Tag Archives: DWTC

DWTC drives impact with economic output surging to AED 18.3Bn in 2023, up 40% YoY

DWTC’s 2023 Economic Impact Assessment (EIA) Annual Report underscores the company’s sustained contribution to the city’s GDP, especially highlighting the remarkable surge in Total Economic Output of AED 18.28Bn from 76 large-scale Exhibitions, International Association Conventions, and Industry Conferences (of the total 301 exhibitions and events in 2023). Notably, the Gross Value Added (GVA) to Dubai’s GDP by these large-scale events amounted to AED 10.53Bn, representing 58% of the total economic output being retained within the local economy, fostering 69,281 jobs and generating AED 3.36Bn in disposable income. DWTC’s large-scale events boost economic impact with 76 large-scale events (2,000 or more attendees), generated sales of approximately AED 2.33Bn within the MICE sector, resulting in nearly 8 times that value in economic output. This means that for every dirham invested by an organiser or attendee at a DWTC event, it generates eight times in sales value for the broader Dubai economy. The success of DWTC’s own events and exhibitions such as GITEX Global and Gulfood, which generated AED 7.22Bn in economic output and AED 4.15Bn in GVA – a 53% increase over 2022 – reflects DWTC’s unparalleled expertise in delivering world-class events that resonate with global audiences. Against the backdrop of the ambitious Dubai Economic Agenda D33 – aiming to secure the city’s status as one of the top three global destinations for business and travel by 2033, DWTC’s international leadership in the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector continues to play a pivotal role in reinforcing Dubai’s position as a powerhouse of economic activity and innovation. The 76 large-scale business events hosted, organised and delivered by DWTC attracted 1.54 million attendees, with 46% being international attendees. In absolute terms, this …

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DWTC welcomed 2.47 million participants in 2023, marking a remarkable 25% increase in visitation compared to the previous year

Dubai World Trade Centre (DWTC) welcomed 2.47 million participants in 2023, marking a remarkable 25% increase in visitation compared to the previous year. The results were driven by 301 Meetings, Incentives, Conferences and Exhibitions (MICE), business and consumer events, a notable 23% rise year-on-year. The impressive increase in visitors reflects the strength of DWTC’s diversified content-rich calendar, led by 107 Exhibitions and International Association Conventions and Industry Conferences. These events collectively attracted 1.56 million attendees, marking a substantial 33% increase compared to the previous year. Of these, over 722,000 were international attendees, representing an unprecedented 60% growth year-on-year. These industry-leading events and exhibitions saw a participation of 53,789 exhibiting companies, representing a remarkable 45% increase over last year. An unprecedented 78% of these exhibiting companies were international (41,864), further reinforcing DWTC’s ability in consistently drawing both new and repeat international participants. The surge in foreign business attendees furthers the aspirations of the D33 Agenda, to propel Dubai to be a top three global economic city by 2033. The diversity of DWTC’s robust events calendar was further reinforced with its consumer and leisure events portfolio growing last year to host a total of 35 entertainment, live, and leisure events collectively attracting over 850,000 visitors. Commenting on the outstanding results, H.E. Helal Saeed Almarri, Director General of Dubai World Trade Centre Authority, said: “DWTC’s increasingly diverse exhibitions and events portfolio, along with its allied businesses, continue to go from strength to strength. Our results underscore the robust dynamics of the emirate’s thriving economy and strategic focus on key industry sectors, reinforcing Dubai’s leading status as a global hub for knowledge, innovation and business. The past year has been shaped by extraordinary momentum …

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Dubai World Trade Centre to conclude its 2023 events calendar with strong line-up of industry-leading MICE events

Dubai World Trade Centre will be hosting over 100 events business and consumer events in the last quarter. It will include recognised meetings, exhibitions and conferences, as it gears up for what is anticipated to be one of the city’s busiest events seasons, reinforcing Dubai’s position as a global hub for business tourism with over 100 business and consumer events spanning vital sectors including technology, sustainability, food and beverage, healthcare, green economy, among others over the last quarter. Mahir Abdulkarim Julfar, Executive Vice President at DWTC, said: “DWTC plays a crucial role in furthering the emirate’s position as the global Meetings, Incentives, Conferences, and Exhibitions (MICE) capital. We are witnessing substantial growth of flagship events like GITEX Global, ArabLab+, Big 5 Global, World Radiocommunication Conference among others and are equally excited to host new events at the venue. The upcoming events season will offer an unrivalled opportunity for exhibiting companies, participants, and the business communities at large to network and collaborate, provide access to global markets, while facilitating foreign investments into the emirate and contributing to the ongoing growth of Dubai as a business tourism destination in line with Dubai’s Economic Agenda (D33)”. September opens with Plastics Recycling Show ME, Sleep Expo, ME Foam & Polyurethane Expo, Adhesives Sealants, and Bonding Expo ME from (5 – 7 September), followed by Gulf Bride Show (13 – 17 September), Frozen Musical Celebrations (16 September), Sign and Graphic Imaging ME Exhibition, Connecting Trade Worldwide (18 – 20 September), the Annual Dermatology Conference and Exhibition MEIDAM (22 – 24 September) and the Forex Exhibition (26 – 27 September). The leading platform for the laboratory and analytical industry ArabLab+ will take place between (19-21 September) …

