The Special Olympics World Games 2019 generated AED957 million ($260.58 million) in revenue for the United Arab Emirates when the event was staged in March, according to a new study.
The report by consultancy firm PwC Middle East calculated the amount based on the value of all goods and services sold during the event, as well as sponsorships and partnerships deals.
Laurent Depolla the PwC Middle East Partner leading the study said: "The Special Olympics World Games in Abu Dhabi have been a unique catalyst for the inclusion of People of Determination within the UAE society as well as globally. The positive economic contribution from the event resulted from the new event delivery model demonstrated by the Local Organizing Committee".
The report said the Local Organizing Committee, which was established in 2017 to run the event, had employed 304 staff from 47 nationalities. The report also said that 90 percent of the total procurement expenditure on the games was spent with local suppliers.
The Special Olympics World Games 2019 were held in Abu Dhabi from March 14 to 21, with 7,500 athletes taking part from 190 countries.For all the latest UAE news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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