Dubai Career Diary

In a spectacular display of economic growth, ADNEC Group has proudly announced a staggering contribution of AED 7.37 billion ($2 billion) to the UAE’s economy for the year 2023. This achievement marks a monumental 107% increase from the previous year’s AED 3.56 billion ($970 million), setting a new milestone in the group’s rich history since its inception in 2005.

Under the visionary leadership of Humaid Matar Al Dhaheri, Managing Director and CEO of ADNEC Group, this unprecedented growth underscores the group’s dedication to spearheading initiatives and seizing investment opportunities across its diverse business spectrums. The group’s strategic endeavors have not only fostered substantial economic value but have also ensured considerable benefits for stakeholders in both the public and private sectors.

2023 heralded the unveiling of ADNEC Group’s refined corporate identity, aimed at amplifying the influence of its seven core business sectors – from exhibition and conference centers to hospitality, leisure tourism, and media. The cohesion of over 30 brands under ADNEC’s banner has eloquently demonstrated the power of unity in driving forward the group’s ambitious agenda.

The group’s pursuit of excellence was further validated through the winning of 21 distinguished international awards across various domains, a testament to its leadership in the event organization and tourism sectors.

ADNEC’s state-of-the-art venues, including the Abu Dhabi National Exhibition Centre, Al Ain Convention Centre, and ExCeL London in the UK, witnessed a surge in visitor numbers and hosted events, contributing significantly to this economic boon. Notably, the number of events hosted has doubled, reaching over 476 in 2023, from 238 events in the previous year.

Moreover, ADNEC’s ventures have generated over 51,400 job opportunities in related industries, marking a substantial 145% increase from 2022. The array of international and local events hosted has not only set new records in attendances but also solidified the UAE’s position as a premier global destination for exhibitions and conventions.

ADNEC’s diversified business model extends into event management, hospitality, and food services, all contributing to its overarching success. Its affiliation with prestigious international hotels and renowned exhibitions, like the International Defence Exhibition and conference (IDEX) and the World Media Congress, further exemplify ADNEC’s pivotal role in shaping the future of the UAE’s economy and tourism landscape.

In conclusion, ADNEC Group’s unparalleled contributions in 2023 reflect a robust and forward-looking approach to nurturing the UAE’s economic and tourism sectors. Its strategic expansions and innovative solutions continue to pave the way for a prosperous future, reinforcing Abu Dhabi’s status as a global hub for business and leisure.