UAE A Safe & Stable Business Haven, Global Mice Event Told
The UAE enjoys a safe business and political climate, and has become the centre of attention for investors and businessmen in the wake of political disturbances in the Middle East and North Africa.
Addressing a gathering of MICE industry in Las Vegas, Mr Saif Mohammed Al Midfa, Director-General of Expo Centre Sharjah, said prudent policy decisions and high oil prices have helped the UAE ride out the global financial crisis in 2008 and the aftereffects of the current slowdown in the debt crisis-hit eurozone.
Mr Midfa was speaking at the International Association of Exhibitions and Events’ (IAEE) Expo! Expo! Annual Meeting and Exhibition, which was held from December 6 to 8, 2011, in Las Vegas.
Mr Midfa told the audience that government policy to spend more helped in creating more jobs, reviving projects and boosting infrastructure facilities in the fields of transport, tourism, health, education and housing.
Presenting growth prospects of the region, Mr Midfa cited recent estimates that project overall development for the economy. The region’s GDP is expected to reach US$ 1.8 trillion in 2015 from US$1.1 trillion in 2010. The per capita income is likely to increase to US$ 38,100 from US$ 26,700 during this period. The GCC population is also expected to expand from 40.6 million in 2010 to 45.6 million in 2015, contributing to rise in demand for products and services from all industrial sectors of the economy.
“In the past, sectors used to be considered for investment, but now geographies are assessed for their stability. Because of global factors, investors are thinking about which are the more stable countries and discount for global, regional factors before committing their money. The UAE has the most politically and economically stable business climate in the region. We are also a young nation in need of expertise and investments to achieve our full potential,” Mr Midfa said.
The findings of the Changing Environment of Exhibitions Study were also released at the event. “The study explores how the exhibition industry is evolving and provides key market insights into opportunities and challenges. The findings document the current and planned use of the full array of available marketing, communications and sales tactics; positioning of B2B exhibitions in this mix; current high priority marketing and sales objectives and perceived value of using B2B exhibitions to achieve them; as well as the factors that drive the decision to exhibit or pull out of an exhibition,” said Mr Midfa, while speaking about the study.
The event attracted more than 2,200 attendees and 266 exhibitors to the Las Vegas Convention Centre, and the excellent attendance was attributed to a number of factors, including a rise in industry optimism.
IAEE’s annual conference included 11 education tracks with more than 130 speakers and 50 sessions over the three-day event. Attendees were given a wide range of topics to learn about including attendee experience development, e-Merge technology, exhibitor solutions, global business development, marketing, operations, professional development, public and consumer event solutions, sales, and specialized programming for both senior executives and young professionals.
IAEE is the largest association of the exhibitions and events industry in the world, with a membership of show organizers, exhibitors and exhibition suppliers. Organizers of more than 20,000 exhibitions and buyer-seller events around the world are members of IAEE.
Global Village Receives 1.25 Million Visitors During The First Month
Global Village, the largest outdoor family entertainment venue in the region and member of Tecom Investments, has announced receiving 1.25 million visitors since the opening on 1st November till now.
Last Thursday and Friday, Global Village received 200,000 visitors, especially in light with the 40th UAE National Day celebrations. Furthermore, Khalifat Zayed show has attracted many visitors and received high praise from all audience.
This turnout from visitors is striking that Global Village is the most important entertainment venue in the Middle East. Therefore, Global Village is always keen on the development and modernization in all facilities. It is also the culmination of the continued success of Global Village to attract millions of visitors every year.
Global Village management prepared well last Friday, opening all gates half hour earlier than the official entry as hundreds of visitors crowded from 3:30 pm.
Parking in Global Village with capacity of 16 thousand was full from 6 pm which led Global Village management to offer number of buses to transport visitors from parking to gates and vice versa. This move came due to overcrowding from families.
Visitors spent 8 hours of fun and entertainment, roaming in various pavilions and interact with many performances. Restaurants also offer diverse cuisines cater all nationalities and tastes.
