Global Exhibitions Day (GED) is marked 6 June as a strategic global event aimed at highlighting the significant contributions made by the MICE sector worldwide.
Abu Dhabi National Exhibitions Company (ADNEC) was one of the main supporters of the GED initiative, which began in 2016 and is now supported by 40 exhibition industry associations and coordinated by UFI, the Global Association of the exhibition industry.
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% in the next five years and reaching US$1.24bn 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, which aims to highlight the importance of the MICE industry for world economies.
“With over 260m visitors and 4.4m exhibitors generating 98bn euros in revenues every year, the MICE industry contributes significantly to the GDP of every country in the world. ADNEC has great pleasure in being a part of this industry.
“Our two key venues – the Abu Dhabi National Exhibition Centre and the Al Ain Convention Centre – together generate AED 3.89 bn (US$1.06bn) 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. 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. The ADNEC Group positions itself as a strong ‘globally connected’ business, where it aligns in values and global achievements, despite being separated by cultures and continents,” he added.