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Dubai Association conference returns on 21st Feb 2022 at Dubai Expo site

Dubai Association Conference (DAC) will return for its third edition on 21 February 2022, with a series of events in the lead up to maximise its impact and create platforms for associations as they explore the future of the sector. The conference will once again be hosted under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. With the theme ‘Associations and the new world: Resilience & Reinvention’, the conference will take place at the new Dubai Exhibition Centre, within the Expo 2020 Dubai site and in the midst of the six-month global gathering. Ahead of the main conference, a series of three interactive online sessions will take place over the course of the rest of 2021, exploring the key themes of the event and providing an opportunity to ensure the agenda addresses the key concerns and topics delegates may wish to explore. The first of these sessions took place on 15 June. The conference is the flagship event of the Dubai Association Centre (DAC), which was established in 2014 as a joint initiative of the Dubai Chamber of Commerce and Industry, the Dubai Department of Tourism and Commerce Marketing (DTCM) and Dubai World Trade Centre (DWTC) to support and license regional and international associations in setting up an office or chapter in Dubai. DAC opened its state-of-the-art offices in One Central, DWTC in December 2019, providing a collaborative environment for registered associations. Following the conference, delegates will be offered a full-day immersive visit to Expo 2020 Dubai to experience the thematic and national pavilions, attend celebrations and events, and sample cultures and cuisine from around …

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Final preparations in place for Arabian Travel Market 2021 in-person event in Dubai

Arabian Travel Market (ATM) has reconfirmed that the 2021 edition of its annual showcase, will go-ahead in-person at the Dubai World Trade Centre (DWTC) on Sunday 16 to Wednesday 19 May, as final preparations are being put in place, in particular health and safety. In addition to Reed Exhibitions’ Global COVID-19 ‘Safety Shows’ Health & Safety strategy, ATM is working closely with the team at the Dubai World Trade Centre and with Dubai’s Department of Tourism and Commerce Marketing (DTCM) to provide a safe, touchless and seamless experience for all. The show will strictly adhere to the health and safety guidelines set by the Dubai Government and followed by venue. The team at DWTC are working hard to ensure that all events run safely and have implemented a range of measures including an enhanced cleaning regime, improved air circulation and multiple hand sanitiser stations. Commenting, Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said, “Dubai is one of the safest cities in the world to visit with a wide range of precautionary measures in place to ensure the safety of tourists at every stage and touchpoint of their travel journey, from arrival to departure. More than 9 million doses have already been administered in the UAE, which is also a major achievement. “Indeed, Dubai’s commitment to maintaining the highest standards of health and safety and its effective citywide management of the pandemic received a strong endorsement from the World Travel and Tourism Council (WTTC), which gave the city a ‘Safe Travels’ stamp,” she added. “It is imperative that we include a virtual element to Arabian Travel Week because many industry professionals from around the world, cannot attend the in-person event …

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UAE hotels averaged 51.7% occupancy in 2020

Recent hospitality industry reports and analysis published by STR and Colliers International, have revealed that hotels in the UAE have put up a sterling performance, given the challenges of operating during the pandemic last year. To support the hotel industry still further during the vaccine rollout, Arabian Travel Market (ATM), which will take place in-person at the Dubai World Trade Centre (DWTC) 16-19 May 2021, is organising a Hotel Summit on Tuesday 18th May. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said, “According to STR data, the Middle East region was a top performer globally during 2020, with an average occupancy of 45.9%. One of the best-performing countries was the UAE with an average occupancy of 51.7% and an average daily rate (ADR) of $114. Although these figures were 29.3% & 16.5% down Y-on-Y, given the challenges presented by the pandemic, it is a remarkable achievement and proves just how resilient the hotel sector is in the UAE and wider Middle East. “Furthermore, if we drill down on these figures, ADR in Fujairah and RAK actually rose last year by 7% and 1% respectively, compared with 2019 and over the New Year’s celebrations hotels in Dubai were running average occupancies of 76% with an ADR of $300. I am certain that many hoteliers in the Middle East are now preparing for a V-shaped recovery, especially with the successful rollout of the vaccine and the ensuing herd immunity,” added Curtis. “Moreover, UK Prime Minister Boris Johnson has also indicated that British nationals may be allowed to travel without any restrictions as soon as June 21st, which, given their close ties, would be a major boost for business and leisure travel …

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UAE and KSA rank as top contenders to travel abroad

