Money and business

8.5 billion dirhams the value of the group contribution "Danik" In the national economy during 2024

Abu Dhabi, March 14/ WAM/ The total contribution of the ADNEC Group in the national economy was 8.5 billion dirhams during the year 2024, bypassing the number recorded in the previous year of 7.4 billion dirhams.

This achievement reflects the growing role of the group in advancing economic growth and supporting the strategic goals of the UAE to build a diversified economy based on knowledge.

Hamid Matar Al Dhaheri, Managing Director, CEO of ADNEC Group, said that the year 2024 was a prominent station in the career of the Ednik Group, during which we witnessed exceptional achievements across all sectors of our business and these successes are the fruit of continuous support from our wise leadership that enables us to continue to contribute to enhancing the economic growth of Abu Dhabi and consolidating its global position.

He added that the results of the year 2024 reflect the commitment of the established ADNEC Group to provide a great value to the shareholders and partners in the government and private sectors, as well as the dedication of the work team in innovation, sustainability and excellence, and while we look to the future, we continue to focus on achieving a positive impact locally and globally, in line with the UAE vision for sustainable economic development.

The year 2024 witnessed the displacement of ADNEC Group successfully on “Royal Cattering” and the London Business Center, which expanded its portfolio to four global facilities, and strengthened its presence in international markets. This achievement confirms the group’s commitment to developing competencies and providing distinguished performance across all its business sectors.

The ADNEC Group maintained its focus on sustainability by winning the Sheikh Hamdan bin Zayed Environmental Award, and the ADNEC Abu Dhabi Center became the first activities in the Middle East, which works with clean energy, which constitutes a new standard for environmental leadership in the region.

The group launched the “Terra Tale” product, an innovative product for sustainable floors made of exhibition waste, which reflects its commitment to enhancing sustainability in the event industry.

The ADNEC Group’s facilities, which include the ADINEC Abu Dhabi Center, the ADIC Al Ain Center, and Excel London, hosted more than 1,000 activities during the year 2024, with a record presence exceeding 5.4 million visitors, which is the highest number in the history of the group.

Among the outstanding achievements in the last world, the completion of the expansion of the London Excel Center, raising its total area to 270,000 square meters.

The Denik Abu Dhabi Center hosted the largest and most prominent copies of the main events such as the Abu Dhabi International Boat Fair, the World Food Week, and the Abu Dhabi International Fidth and Equestrian Exhibition.

For its part, “Capital Events Company” continued the armoring arm of the ADNEC Group, to achieve distinguished results, as deals worth 10 billion dirhams were concluded during the exhibitions that organize it, which enhances its leadership in the events management sector.

The ADNEC Group Hotels received a record of the guests of 1,531,000 inmates, while Capital guestly provided 40 million meals in 45 locations, along with the management of 2,200 events, including the largest group breakfast that the group hosted for 8,000 guests. “Capital 360 for events experiences” achieved a successful year, driven by regional expansion and winning major projects, including projects in the Kingdom of Saudi Arabia and the State of Qatar.

The “Tourism Company 365”, the tourist arm of the ADNEC Group, continued its strong performance by providing its services to 350,000 passengers, and providing 250,000 hotel nights, which represents its best performance since its foundation.

And “Tu Four 54”, one of the companies of ADNEC Group, continued to expand its services by launching two advanced studio in “Yas Cretif Hob”, as well as supporting 34 huge cinematic production in the region and the world through the “Tawasul” initiative.

The group succeeded in the successful exit from the Zain HR investment, achieving an investment of 300%.

The achievements of the ADNEC Group for 2024 embodies exceptional performance in the seven basic sectors of the group, which include facilities, events, hospitality, food, drinks, services, tourism and media, and this success was achieved thanks to the group’s efforts in innovation, expansion and sustainability.

With the entry of 2025, the ADNEC Group confirms its commitment to continuing to support Abu Dhabi’s vision of economic diversity and sustainable development, by exploring new opportunities for growth and expansion across its basic sectors, which enhances its position as one of the most prominent international groups in the sectors of events, hospitality, and tourism.

Related Articles

Back to top button