The Dubai World Commerce Heart confirmed that it’s going to proceed its initiative to advertise the financial progress of the Emirate of Dubai, consistent with the Dubai Financial Agenda D33, which goals to consolidate the emirate’s place as one of many high three locations on the planet for tourism and enterprise by 2033, noting that the middle’s world management within the occasions sector is taking part in a task in enhancing Dubai’s place as a vacation spot of alternative for financial exercise and innovation.
He defined that the annual report on the evaluation of financial affect for the 12 months 2023 confirms the distinguished efficiency of the middle, by attaining a noticeable improve within the complete financial output of main occasions, which reached 18.28 billion dirhams in 2023, because of the property. of 76 exhibitions, conferences and worldwide conferences out of a complete of 301 occasions organized and held through the 12 months 2023.
The financial worth retained inside the gross home product of the Emirate in Dubai was 10.53 billion dirhams, representing 58% of the whole financial output of the actions, at a time when the exercise of the middle contributed to giving supporting 69,281 jobs and producing a household revenue of approx. 3.36 billion dirhams for households residing in Dubai.
The 76 main occasions hosted and arranged by the Dubai World Commerce Heart attracted 1.54 million members, of which 46% have been worldwide guests, representing a 53% improve in worldwide participation .
Innovation and growth
Dubai World Commerce Heart Authority Director Common Hilal Saeed Al Marri mentioned: “In fulfilling the imaginative and prescient of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, could God defend him . , the Dubai World Commerce Heart has turn out to be an emblem of innovation and financial growth, and we’re persevering with our management.” “By planning a various agenda of occasions that features all sectors, to strengthen the emirate’s place as a worldwide hub for financial exercise, in a manner that helps attaining targets of the Dubai Financial Agenda D33.”
He mentioned: “The statistics within the report (Financial Impression Evaluation 2023) present the important thing position of the occasions sector, led by the Dubai World Commerce Centre, in rising the potential of the Dubai economic system for progress, in a manner that may assist efficiency. of sustainable financial and social growth. It additionally highlights a rise in worldwide participation, and so on.
Al Marri concluded: “The middle will proceed with a robust dedication to shaping the way forward for enterprise and commerce tourism in Dubai within the coming years, and we’re dedicated to making sure that Dubai continues to guide the worldwide occasions sector.”
Robust efficiency within the sector
The rise within the variety of main occasions and worldwide participation contributed to a major improve in spending within the occasions and associated sectors, and the proportion of direct income acquired by these sectors was round 10.81 billion dirhams, whereas the sectors: accommodations, air journey and home transport, retail commerce, eating places, leisure, The 5 sectors that benefited from the exercise of the middle have been probably the most 2.96 billion dirhams for the lodge sector, a rise of 54%, whereas income achieved by the air journey and home transport sector was 2.64 billion dirhams, a rise of 20%. In flip, the retail commerce sector achieved 1.97 billion dirhams, a rise of 71%, and the restaurant sector achieved 1.71 billion dirhams, a rise of 51%, whereas the revenue of the leisure sector was 1.31 billion dirhams , a rise of 27%. on an annual foundation.
Essentially the most engaging classes
The sectors: healthcare, drugs and science, data and communication know-how, and meals, accommodations and hospitality, have been the three greatest sectors in attracting companions and gaining added worth within the Dubai economic system, as they mixed to attain 59% of the whole. worth added to the economic system of Dubai at roughly 6.27 billion dirhams, and attracted 49% of the whole worth added to the economic system of Dubai Members in main occasions took a complete of 747,468, together with 430,122 worldwide guests, representing 60%.
Data know-how occasions attracted 259,837 members, attaining a complete added worth of two.22 billion dirhams, whereas 261,348 members participated in healthcare, drugs and science occasions, attaining a complete added worth of two.17 billion dirhams. By way of meals, lodge and hospitality occasions, they attracted 226,283 members, acquiring a complete added worth of roughly 1.87 billion dirhams.
Hilal Saeed al Marri:
Dubai World Commerce will proceed with a robust dedication to shaping the way forward for enterprise and commerce tourism in Dubai within the years to come back.
Huge occasions… worthwhile returns
The share of spending achieved by main occasions (which attracted greater than 2,000 members) inside the occasions sector amounted to roughly 2.33 billion dirhams, which contributed to producing roughly eight occasions the this worth within the complete financial output of one of many organizers or members In one among its actions, the middle created eight occasions its worth within the economic system of Dubai generally.
The revenue derived from the actions of the middle, resembling “GITEX World” and “Gulfood”, amounted to 7.22 billion dirhams of the whole financial output, and 4.15 billion dirhams of the whole worth added to the Dubai economic system, a rise of 53 % over the 12 months 2022.
10.3 thousand dirhams common consumption
The report emphasised that Dubai’s place as a number one world occasions vacation spot, supported by the centre’s built-in occasions agenda, performed a major position in attracting file numbers of the worldwide enterprise group to Dubai. The constructive financial affect of serious worldwide involvement within the tourism sector is demonstrated by rising each day spending ranges within the native economic system, reserving longer stays in accommodations, and becoming a member of members household to members in occasions For the Emirate of Dubai, the common expenditure of worldwide members reached 10,313 dirhams per occasion, greater than six occasions greater than members inside the nation.
2024-05-21 02:50:44
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