Source prnewswire
Dubai World Trade Centre Drives Impact as Economic Output Surges to US$4.98 Billion in 2023, up 40% YoY
The impact of the events and exhibitions industry on the economy of the city of Dubai has once again been demonstrated by the attendance of 1.54 million at 301 large-scale events hosted by the World Trade Centre.The total economic output of the 76 large-scale events that were included in the EIA Report increased by 40%, reaching US$4.98 billion, with high returns for adjacent industries such as Travel.The total economic output of the 76 large-scale events that were included in the EIA Report increased by 40%, reaching US$4.98 billion, with high returns for adjacent industries such as Travel.The large-scale events generated a US$2.87 billion Gross Value Added (GVA) to Dubai's GDP, retaining an impressive 58% of the total economic output locally.69,281 jobs were supported by events hosted at the DWTC, generating US$915 million in disposable household income for the city's residents.The director general of the authority said that the city's stature as a leading global business hub is reinforced by sector diversification.The top contributors to the GVA were healthcare, medical, and scientific; IT; and food, hotel, and Catering.The direct revenue generated through expenditure was nearly US$2.94 billion.There is a photo of the World Trade Centre.The Dubai World Trade Centre is a source of information.The world's leading cybersecurity experts will meet at GITEX GLOBAL 2023 to address the urgent challenges of cybercrime.The grand opérateur de la région MENASA is essentiel.
No Comments