The largest site in the "Expo 2020 Dubai" .. and increases the capacity of the emirate's exhibition space by 45%
Dubai World Trade prepares to operate Dubai Exhibition Center
Dubai World Trade Center has played a major role in diversifying Dubai's economy.
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Maher Abdul Karim Julfar: "(Dubai World Trade) has contributed more than 200 billion dirhams to Dubai's GDP over 4 decades.
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Dubai World Trade Center revealed that it is preparing to operate the "Dubai Exhibition Center", the largest site in the "Expo 2020 Dubai", which will contribute to increasing the capacity of the indoor exhibition space in Dubai by 45%.
Dubai World Trade confirmed that it played a major role in diversifying Dubai's economy, and worked to establish a broader economic impact, consolidating the emirate's position as a global center for trade and business tourism, as it contributed more than 200 billion dirhams, as a total economic product to Dubai's GDP during the four decades. As a result of hosting about 5,000 exhibitions, conferences and various events, it attracted more than 30 million business visitors to Dubai.
The center, which was established in 1979, opens the doors of the region to the international exhibitions and conferences industry, and has become the vibrant heart of Dubai, as it continues to grow as a platform for opportunities, creativity and communication, due to its unique position as the leading center for events, exhibitions and conferences in the region.
Center preparations
Speaking about the center's preparations to celebrate the 50th year of the country, which coincides with "Expo 2020 Dubai", Maher Abdul Karim Julfar, Executive Vice President of Exhibition and Conference Halls Department at the Dubai World Trade Center, said, "The success of the UAE is a product of the vision of its leadership, and its approach to thought." Open-minded and progressive in business and commerce.
He added: "While Dubai prepares to host the world at (Expo 2020 Dubai), the Dubai World Trade Center is preparing to operate (Dubai Exhibition Center), the largest site in (Expo 2020 Dubai), which will contribute to increasing the capacity of the indoor exhibition space in Dubai by a percentage. 45%, providing new opportunities for economic growth, through expansion in the meetings, incentives, conferences and exhibitions sector.”
Julfar considered that the "Dubai Exhibition Center" represents a unique value, with its world-class exhibition spaces, and as a center for international business and trade, which will host trade fairs, meetings, conferences and international and regional business events, during the six-month "Expo 2020 Dubai" period.
He stressed that the "Dubai Exhibition Center" will enhance the infrastructure of the exhibition sector in Dubai, and its attractiveness to international companies, pointing out that the center was built with the aim of hosting major events for important companies and industries with an impact on the world.
financial contribution
Julfar revealed that the Dubai World Trade Center contributed more than 200 billion dirhams, as a total economic output to Dubai's GDP during the past four decades, as a result of hosting about 5,000 exhibitions, conferences and various events, which attracted more than 30 million business visitors to Dubai, including 12 million from international markets, which contributed to enhancing Dubai's position as a global center for entrepreneurship and creativity, a legacy that Expo 2020 Dubai will continue.
Previous Achievements
Regarding the achievements of the Dubai World Trade Center in the hospitality and exhibitions sector over the past years, Julphar stressed that the center is a global supporter of international trade, and aims to become a leading destination in the world for holding all kinds of exhibitions, conferences and major events.
He continued: "In addition to being a direct contributor to Dubai's economy, the center has always given foreign investors the opportunity to see what the emirate can offer in terms of distinguished infrastructure, a large number of fast-growing industries, in addition to significant government support, and a business-friendly regulatory environment, with great capacity access to markets with high potential, rapid population growth rates and growing needs.”
vital role
Julfar explained that "the Dubai World Trade Center has played, during the past 40 years, a major role in diversifying Dubai's economy, and at the same time worked to provide a broader economic impact, consolidating Dubai's position as a global center for trade and business tourism," noting that Dubai is currently a gateway to Dubai. Access to the rapidly growing economies of the Middle East, Asia and Africa, in addition to being a preferred destination for European companies. He stated that Dubai World Trade plays an important role in facilitating trade and development between continents, and its role extends beyond encouraging local export and import, as it is truly a regional and global center for business, and a catalyst for growth that brings the world together, and provides communication to achieve potential opportunities everywhere. At a time when all event organizers, exhibitors and visitors contribute directly and indirectly to spending across Dubai, the direct economic impact covers a range of sectors, including:Hotels, restaurants, retail, transportation, government and commercial services.
indirect effect
Julfar explained that "the indirect impact comes in the form of industries that provide raw materials, manufactured goods, and additional services to the Dubai World Trade Centre, all of which are witnessing a rise in demand for their products, as a direct result of the exhibitions and conferences that we organize and host."
He pointed out that the supply chain, which is characterized by its high purchases, such as utilities, food, goods, construction and building, has an indirect effect that doubles throughout Dubai and its industries, which drives the wheel of growth, and generates additional value in the economy, so this multiplier effect contributes to the third and final area of the impact model. Ours: the “induced effect”, which is the economic effect of the increase in household income resulting from the activities of the Dubai World Trade Center, and the effect resulting from consumption, and it appears in the increase in spending on food, consumer products, retail and entertainment, transportation, housing, finance, and other miscellaneous goods and services.
«Dubai Exhibition Center» .. Dubai World leadership in the conference sector
Maher Abdul Karim Julfar, Executive Vice President of the Exhibition and Conference Halls Department at the Dubai World Trade Center, said that the "Dubai Exhibition Center" is a world-class site, and will play a pivotal role in the future legacy of "Expo 2020 Dubai".
He continued, "There is no doubt that under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, (Expo 2020 Dubai) will be a new urban center, as part of the urban plan for Dubai 2040, and the opening of the Dubai Exhibition Center will represent an important step. In Dubai World’s leadership in the exhibitions and conferences sector, which is to enable the development of a self-sufficient entrepreneurial environment with a knowledge-based economy.”
He stressed that the Dubai Exhibition Center is a major milestone in District 2020, the mixed-use urban project, which aims to reuse 80% of Expo 2020 Dubai's buildings, which will provide sustainable economic value for Dubai.
• Hosting about 5,000 exhibitions, conferences and various events, which attracted 30 million business visitors to Dubai.
• «Dubai Exhibition Center» will enhance the infrastructure of the exhibition sector in the emirate, and its attractiveness to international companies.
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