Monday, April 22, 2024
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Monday, April 22, 2024
Today's News

Abu Dhabi starts fund to boost business tourism in the emirate

Abu Dhabi starts fund to boost business tourism in the emirate

It will certainly supply additional economic incentives as well as assistance to business conference organizers

Abu Dhabi has actually released a brand-new fund aimed at further increasing corporate occasions and also reward travel in the emirate, as the UAE capital looks for to expand organisation tourism.

The fund will certainly leverage public-private partnerships to increase business-to-business events, offering financial support and motivations to occasion organisers, firms as well as business to organize their meetings in the emirate, the Abu Dhabi Media Workplace said in a declaration on Monday.

Abu Dhabi Convention and also Exhibition Bureau (ADCEB), part of the Division of Society as well as Tourist– Abu Dhabi (DCT Abu Dhabi), authorized a first agreement with Adnec Team, proprietor and also operator of Abu Dhabi National Event Centre, to collectively develop the fund.

The collaboration is “a remarkable action in further strengthening our setting as a leading international location for service events of all kinds”, stated Saleh Al Geziry, supervisor general of the tourist field at DCT Abu Dhabi.

” With each other we can produce the best destination package that showcases the most effective of the emirate as well as brings in ever before majorities of large and prominent events to Abu Dhabi.”

The emirate has actually boosted efforts to draw in global business occasions that collect leading financiers, business owners, policymakers, firm executives and also start-ups.

Abu Dhabi will host the Annual Financial investment Satisfying next month as it focuses on bring in more international direct investment and also diversifying its economic situation far from oil. It will likewise organize the UN Meeting on Trade and Advancement’s 8th World Financial investment Online forum in October.

Abu Dhabi’s conferences, rewards, conventions and exhibitions (Computer mice) industry is “expanding extremely quickly” on the back of government plans, as well as the schedule of great facilities for organizing company events, Mubarak Al Shamsi, director of ADCEB at DCT Abu Dhabi, told The National in September in 2014.

“We have a 10-year technique that focuses on growing and also placing Abu Dhabi as a Computer mice worldwide hub,” he claimed at the time.

The brand-new joint fund is aimed at organisers of worldwide company conferences as well as occasions that are interested in holding their events at Adnec.

“This comes as part of our efforts to strengthen the business tourism in Abu Dhabi and the UAE, and also attract even more business to pick Abu Dhabi as an excellent location for organizing any conferences, seminars, exhibits, or events,” Humaid Al Dhaheri, managing director and team president of Adnec Group, stated.

For events planned between May 1, 2023 and also December 31, 2024, candidates can submit their query or ask for proposal to either ADCEB or Adnec Team for qualification of assistance towards their events with the joint fund, according to the statement.

ADCEB’s existing initiatives that target the development of the Mice field include the Benefit Abu Dhabi Conferences & Incentives 2.0, an upgraded program that stimulates Mice tasks in the region.

“The ADCEB and also Adnec Team joint fund is an included device for worldwide and also domestic companies to promote Abu Dhabi and also fills a space in Advantage Abu Dhabi’s support for groups of over 500 delegates,” the declaration stated.

Passenger website traffic across Abu Dhabi’s 5 flight terminals surpassed annual projections and also tripled in 2022 from the previous year, amidst a broad healing in leisure as well as business traveling from the coronavirus pandemic.

A total of 15.9 million guests utilized Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma Island and also Sir Bani Yas Island airports in 2015, up 202 percent from the 5.26 million passengers in 2021, according to Abu Dhabi Airports.

“We are working in the direction of preparedness to fit also better guest website traffic in 2023, which, we anticipate, as greater varieties of global visitors pertain to the UAE for crucial events, including the coming Cop28 [climate meeting],” Jamal Al Dhaheri, handling director as well as president of Abu Dhabi Airports, stated in February.

Last Updated: 04 April 2023

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