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Sun 5 Aug 2018 05:25 PM

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Business events to contribute $136m to Dubai economy

Dubai Business Events said there were 125 successful bids to host business events in the first half of 2018

Business events to contribute $136m to Dubai economy

Business events and conventions will attract over 65,000 delegates from around the world to Dubai and have an economic impact of approximately AED 500 million ($136 million) Dubai Business Events (DBE), the city’s official convention bureau, announced on Sunday.

According to DBE, there were 125 successful bids to host business events in the first half of 2018, a 29 percent increase over the same time period last year.

“Dubai’s success in attracting an increasing number of business events is a testament to the city’s ability, across the public and private sectors, to coalesce together to position it on a global stage,” said Issam Kazim, the CEO of the Dubai Corporation for Tourism and Commerce Marketing.

Kazim added that DBE “worked closely with stakeholders to ensure the city it able to optimise its bidding opportunities, highlighting not only the tourism and events infrastructure, but also the knowledge exchange possibilities in Dubai.”

Among the event wins in H1 were the Pro-Health China Incentive (2019), World Chamber Congress (2021), International Congress for the World Confederation for Physical Therapy (2021), World Congress of Gastroenterology (2021), as well as Asia Pacific Congress of Cardiology (2023).

As part of its efforts to highlight Dubai as a potential business event destination, DBE representatives attended over 70 trade events around the world, as well as facilitated 14 site inspections for 30 clients.

“The growth in bid wins in the first half of 2018 is a strong demonstration of the positive reception globally to Dubai’s business events proposition,” said Steen Jakobsen, director of Dubai Business Events. “As we continue on our path towards further strengthening Dubai’s reputation as a premier host destination for business events, we have an exciting set of initiatives and activities planned for the remainder of the year.”

“This will include participation in key trade shows and in-market activities, as well as bringing more meetings industry professionals to the city to show them Dubai’s latest developments and capabilities,” he added.

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