The exhibition reflects the confidence of 176 countries in Dubai, the global capital of the business and tourism sectors
"GITEX Global 2022" achieves 2.6 billion dirhams of economic output
Part of the activities of "GITEX Global 2022".
From the source
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The Dubai World Trade Center announced that the "GITEX Global 2022" exhibition, which was organized by the center last October, achieved a record total economic output of 2.6 billion dirhams ($698 million), pointing out that the economic value retained in Dubai's economy accounted for 1.4 billion dirhams ($698 million). $437 million) of the total economic output, according to the Economic Impact Assessment Report.
"GITEX Global 2022" attracted more than 170,000 participants, 40% of whom came to the exhibition from outside the country, while expectations indicated that the 42nd session of the largest technology exhibition in the world provided 9,600 jobs, resulting in a family income of 463 million dirhams ($ 126 million). , an increase of 55% from 2019.
economical model
Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications and Chairman of the Board of Directors of the Dubai Chamber of Digital Economy, said that the UAE is proceeding in accordance with the vision and directives of the leadership towards building a more flexible and sustainable future economic model, based on empowering various vital sectors and moving them towards new horizons. New, and employing modern technology to develop new opportunities that contribute to achieving leadership for the country and enhancing its global competitiveness.
He added that the great success achieved by the exhibition contributes to strengthening Dubai's economy, consolidating its leadership and position as a preferred global destination for investment in business and technology, and achieving leadership in vital sectors, including artificial intelligence and digital transformation, the knowledge economy and the fourth industrial revolution.
Unprecedented success
For his part, Director General of the Department of Economy and Tourism in Dubai, Director General of the Dubai World Trade Center, Helal Saeed Al Marri, said that "GITEX Global" is a major contributor to the economic growth of the Emirate of Dubai, and the exhibition in its 42nd session achieved unprecedented success at all levels, to continue to do so. Enhancing the position of the Emirate of Dubai and the UAE at the forefront of pioneering future technologies.
Al-Marri added: “The Dubai World Trade Center has always been a major driver of the global meetings, incentives, conferences and exhibitions sector, especially in emphasizing the growing need to organize events to support the global economy in the post-pandemic phase, and (GITEX Global 2022) came to confirm this, reflecting the confidence of 176 countries in Dubai, a global central destination for business and tourism.
International participants
International participants in "GITEX Global 2022" accounted for 40% of the attendance, which is a great leap beyond the previous exhibition sessions, which reflects the well-established global position of the exhibition.
Half of the international participants during the current year traveled to Dubai accompanied by another person, with an average stay period of 6.4 days, while the average spending per international participant on goods and services during the exhibition period was 13 thousand dirhams, including flights, hotels, entertainment and shopping, which is five times higher What participants who are residents of the UAE spend.
Exceptional success
GRS CEO Enrico Gallorini confirmed that GITEX Global 2022 is the best mega exhibition we have ever seen in any sector.
He added: “No huge exhibition with more than 2,000 exhibitors during the past decade has been able to achieve a net promotion score equal to the net promotion achieved by (GITEX Global 2022), and this is an exceptional result because exhibitions struggle to find a balance between size and quality, and (GITEX Global) has succeeded.” 2022) exceptionally in achieving huge and distinguished numbers, and at the same time he continued to maintain quality and distinction.
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