment for young people to learn about the latest market trends and understand the mechanisms of global supply chains, thus opening up promising investment opportunities that transcend geographical boundaries.

The Kingdom's Vision 2030 and support for young talent

The Makkah Halal Forum's approach aligns perfectly with the objectives of Saudi Arabia's Vision 2030, which focuses primarily on diversifying non-oil revenue streams and empowering young Saudi talent. By hosting such major events, the Kingdom is solidifying its position as a global logistics and trade hub connecting three continents. Engaging youth in leading this sector is an integral part of the strategy to build a sustainable, knowledge-based economy that relies on innovation and modern technology in developing halal products and services.

Mecca: The beating heart of the Islamic economy

Choosing Mecca to host this event carries not only religious and spiritual significance, but also strategic economic dimensions. As the Qibla (direction of prayer) for Muslims, Mecca possesses the potential to become the world's leading authority on halal standards. Through the professional platforms provided by the forum, young entrepreneurs can connect directly with decision-makers, international experts, and investors, thereby enhancing opportunities for knowledge transfer and the localization of halal-related industries, ultimately boosting local content and increasing the efficiency of Saudi exports to global markets.

In conclusion, focusing on the youth category in “Makkah Halal” is a real investment in the future, as combining their creative energies with long-standing expertise in this field will ensure the sustainability of growth and the development of the industry to meet the changing needs of consumers around the world.

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