ADQ and ADNEC Group have signed definitive agreements for the strategic acquisition of a 40.5 per cent stake in Egypt-based Talaat Moustafa Group (TMG) Holding’s hospitality arm, ICON Group, through a capital increase. ICON is a leading player in Egypt’s luxury and upscale hospitality market, with a track record of building and owning some of the most celebrated luxury hotels in Egypt. The group owns four operational hotels – Four Seasons Cairo at Nile Plaza, Kempinski Nile Hotel Cairo, Four Seasons Sharm El Sheikh and Four Seasons Alexandria at San Stefano – and has three hotels and luxury residential real estate assets currently under development, such as the Four Seasons in Madinaty and Luxor and Radisson Collection in Marsa Alam, and one hotel under design, the Four Seasons at The Pyramids. ADQ and ADNEC will invest through a special purpose vehicle, with 49 per cent equity ownership by ADQ and 51 per cent equity ownership by ADNEC. The transaction represents a major foreign direct investment (FDI) in Egypt and marks a vote of investor confidence in the Egyptian tourism and hospitality sector. The investment by ADQ and ADNEC in TMG’s hospitality arm will be used partially to de-leverage the existing debt of ICON, with the remaining used for the acquisition of a stake through ICON in the portfolio of seven luxury heritage hotels owned by the Egyptian Government, for which definitive agreements have been signed. The seven hospitality assets include Marriott Cairo Omar Khayyam Zamalek, Marriott MENA House Cairo, Sofitel Winter Palace Luxor, Sofitel Legend Old Cataract Aswan, Steigenberger Cecil Hotel Alexandria, Steigenberger Hotel El Tahrir Cairo and Mövenpick Resort Aswan. Post-transaction, ICON will have a combined portfolio of 15 luxury and upscale …
Read More »ADNEC Group launches charter flight service to support Abu Dhabi’s tourism and hospitality sectors
ADNEC Group, through its tourism arm Tourism 365, has launched new charter flight services in the UAE, enhancing travel options for international tourists from multiple destinations while propelling the UAE’s hospitality offering and reputation as a premier global destination. This premium new service, available from Europe and central Asia, is poised to increase visitor arrivals to the UAE, while further solidifying ADNEC Group’s position as a key player in the regional tourism sector. The new charter service complements the group’s wider hospitality offering, supporting the travel industry’s role in the nation’s economic growth, a sector expected to represent nearly 10 per cent of the UAE’s total economy in 2023. Charter flights have been launched by Tourism 365 in August from high demand and non-commercially operated international markets. Hundreds of thousands of travellers are expected to experience Tourism 365’s new service this year alone. Emerging source markets boosting arrivals into Abu Dhabi include Uzbekistan, Kyrgyzstan, Kazakhstan, Azerbaijan, Belarus and Tajikistan through its tour operator, Easy Booking, in Central Asia. This October, the German market will also benefit from the launch of weekly charter operations to Abu Dhabi from airports including Leipzig, Nuremberg and Cologne through its own tour operator, Capital Holidays. The charter flights will complement the existing direct commercial flight network. Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC Group, said: “Our strategic ongoing goal is to boost the UAE tourism sector’s contribution to national economic growth through enhancing the offering and capabilities of the sector. Tourism 365’s ongoing growth and service diversification has the power to further increase tourist arrivals and diversify the source markets, increasing the international footprint of travellers visiting the UAE. ADNEC Group …
Read More »ADNEC Group’s Capital Holidays opens premises in Germany to promote Abu Dhabi’s tourist destinations
ADNEC Group has announced through its subsidiary, Capital Holiday, its full operational launch in Munich, marking a significant milestone in its vision to elevate Abu Dhabi’s tourism sector. With a dedicated team in place, Capital Holidays is committed to supporting sustainable growth of tourism in the emirate. Driven by a shared passion for excellence, the Capital Holidays team is working to activate a state-of-the-art technological infrastructure. This infrastructure aims to streamline workflows and enhance collaborations between Capital Holidays and its trade partners, ensuring seamless travel experiences for tourists exploring Abu Dhabi. The inauguration of Tourism 365’s new office in Munich, operating under its subsidiary Capital Holidays, represents a strategic move to attract European leisure and business tourists to Abu Dhabi. This expansion aims to promote the emirate’s captivating tourist attractions in the European market while forging partnerships with tour operators. Humaid Al Dhaheri, Managing Director and Group CEO of ADNEC, said: “The establishment of our Munich office reflects our commitment to creating lasting connections between Europe and Abu Dhabi. By providing convenient access to our exceptional destination through our European hub, we aim to showcase the richness of Abu Dhabi’s offerings to travellers, entrepreneurs, and investors alike. This move is evidence of ADNEC’s dedication to bolstering the growth of Abu Dhabi’s tourism sector on an international scale.” The strategic location of the new office in Munich positions Capital Holidays to cater to the unique preferences of European travellers. Through targeted marketing initiatives, Capital Holidays will highlight Abu Dhabi’s diverse cultural heritage, modern infrastructure and unparalleled hospitality. Emphasis will be placed on the city’s iconic landmarks, thriving arts and culture scene, and world-class business facilities to foster a deeper understanding of …
Read More »ADCEB sign MOU with ADNEC Group to enhance Abu Dhabi’s position as leading global business events destination
