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26 April 2024

Adnec contributes Dh1.32bn to Abu Dhabi economy in H1 2016

Published
By Wam

Abu Dhabi National Exhibitions Company (Adnec) today announced H1 results that demonstrate strong operating performance and continued growth.

The company registered Dh1.32 billion in direct and indirect economic impact and drew more than 812,000 visitors to its conferences and exhibitions at Abu Dhabi National Exhibition Centre and Al Ain Convention Centre in H1 2016.

With this achievement, Adnec’s total direct and indirect economic impact has reached more than Dh23 billion, while its exhibition venues have welcomed over 12.5 million visitors since establishment in 2005.

In H1 2016, Adnec hosted 34 exhibitions, and 124 conferences and events, creating more than 7,000 job opportunities in supporting sectors of business tourism. Adnec has also succeeded in winning 8 major international conference bids in H1 2016.

Noura Mohammed Al Kaabi, Chairwoman of Adnec and Minister of State for Federal National Council Affairs, said, "Adnec continues to help drive the ongoing diversification and growth of the Abu Dhabi economy, as a key catalyst for realising the Abu Dhabi Plan and Economic Vision 2030. Our impressive above-target results in terms of performance and footfall for the first six months of this year is a testament of our sustained commitment.

"Abu Dhabi is steadily and surely gaining a prominent position as a leading city for business tourism in the region. This is a result of the continuous and immeasurable support from our wise government, that focuses on innovation, leadership in social and economic sectors, and the empowerment of Emirati talent."

In addition to the gains made locally, ExCeL London also continued to develop in cooperation with its strategic partners in H1 2016 by hosting 64 exhibitions, 125 conferences and events, and drawing 1.47 million visitors to date.