ADNEC delivers economic impact of AED 3.47 bln

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ADNEC delivers economic impact of AED 3.47 bln

ADNEC delivers economic impact of AED 3.47 bln

(Abu Dhabi) – Abu Dhabi National Exhibitions Company, ADNEC, has announced that its impact on the Abu Dhabi economy in 2015 surged by 26% to AED3.47 billion from AED2.76 billion in 2014. This follows a 13% growth in the number of events hosted by Abu Dhabi National Exhibition Centre and Al Ain Convention Centre (AACC), which collectively hosted a total of 369 events in 2015.
Addressing a press conference to announce the company’s 2015 results, Humaid Matar Al Dhaheri, Acting Group CEO of Abu Dhabi National Exhibitions Company, said, “ADNEC is pleased with yet another strong annual performance. We were able to achieve these results due to our flexibility and efficiency in delivering world-class events. We maintained high growth rates thanks to the sustained efforts in improving the quality of services offered to the events community. This positively reflected on Abu Dhabi economy by delivering an economic impact of AED 3.47 billion in 2015, up from AED2.76 billion in 2014.”
He added, “In addition, we attracted a host of new events increasing the total number of events hosted by our premier venues in the Emirate of Abu Dhabi – including ADNEC and AACC – from 327 events in 2014 to 369 events in 2015, an increase of 13%. These events attracted 1.8 million visitors from across the world, up from 1.6 million visitors in 2014, representing year-on-year growth of 13%.”
Al Dhaheri also revealed that in 2015, ADNEC attracted 12 new exhibitions and witnessed a steep growth in the specialised conferences and congresses segment that posted a spectacular 110% growth. Going forward, ADNEC will leverage its world-class facilities and close synergies with its strategic partners to deliver more successful exhibitions and congresses in 2016. Towards this priority, ADNEC will redouble its efforts to develop and upgrade its facilities and pave the way for hosting more international and regional events.
(Courtesy WAM)