Abu Dhabi Convention and Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has signed a Memorandum of Understanding (MoU) with (ADNEC Group, owner and operator of the largest exhibition venue in the Middle East, the Abu Dhabi National Exhibition Centre, in a strategic step towards its future business development strategy. The newly formed ADCEB and ADNEC Group Joint Fund is a continuation of ADCEB’s strategy to harness public-private partnerships to drive increased B2B events and incentive travel in the emirate. The fund will provide additional financial incentives and support to corporate meeting planners and incentive houses, while simultaneously reiterating that Abu Dhabi is a safe destination that is fully open for business tourism. The partnership will combine the joint marketing efforts of ADCEB and ADNEC Group to raise awareness of the emirate’s readiness to host large Meetings, Incentives groups. H.E. Saleh Mohamed Al Geziry, Director General for Tourism at DCT Abu Dhabi, said: “This partnership with ADNEC Group is a tremendous step in further solidifying our position as a leading global destination for business events of all kinds. With ADCEB’s experience and expertise and ADNEC Group’s impressive portfolio of event, tourism and hospitality assets, together we can create the ultimate destination package that showcases the best of the emirate and attracts ever greater numbers of large-scale and high-profile events to Abu Dhabi.” Humaid Matar Al Dhaheri, Managing Director & Group CEO of ADNEC Group, said: “We are pleased to partner with the Abu Dhabi Convention and Exhibition Bureau to launch the joint fund for organisers of international corporate meetings and events, who are interested in holding their events at the Abu …
Read More »ADNEC launches ‘Tourism 365’ to support the growth of Abu Dhabi as a tourism destination
Abu Dhabi National Exhibitions Company (ADNEC) has launched ‘Tourism 365’. The new company will support in creating experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with ADNEC’s new broader role to support the growth of Abu Dhabi as a tourism destination, increasing leisure visitors, enhancing guest experiences, and extending their stay in the UAE’s capital. “Tourism 365” will work in concert with key stakeholders across Abu Dhabi’s tourism sector and the UAE. Humaid Matar Al Dhaheri, Managing Director and Group CEO of Abu Dhabi National Exhibitions Company, commented, “In launching Tourism 365, ADNEC continues to fulfil its strategy in developing Abu Dhabi’s tourism sector. Through strengthening and enhancing our business portfolio in tourism, and expanding to include leisure tourism, we actively amplify the economic impact of ADNEC Group. Tourism 365 will play a critical role in growing the emirate of Abu Dhabi as one of the Middle East’s leading tourism destinations. It will do so through close collaboration with partners across the government and private sectors, most notably the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), alongside local and global companies specialised in this critical sector. “Tourism 365 will contribute to enhancing Abu Dhabi’s vibrant tourism ecosystem, bringing significant returns on investment to the emirate. It will do so by launching a range of companies that will promote the tourism industry and other supporting sectors, securing major partnerships with dominant international and travel companies. Finally, ‘Tourism 365’ will enable innovation across the tourism sector, increasing the emirate’s attractiveness to international visitors, and showcasing all …
Read More »ADIHEX’s 18th edition to be extended to 7 days international fair
Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) announced that the 18th edition of the event will take place over seven days from September 27 to October 3, 2021, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of Emirates Falconers’ Club. The exhibition will extend for the first time in its history over 7 consecutive days, in line with its development strategy turning it into a comprehensive International fair. H.E. Majed Ali Al Mansouri, Secretary-General of the Emirates Falconers’ Club and Chairman of the Higher Organizing Committee of ADIHEX, said that the kind gesture of the event’s patron, H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of Emirates Falconers’ Club, and his directives to extend the exhibition for an entire week came as a result of the unprecedented eagerness from the event participants. H.E. Al Mansouri explained that the extension will offer visitors and exhibitors a greater opportunity to benefit from the event to network and conclude their business deals. It will also help meet the rising aspirations of the visitors, including those interested in falconry, hunting and equestrian from around the world. H.E. Majed Al Mansouri added that the event witnessed an impressive increase in visitor’s number reaching a total of 1.6 million from its launch to 2019 edition. He reiterated that the next edition will be unique as it coincides with the UAE’s 50 years celebration of success and achievements, and the launch of the Golden Jubilee plan for the next 50 years. H.E. AL Mansouri said, “while preparing for the next …
Read More »ADNEC opens registrations for UMEX and SimTEX 2020 exhibitions
