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Adnec celebrates Global Exhibitions Day

ABU DHABI, June 7, 2018

Abu Dhabi National Exhibitions Company (Adnec) yesterday celebrated the Global Exhibitions Day (GED), by highlighting the strategic importance of the meetings, incentives, conferences and exhibitions (Mice) sector to the growth of world economies.

The GED initiative, which began in 2016, has seen a growing number of participants and is actively supported by 40 exhibition industry associations and coordinated by UFI, the Global Association of the Exhibition Industry.

As with previous GED events, industry professionals and students from around the world have been very active in online campaigns this year, while many global organisations hosted and organised events marking the day’s significance, said a statement from the company.
 
Adnec Group CEO Humaid Matar Al Dhaheri said: “These are truly exciting times for the global Mice industry as analysts are predicting a compound annual growth rate (CAGR) of 7.5 per cent in the next five years and reaching $1.24 billion in 2023.”

“Rapid globalisation along with the expansion of service industries and the continuing emergence of newer technologies have become key drivers in this industry's continuous growth. In line with this, we are confident that it will be a key player in the growth--remaining steadfast in our commitment to provide world class services and facilities to the region,” he said.

“We join the whole world as it celebrates GED, which aims to highlight the importance of the Mice industry for world economies. With over 260 million visitors and 4.4 million exhibitors generating €98 billion ($115.30 billion) in revenues every year, the Mice industry contributes significantly to the gross domestic product (GDP) of every country in the world,” added Al Dhaheri.

Adnec, he stated, has great pleasure in being a part of this industry, with two venues in the heart of the Middle East, and ExCeL London in the heart of Europe, contributing to 6.12 per cent of the global exhibition industry. "We are proud to set a benchmark in the industry, with its diverse range of events across key economic sectors," he added.

“Our two key venues, the Abu Dhabi National Exhibition Centre and the Al Ain Convention Centre, together generate Dh3.89 billion ($1.058 billion) of economic impact to Abu Dhabi last year. Our key venues have helped contribute to the growth and development of Abu Dhabi and the UAE,” he said.

“We are a key contributor to the development of the business tourism sector in Abu Dhabi and we understand the significant role we play in helping the emirate in achieving its long-term goals of economic growth and diversification by hosting a series of world-class exhibitions, conventions and events--assisting business tourism and generating non-oil related economic impact,” he added.-TradeArabia News Service




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