UAE to host 'year's most anticipated energy event'

20/09/2010 - Dubai Investment News
Dubai property investment opportunity - The First Group
UAE to host 'year's most anticipated energy event'

Posted by Bob Brunskill

The UAE is set to host the year's most anticipated networking and exhibition event for the energy industry, its organisers have claimed.

According to dmg :: events, the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) is expected to generate more than AED4 billion in industry deals this year.

Taking place from November 1st-4th at the Abu Dhabi National Exhibition Centre, the event will bring together over 40,000 regional and international professionals, including 1,600 exhibitors from 59 countries.

In addition, dmg :: events stated that exhibitors have been particularly quick to fight for prominent placement this year, with the event totally selling out eight months in advance.

The company revealed that a survey of 1,300 local and international respondents - a majority of whom are key decision makers overseeing average mean budgets of more than $2 million - revealed that 95 per cent return for each ADIPEC event due to its high value to their companies.

Hifazat Ahmad, event director of ADIPEC, said: "With the Middle East increasingly viewed as the world's energy hub, there is tremendous demand to be a part of ADIPEC. Our latest research conclusively shows that ADIPEC is considered a 'must attend' event on the global oil and gas industry calendar."

Dubai property investment opportunity - The First Group