ADNEC delivers economic impact of AED 4.9 billion

kf - Wednesday, April 1, 2020    

ADNEC delivers economic impact of AED 4.9 billion
© ADNEC

Abu Dhabi National Exhibitions Company (ADNEC), a subsidiary of ADQ, announced that the value of its direct and indirect impact on the Abu Dhabi economy in 2019 was AED 4.9 billion, an increase of 46% from 2018. This takes the total value of its contribution to the local economy since its inception in 2005 to AED 36.9 billion. ADNEC's strong 2019 results followed a 15.8% growth in the number of visitors from across the globe during 2019, which totaled 2.3 million visitors. For 2019, 496 events were hosted by Abu Dhabi National Exhibition Centre and Al Ain Convention Centre. In 2019, ADNEC venues collectively hosted 11 new exhibitions which amounted to an increase of 22.2% compared with 2018, and ADNEC hosted 60 global and local exhibitions, representing a 5.2% increase over 2018. The company supports the creation of job opportunities, which has reached 27,543 jobs in related sectors, representing a 42.36% increase. In the past year, 72% of the total workforce were Emiratis, while Emiratisation of senior management positions reached 87%. (kf)

adnecgroup.ae/EconomicImpact

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Markets | Advertorial | Abu Dhabi National Exhibitions Company | ADNEC | Results | Impact