ADNEC celebrates Global Exhibitions day

Abu Dhabi National Exhibitions Company (ADNEC) has revealed that it participated in the worldwide celebrations of Global Exhibitions Day (GED)  recently, highlighting the strategic importance of the MICE industry to the growth of world economies. The GED initiative, which began in 2016, has seen an ever-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 organizations hosted and organized events marking the day’s significance.
Humaid Matar Al Dhaheri, Group CEO of ADNEC 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 USD 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, ADNEC is 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. We join the whole world as it celebrates GED on June 6, which aims to highlight the importance of the MICE industry for world economies. With over 260 million visitors and 4.4 million exhibitors generating EUR 98 billion (AED 422 billion) in revenues every year, the MICE industry contributes significantly to the GDP of every country in the world.”