More than 30 pavilions provide a variety of goods and received overwhelming response from the audience in addition to Art and entertainment shows brought from all over the world witnessing high response from all visitors.
Global Village is keen to introduce new ways of entertainment every year. This year, Global Village prepared an array of variety shows from around the world. Dancing Fountain show and Water screen are the prominent activities as well as different events which brought for the first time ever in the region. Global cultural theatre also is another feature in this season, hosting many shows including the Argentinean Troupe show, African folk show and different concerts.
Several games were added to Fun Fair which increased space by 30%, matching all ages of from 4 years. Some of these games attract Amateur adventures.
Shows provided by difference pavilions in Global Village considered as open theatre for audience to learn more about the different cultures of the world.
Since the inauguration in 1997, Global Village has become the key entertainment and shopping destination in the region. It includes rich diverse cultures and civilizations and offers a diverse range of restaurants and shops from across the world. In fact, Global Village is the main entertainment, culture and family fun destination in the region
For more information about the Global Village shows and activities, please contact the call centre on 04-3624114, or visit www.globalvillage.ae and stay tuned to Global Village updates through Facebook and Twitter (GlobalVillageAE) and through the 24/7 online live streaming channel on www.watchglobalvillage.tv.
Mohammed bin Rashid attends 'Summit on the Global Agenda'
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Mohammed bin Rashid attends 'Summit on the Global Agenda' 2011-10-10 14:57:16WAM Abu Dhabi, Oct. 10th, 2011 (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai on Monday attended the opening session of the "Summit on the Global Agenda" which commenced this morning at the Yas Island in Abu Dhabi.
Also present were H.H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education and Scientific Research, Sultan bin Saeed Al Mansouri, Minister of Economy, Mohammed Omar Abdullah, Undersecretary of the Department of Economic Development in Abu Dhabi, the Former British Prime Minister Gordon Brown, in addition to a number of ministers and senior officials in the state.
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UN experts laud Abu Dhabi's success in overcoming the global financial crisis
The lecture was attended by Butti Ahmed Mohammed Bin Butti Al Qubaisi, Director General of Statistics Centre - Abu Dhabi, Rashid Al Suwaidi, Director General of the National Bureau of Statistics and a number of the members of SCAD's Advisory Committee and senior officials, besides representatives from various local departments and government bodies and a crowd of researchers and statisticians.
SCAD welcomed the lecturer, pointing out that he is one of the most prominent statistical experts in Singapore, and serves as Director of the United Nations Statistics Division. Prof. Cheung organized the first-ever World Day of Statistics, on 20/10/2010, with the active participation of more than 140 countries and 40 organizations worldwide. This occasion will be observed annually.
The Economic Crisis At the outset Prof. Cheung praised the tremendous development in the Emirate of Abu Dhabi and the emirate's success in overcoming the global financial crisis. In fact Prof. Cheung used this approach to shed light on some global issues and the way they are affected by statistics, focusing on the economic crisis and pointing out that developed countries are not equally successful in navigating their way through the crisis, while some developing nations have shown stronger indicators of success in overcoming the crisis.
Looming crises According to Professor Cheung, there are some new crises looming on the economic horizon, such as a "currency war" and the protectionist policy pursued by some states, triggering serious problems at the international level. The lecturer also touched on the strategic issue of food security, which is one of the most important problems facing humanity, adding that climate change is another potential source of international crises.
Development in the Middle East Prof. Paul Chung was especially interested in throwing light on development issues in the Middle East. He remarked that the Middle East is one of the areas least affected by the global financial crisis compared to other regions of the world, citing the region's limited ties to global markets, which keeps it at bay from a host of economic risks.
Prof. Cheung explained that there are many challenges confronting world countries in the implementation of their development policies, such as drawing appropriate plans to secure national interests in the face of globalization, as the success of every country in the managing globalization and addressing the intense competition is a major determinant for the future of that country. In this regard countries need to work on increasing efficiency and encourage innovation and creativity.
