Add MEEF to my Favorites

Main Page

About Us





Contact Us








Projects Archive



Site Stats

Submit Release

AmerCable Incorporated

MEEF - Middle East Engineering Projects News & Releases - previous page

Go to  July | August | September | OctoberNovember |December | January Projects News

Mid-East leisure: A $10b business

The amusement, leisure and entertainment industry in the Middle East is estimated to be worth more than ten billion dollars, according to regional exhibitions organiser International Expo Consultants. This figure strips out land and construction costs, it added.

IEC, the exhibitions arm of Dubai-based group Falak Holding, said that the construction boom across the region was one of the main drivers for this industry. And the UAE has emerged as the regional hub for the recreation industry, IEC said. As of June 2005, the UAE topped the list of GCC countries in real estate projects under construction. Many of these projects are mixed-use developments and bank

heavily on entertainment and leisure elements. No wonder then, that experts forecast a 27 per cent growth every year over the next few years for this industry. “The Pan-Arab amusement and entertainment market is developing at an unprecedented pace with mega projects like the three-billion -dollar Attractions and Experience World – part of Dubailand; the Durrat al-Arus in Saudi Arabia – the third-largest recreational city in the world; Iceberg Towers in Bahrain, besides other recreational projects in Oman, Qatar, Jordan, Kuwait and Lebanon,” said Abdul Rehman Falaknaz, president, IEC, as he announced details of an upcoming industry exhibition, the Dubai Entertainment, Amusement and Leisure Show.

The show, the region’s largest trade event for the industry, will take place on April 22-24 at the Dubai International Exhibition Centre.



Advertise | Articles | Bulletin | Contacts | CyberShow  | Events | Jobs | Home | Projects  | Sitemap | Stats


Copyright © 2006 Middle East Economic Engineering Forum | RAK Free Zone | UAE | Tel/Fax: +971 50 374 0617 All rights reserved..


This site is best viewed using Internet Explorer 4 or higher

Website Created: Mar. 7th. 06  - Add MEEF to my Favorites