Category Archives: Events

Saudi to invest SAR6bn on MICE industry

rec

The Saudi Government is planning to invest SAR6 billion to become the leading destination for the MICE industry by 2020. It is estimated that its MICE visitors spending was 20 per cent of the total tourism revenue, recording SAR10 billion annually. This trend is expected to surge in the coming year. Riyadh Exhibitions Company offers the highest level of trade shows like the Riyadh Motor Show, the Saudi Print & Pack and Plastics & Petrochemical, Saudi Build, Saudi Agriculture, Saudi Health, which are vital to the sector.

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Thailand MICE to generate US$ 4 billion by 2022

Thailand-Destination

Thailand as a MICE destination is poised to attract more than 1.3 million MICE travellers and generate about US$ 4 billion revenue by 2022. The country is a suited destination for MICE due to its solid basic infrastructure, strategic location, developed transportation systems, international connectivity, a well-trained private sector, continual government support and sound regulations.  Thailand’s meeting industry market share was around 75 per cent for the year 2015 and is expected to continue its dominance till 2022.

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Argentina’s 1st business and investment forum

argentina

To highlight investment opportunities and attract foreign direct investment, the first edition of the Argentina Business and Investment Forum will be held in Buenos Aires from September 12-14, 2016. The event hosted by the Argentina Investment and Trade Promotion Agency, will also have a day dedicated to  innovation and entrepreneurship. The forum will have  discussions, debates, presentations on investment opportunities.

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e-visas for MICE delegates likely: Mahesh Sharma

Dr. Mahesh Sharma, Tourism and Culture Minister

In an effort to bring India on a par with the US, Germany, Spain, the UK and France, the Ministry of Home Affairs (MHA) is likely to approve e-visas for the MICE (Meetings Incentives, Conferences Exhibition) segment soon. Tourism and Culture Minister, Dr Mahesh Sharma said, “We have made a proposal to allow e-visa for the corporates from the world over, who want to hold short-term meets and conferences in India, for just the duration of the conference. The segment is a big revenue-generator since most of these people club business with sight-seeing and shopping. We are likely to get a nod soon.”

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Hyderabad TTF exhibits 20 per cent growth

HYDERABAD TTF

The  TTF (Travel & Tourism Fair), Hyderabad, held at the Hitex Exhibition Centre, provided a lot of business to the 150 stalls from 18 Indian states, Union Territories and eight countries globally. “Keeping with the positive sentiments in the tourism industry, the show is expected to grow by over 20 per cent, compared to last year,” said Sanjiv Agarwal, Chairman and CEO, Fairfest Media, the organiser of TTF.

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FIA congregates event associations

FIA expo

UKTI (UK Trade & Investment), APPG (All Party Parliamentary Groups) for Events, ILEA (International Live Events Association) and the Events Industry Alliance conglomerated at Farnborough International Airshow (FIA) to witness the new Farnborough facility in England. The area features  a purpose-built space to cater to any kind of exhibition, conference, meeting, dinner or launch event. Spanning an area of  12,500sqm, the hall can accommodate 2,500sqm conference seats and 14 function rooms.

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Rwanda joins hands with IMC

rwanda joins hands

To enhance trade, tourism and investments into the country, the Indian Merchants’ Chamber (IMC), headquartered in Mumbai, will be collaborating with the Rwanda Development Board (RDB). This was announced at the RDB’s Meetings Planners Guide 2016, which was launched in Mumbai. Clarence Fernandes, Rwanda Development Board’s representative, said, “We are working closely with various travel bodies like the Travel Agents Federation of India (TAFI), Travel Agents Association of India (TAAI), Outbound Tour Operators Association of India (OTOAI), to showcase Rwanda’s rich tourism potential.”

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