World's top financial centres In a ranking of the world financial centres, United Nations official, Prof. Paul Cheung showed that London was in the forefront, followed by New York, Hong Kong, Singapore and Tokyo.
Prof. Cheung also shed the spotlight on the key drivers of sustainable development in a turbulent world, emphasizing the need for responsive, unified and smart governments and calling for re-examination of the government role, with government intervention being seen as necessary as in risk and crisis management. He also stressed the need to enhance the resilience of the domestic economy, nurture new economic engines and build strong institutions and infrastructures.
According to Prof. Cheung, this requires building an effective national information and official statistics system as key strategic driver of competitiveness. It is also important to ensure that data are aggregated and analyzed for quick decision support, which in turn requires the "one government" paradigm.
The role of official statistics Prof. Cheung stressed to the role of official statistics as the source of strategic information for decision-making and an aid in rapid assessment of sectoral performance, forecasting and early warning, monitoring of risks and vulnerabilities, including the risks and contingencies associated with computers.
The credibility of statistics bureaus Prof. Cheung for professional further added that credibility of centres require the availability of certain basic criteria, such as independence, trustworthiness, accountability and transparency and statistical soundness and accessibility, stressing the need for an institutional framework for the collection and dissemination of data, in addition to the coordination of statistical activities in the country to minimize duplication in the collection of statistics.
Modern techniques Professor Cheung discussed some of the latest methods of collecting statistical data, which include Internet based surveys and database updating and data capture imaging techniques. He emphasized the role of information technology in bringing about the aspired development in data collection and analysis through a high level system for the management, storage and integration of information with maps and geographic platforms.
Prof. Cheung reviewed the key and latest approaches in the areas of economic and social statistics as applied to the world population census programme in 2010, as well as to the consumer price index and household surveys.
Measure of welfare Prof. Cheung pointed out that the GDP is not a sufficient indicator of as a measure of economic well-being, adding that the United Nations looks prefers to look at the indicators of income and consumption rather than production in measuring the levels of well-being. The lecturer also drew attention to the need to distinguish between the current assessment of well-being and the assessment of its sustainability.
Prof. Cheung concluded the lecture with a discussion of environmental statistics and the most important global environmental issues such as the strong impacts of climate change, with a focus on the challenges facing statistical work in the first half of the 21st century, the daunting efforts needed to cope with rapid developments of the modern era and the need to act proactively, taking advantage of electronic analysis and classification capabilities.
Finally, the lecturer answered questions from the audience and praised the efforts and achievements of Statistics Centre - Abu Dhabi in the service of all sectors of development in the emirate, adding that the centre has made substantial achievements recently. According to Prof. Cheung SCAD plan is ambitious and achievable if the Centre progresses at the same pace.
Cooperation with the United Nations In conclusion Butti Ahmed Mohammed Bin Butti Al Qubaisi, Director General of Statistics Centre - Abu Dhabi, thanked Prof. Paul Cheung for the valuable lecture, re-iterating the Centre desire for continued cooperation with the United Nations Statistics Division (UNSD), praising the UNSD's role of the Division in supporting the development of the global statistical system, setting of international statistical standards, dissemination of statistical data and provision of technical advice to member countries on the development of national statistical systems, plus a range of other important activities.
Al Qubaisi also indicated that SCAD will continue to organize similar lectures in the context of the Centre's initiative for the promotion statistical awareness.
He remarked that the lecture highlighted the importance of official statistics as a source of government data, emphasizing their role in nurturing the culture of excellence among individuals and organizations alike, by highlighting the challenges that hinder development. including the need to maintain a high degree of appropriateness of policies to the actual needs in the area of official statistics, and the introduction of new methods of data collection method and the official statistics, using advanced techniques to improve the quality and efficiency of statistical production and dissemination, with the importance of analyzing the data.
Statistics Centre - Abu Dhabi had begun a series of lectures last February with a lecture on "official statistics", by Professor Brian Pink Chief Statistician of the government of Australia and Director of the Australian Bureau of Statistics, who presented the lecture during an official visit to Statistics Centre - Abu Dhabi.
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