Dubai set to enjoy another year of bidding activity

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Dubai’s business events sector and the wider economy are set to enjoy another year of successful bidding activities led by Dubai Business Events (DBE), the official bureau of city ​​congress.

Working with public and private sector stakeholders, DBE has captured 120 events for the year 2021 and beyond.

These events, a combination of conferences, meetings and incentive travel programs, bring together nearly 70,000 thought leaders, scientists, government officials and other key experts, putting Dubai at the heart of global conversations on the recovery of the sectors. and critical professions, innovation and economy. growth.

The strong performance, achieved despite disruptions in the global trade events industry, was driven by global recognition of Dubai’s handling of the COVID-19 pandemic. Dubai has provided a viable and attractive alternative to host many events over the past 15 months and is now in the works after organizers’ initial plans elsewhere failed to materialise.

Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism, said: “Under the leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the management by the city of the pandemic and the rapid economic recovery continues to be recognized by the global business community. As well as seeing Dubai become a premier hub for businesses, associations and talent from all sectors and professions, the city is establishing itself as a premier destination for events of all sizes. “

He added: “The experience of the past two years has only underscored the importance of professional in-person events and what they can offer organisers, attendees, sponsors, exhibitors and their wider networks. We therefore continue to explore all opportunities to organize business events in Dubai and work with stakeholders in the city to provide meeting planners with a safe and impactful platform for knowledge sharing, networking and creating a lasting legacy.

Among the significant events won in 2021 was the 27th General Conference of the International Council of Museums in 2025. Dubai Business Events collaborated with ICOM Emirati Section (ICOM-EAU), Dubai Culture and Arts Authority and Dubai Municipality to win the bid for the event. .

Other key events include the BIR World Recycling Convention & Exhibition (2022), the Asian Congress of Pediatric Nephrology (2023) and the Congress of the International Society of Peritoneal Dialysis (2024).

Meanwhile, the city’s pipeline of corporate meetings and incentive travel programs also continued to grow, with the addition of the McDonald’s Russia Convention, AIA Star Convention and Oriflame Anniversary Gold Conference, all of which will take place in 2022.

The additions to the pipeline come amid growing attention to the business events sector in Dubai, highlighted by the formation of the Department of Economy and Tourism. One of the department’s top priorities is to capture 400 global economic events per year by 2025.

In 2021, Dubai Business Events maintained a robust calendar of promotional activities around the world through sales missions to key target markets, participation in major industry roadshows including IBTM World and IMEX America , and incoming study missions.

This year, DBE will lead nine trade missions across four continents, showcasing the city in traditional strongholds such as India, Europe and China and markets where it sees strong growth opportunities including Israel and Latin America. . Groups from around the world will also continue to be welcomed on study missions to explore the city, while stakeholders from all major trade shows will once again join DBE.

Meanwhile, property and real estate transactions were valued at Dhs 4.1 billion in total during the week ending January 21, 2022. The sum of transactions was 1,992.

287 plots were sold for 1.08 billion Dhs, while 1,059 apartments and villas were purchased for 2.25 billion Dhs.

The top three transactions were land at Al Hebiah Fifth sold for Dhs 190 million, followed by land sold for Dhs 45 million at Al Thanyah First, and land sold for Dhs 190 million at Al Hebiah Fifth at third place.

Al Hebiah Fifth registered the most transactions for this week with 222 sell transactions worth Dhs 627.48 million, followed by Jabal Ali First with 11 sell transactions worth Dhs 29.28 million , and Hadaeq Sheikh Mohammed Bin Rashid with 9 sale transactions worth Dhs 108 million in third place.

The top three apartment and villa transfers were an apartment sold for AED 292 million in Marsa Dubai, an apartment was second in the list sold for Dhs 235 million in Burj Khalifa, and third it was an apartment sold for AED 171 million at Palm Jumeirah.

The sum of the amount of mortgaged properties for the week was 696.14 million, the highest being land in Mankhool, mortgaged for 90 million Dhs.

60 properties were granted between first-degree relatives worth 143 million Dhs.

Laura J. Boyer