Abu Dhabi National Exhibitions Company (ADNEC) announced the opening of online registration for exhibitors, media professionals and visitors to participate in the fourth edition of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation and Training Exhibition and Conference (SimTEX) and the accompanying conference. Both are held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and organised by ADNEC in cooperation with the General Command of the Armed Forces, from February 23-25, 2020. The Higher Organising Committee of UMEX and SimTEX exhibitions indicated that all sub-committees are ready for the event a specially set programme, with the aim of achieving the highest levels of excellence for the upcoming edition at all levels. This will be done by building on previous editions’ successes, achieved on regional and international levels, with teams that include distinguished national competencies who will work to prepare and develop events in a manner that benefits the reputation and standing of the UAE. Saeed Al Mansouri, Executive Director of IDEX, a subsidiary of ADNEC, said, “The third edition of UMEX and SimTEX witnessed great success and local and international record turnout, thanks to the directives and support of our wise leadership, and as a result of the exceptional efforts made by ADNEC and its group of companies in cooperation with partners from the public and private sectors, organising committees and media establishments sponsoring the exhibitions and the accompanying conference. At ADNEC, we are always focused on hosting and organising international exhibitions and events that support business tourism sectors identified in the Abu Dhabi plan, that contribute to advancing economic development …
Read More »ADNEC and Abu Dhabi Convention Bureau collaborate to attract key conferences to the capital
Abu Dhabi National Exhibitions Company (ADNEC) and Abu Dhabi Convention Bureau, a division of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) have teamed up to win bids to host four leading international conferences in Abu Dhabi – all of them being held in the Middle East region for the first time. These wins, for the World Congress of Nephrology, the Annual Conference of the International Society for Pediatric and Adolescent Diabetes (ISPAD) Congress, the International Baccalaureate (IB) Africa, Europe, Middle East Global Conference, and the XIV World Association for Psychosocial Rehabilitation (WAPR) World Congress – will contribute to enhancing Abu Dhabi’s growing reputation as a global health and education hub. Securing these significant conferences will also support the Abu Dhabi government in its efforts to further develop these sectors, which have been identified as key development areas in the Abu Dhabi Vision 2030 roadmap for the future. HE Saif Saeed Ghobash, Undersecretary, DCT Abu Dhabi, said, “Abu Dhabi is now firmly established as a major player on the global events stage, able to excel at hosting the world’s most prominent conferences and exhibitions. Working in partnership with our colleagues at ADNEC to secure these conferences for the Emirate is further proof of the great strides we are making in positioning Abu Dhabi as a destination of choice for a whole host of major international organisations.” Humaid Matar Al Dhaheri, Group CEO, ADNEC, said, “These four conferences are of strategic importance as we continue our efforts to position the Emirate as a key global hub for health and education, which are among the sectors identified in the Abu Dhabi vision document as crucial to the Emirate’s …
Read More »Abu Dhabi leads as top destination for global exhibitions and conferences
Abu Dhabi National Exhibitions Company (ADNEC) is set to host a series of leading international events in its venues in Abu Dhabi and Al Ain during November 2018, covering key economic sectors like oil & gas, real-estate, investment and healthcare. The exhibitions and congresses to be held this month are significant to Abu Dhabi as these focus on key economic sectors identified in the Abu Dhabi Plan and its Economic Vision 2030, which falls in line with ADNEC’s strategy to enhance the emirate’s position as the region’s capital for business tourism. Currently, ADNEC is hosting the 10th edition of the International Real Estate and Investment Show (IREIS) running from November 1 to 3. It provides a platform to local and regional real estate companies to showcase their latest projects and offer the best investment opportunities by gathering investors, stakeholders and visitors under one roof. Exhibitors from Egypt, Spain, Morocco, Pakistan, Cyprus, the United Kingdom and the United States have their presence at the show, seeing more than 100 real estate companies showcasing over 300 projects. The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) will be held from November 12 to 15 under the patronage of HH Sheikh Khalifa bin Zayed Al Nahyan, President, the UAE. At the event, world’s leading industry experts, policy makers and specialists will discuss the prospects of the energy sector in the country, the region and the world. Over 2,200 exhibitors from different countries will network, exchange experiences and best practices and showcase the leading technologies and business opportunities in this sector. The exhibition is supported by the Abu Dhabi National Oil Company (ADNOC), UAE Ministry of Energy and Industry, and the Abu Dhabi Chamber, and …
Read More »ADNEC launches first online interactive chatbot platform for MiCE venues in MENA
Abu Dhabi National Exhibitions Company (ADNEC) has announced the launch of an online chatbot platform ‘Jawab,’ which has been designed and developed to effectively respond directly and automatically to enquiries from exhibitors, organisers and visitors on all event-related aspects, including the diverse range of services provided by ADNEC. With this launch, ADNEC becomes the first venue within the exhibitions and conferences sector in the MENA region to launch a customer interactive machine learning chatbot, and among the top companies globally to adopt this new technology, which contributes to facilitating and accelerating the process of providing information to public and private sector customers. Humaid Matar Al Dhaheri, Group CEO, ADNEC said, “It is our constant endeavor to integrate the latest technological advancements seamlessly into our products and service offerings, as part of our mission to foster a culture of innovation and excellence, which effectively contributes to enhancing our competitiveness and capabilities to emphasise Abu Dhabi’s position as the regional capital for business tourism.”
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