Wednesday, September 12, 2012 - High oil prices, a growing non-oil economy and major investment in transport and power infrastructure projects are driving business travel in the Gulf region once again.
“According to analysis by the Emirates Centre for Strategic Studies and Research, GCC budgets doubled in 2011 producing a $106.7 billion budget surplus, and that was after a 19.3% increase in public spending over the previous year,” said Lois Hall, Exhibition Manager, for GIBTM, the leading platform for the incentive, business travel and meetings industry in the Middle East, which takes place at the Abu Dhabi National Exhibition Centre (ADNEC) on 25-27 March 2013.
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“According to analysis by the Emirates Centre for Strategic Studies and Research, GCC budgets doubled in 2011 producing a $106.7 billion budget surplus, and that was after a 19.3% increase in public spending over the previous year,” said Lois Hall, Exhibition Manager, for GIBTM, the leading platform for the incentive, business travel and meetings industry in the Middle East, which takes place at the Abu Dhabi National Exhibition Centre (ADNEC) on 25-27 March 2013.
Continue Reading...
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