Recent ‘Global Holiday Intent’ survey conducted by YouGov on behalf of Reed Travel Exhibitions, the organiser of Arabian Travel Market (ATM), has revealed that residents in the UAE and Saudi Arabia are the most likely to make an international trip in 2021. The poll, which was conducted during October and November 2020, asked recipients if they were planning to make an international trip within the next 12 months and 48% of those polled in the UAE confirmed their intent to travel, with Saudi Arabia coming in a close second with 46% of respondents confirming their intent to travel abroad in 2021. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, which will take place live at the Dubai World Trade Centre (DWTC) May 16-19, 2021, said, “This survey was conducted before the most recent announcements about COVID-19 vaccines, so in many respects this is even better news for the Middle East’s aviation sector. Nearly half of those polled, confirmed that they intended to travel in 2021 and once vaccines have been rolled out around the world, those numbers can only increase.” “In terms of outbound travel, many expatriates will be looking for a relaxing holiday or hoping to travel home to see family and friends. In terms of inbound travel, it was welcome news that almost a third of Germans polled said that they intended to travel internationally – Germany is one of largest European feeder markets to the GCC, 1.8 million overnight stays in 2018. Indeed, over 316,000 Germans visited Dubai between January and June 2019. Much of the domestic travel in Asia will no doubt be linked to Chinese New Year, which is due to take place on February …

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Dubai’s Airport Show 2020 rescheduled to October

The world’s largest annual airport industry B2B platform has been rescheduled to take place from October 26-28, 2020 at the Dubai World Trade Centre (DWTC) where it was scheduled earlier for June. The new dates reflect the aviation industry’s confidence of normalcy returning to global markets by then and the lifting of extensive travel restrictions around the world following the COVID-19 pandemic. Organised by Reed Exhibitions Middle East under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, the event is supported by Dubai Civil Aviation Authority (DCAA), Dubai Airports, Dubai Aviation Engineering Projects (DAEP) and dnata, amongst a host of global and regional aviation bodies, suppliers’ associations and working groups. His Excellency Mohammed Abdulla Ahli, Director General of Dubai Civil Aviation Authority and CEO of Dubai Air Navigation Services (dans) said, “Every industry has come to a standstill due to the unforeseen circumstances we are faced with. Our past experiences of handling crises will help us to bounce back into the aviation business, once the crisis is contained.” Airport Show is expected to attract 375 exhibiting companies and over 8,500 visitors coming from almost 100 countries. Now in its 20th edition, the event showcases the most advanced global aviation technologies and allows attendees to participate in a series of conferences, matchmaking programmes and workshops. The collocated Global Airport Leaders Forum (GALF) and women in Aviation General Assembly will host over 1,500 delegates and 100 speakers, covering the latest industry developments across 4 key themes of Air Traffic Control, Airport Security, Airport Passenger Experience and Ground Handling. Last …

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DWTC inks deal with FiveCurrents to curate live content and entertainment for destination Dubai

Dubai World Trade Center (DWTC) has signed partnership with FiveCurrents to curate spectacular live content and entertainment for destination Dubai through world class events and productions. The MoU was signed at DWTC by Khalid Al Hammadi, VP – Live Events & Experience, DWTC, and Scott Givens, President and CEO, FiveCurrents in the presence of His Excellency Helal Saeed Al Marri, Director General, Dubai World Trade Centre Authority. The partnership allows DWTC to continue to strengthen its commitment to being at the forefront of producing cutting-edge and immersive live experiences. This is also in line with the entity’s strategy of delivering ‘Destination Dubai’ with the aim of attracting tourism to the city by providing world-class events paired with integrated end-to-end services.

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DWTC’s new free zone to be up early

Dubai World Trade Centre’s One Central has completed the last phase of its commercial and retail development ahead of schedule. With the release of 742,000 square feet of Grade A office space, the commercial and retail component is now complete and brings the total completed commercial and retail space in One Central to 1.72 million square feet, complete with a four-level basement of 4,380 parking spaces. The rapid pace of development of Dubai’s newest free zone business district reaffirms DWTC’s role as a destination developer and is set to further draw international businesses to set up base in Dubai. One Central offers an inter-connected space, seamlessly integrating offices, retail, residences, hotels and a wide variety of F&B offerings to DWTC’s mega-events venue and the wider city through a world-class transportation network. The next phase for development is AccorHotels’ 25-hours Hotel Dubai One Central, scheduled to be completed by June 2020. The hotel will be making its regional debut of the German hospitality brand outside Europe, and will be the largest brand in the world with 434 rooms. The hotel will feature a mix of modern rooms and suites with an eclectic mix of arabesque design elements. Once completed, One Central development will be a new urban destination with commercial office, retail, hospitality, residential, car park and open green spaces. Hotel accommodation will range from affordable hospitality, perfect for corporate stays, to premium accommodation for the leisure traveller. Gurjit Singh, Senior Vice President — Real Estate, DWTC said, “Through place making and place management, we have created a new top-of-mind vibrant urban destination with One Central, one that offers a competitive advantage with excellent locational connectivity. It is designed to address …

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