
Big-ticket events set the stage for tourism growth in the Middle East
In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029, growing at a CAGR of 3.94%. Panel hosted by TravTalk ME with San Jeet, CEO, DDP Publications moderating the session shared, following the global success of mega-events such as the FIFA World Cup Qatar 2022 and Expo 2020 Dubai, momentum is building across the region as Saudi Arabia prepares to host the 2034 World Cup. Discussing the evolution and impact of these events, panellists including H.E. Khalid Jassim Al Midfa, Chairman, Sharjah Commerce and Tourism Development Authority; Sebastien Doussin, Senior Vice President – Global Travel Services & Destination Management. dnata and Noor Ahmad Hamid, CEO, Pacific Asia Travel Association (PATA), shared fascinating insights at ATM 2025, where the events industry was under the spotlight. 'Big-ticket' events are playing a pivotal role in driving international tourism and accelerating economic growth, according to experts speaking recently at Arabian Travel Market (ATM) 2025.
The panel addressed how big-ticket events – so-called for their high value, cost and impact – have demonstrated their ability to attract millions of international visitors, boost hotel occupancy, stimulate infrastructure growth and generate long-term brand positioning for host destinations. Highlighting the importance of understanding the long-term strategic value of big-ticket events beyond immediate sales, H.E. Khalid Jassim Al Midfa commented: 'Big-ticket events provide a destination with an opportunity to establish brand positioning and exposure in a competitive global environment. These events play a vital role in supporting broader government objectives, but it is essential to invest in the right product for your destination.'
Doussin reaffirmed the importance of large-scale events in destination positioning, referencing the growth of the Abu Dhabi Grand Prix, the surge of international golfing tournaments throughout the UAE and the launch of NBA events in the capital.
Commenting on the impact of technology on events, Doussin said: 'Technology has already changed big-ticket events, especially in terms of distribution and customer experience. All of the ticketing for the FIFA World Cup in Qatar was completely digital through the official event app, offering flexibility and ease of use. Ultimately, technology enables an event to become more seamless, easier and enjoyable.'
Meanwhile, Hamid urged the industry to broaden the definition of big-ticket events to include exhibitions, conferences and cultural performances. He referenced Bangkok's weekly concerts, which are mainly K-pop driven, as examples of how live entertainment extends tourist stays.
Supporting the panel's observations, the ATM Travel Trends report highlights the rising appeal of live entertainment and sports in influencing travel decisions. Leisure events were outlined as the top opportunity for tourism growth among 50% of industry experts, as consumer demand for in-person and cultural experiences has increased significantly in recent years.
The trend of combining traditional leisure and business travel, or 'bleisure', has also accelerated as increased remote working and flexible working visas have enabled more people to live and work overseas. Building on this, business travellers are often extending their stays in destinations, creating a new opportunity in this rapidly expanding sector.
The report also highlighted that business events (MICE) are emerging as a significant driver of tourism growth across the Middle East, complementing the region's thriving leisure sector. Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030. The Middle East is well-positioned to capture a growing share of this lucrative market, increasing from approximately 2.5% in 2024 to over 3% by the end of the decade, supported by world-class infrastructure, a strategic location, and an expanding schedule of high-profile events.
Danielle Curtis, Exhibition Director ME, Arabian Travel Market, concluded: 'As big-ticket events continue to gain global prominence, their role in shaping the future of tourism, driving economic diversification and enhancing international reputation has never been more evident. The Middle East, with its strategic vision, world-class infrastructure and focus on innovation, is well-positioned to lead the next era of global event tourism.'
Building on the success of its inaugural edition, IBTM@ATM will return to ATM 2026, which takes place at the Dubai World Trade Centre from 4-7 May 2026, with a dedicated zone within Hall 3, highlighting the show's strategic focus on the global business events sector.
Designed to facilitate high-value connections, the zone allows business event suppliers to showcase, promote their destinations and services, and engage with pre-qualified international event planners, Professional Conference Organisers (PCOs), and associations through an exclusive hosted buyer programme.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
an hour ago
- Zawya
Fifth Avenue Financial celebrates third consecutive year as a Best Place to Work and first year as a Best Place to Work for Women in 2025
NEW YORK, US - Media OutReach Newswire - 20 August 2025 - Fifth Avenue Financial (FAF) is proud to announce its recertification as one of the Best Places to Work for the third consecutive year, as well as its inaugural recognition as a Best Place to Work for Women in 2025. These prestigious honors underscore the firm's ongoing commitment to fostering an inclusive, supportive, and empowering workplace culture. In a statement from Scott Greenfield, CEO, he shared his thoughts on the achievement:"Being recertified as one of the Best Places to Work — and earning special recognition as one of the Best Places for Women — reflects the culture we've built together. We believe that when people feel valued, supported, and inspired, they can achieve extraordinary things for our clients and for each other." Christina Mantzaris, CFO-COO, said:"This recognition means a lot to us because it's about our people. We've worked hard to build a place where everyone feels respected, supported, and able to grow. Knowing that women in our firm feel they can truly thrive here is especially meaningful." FAF continues to prioritize employee well-being and professional development, ensuring that all team members have the resources and encouragement needed to excel. The Best Places to Work certifications validate the firm's dedication to cultivating a workplace where diversity, equity, and inclusion are at the core of its values. The Best Places to Work certification is a global recognition awarded to companies that excel in creating exceptional workplace cultures where employees feel engaged, valued, and motivated. The certification process combines anonymous employee surveys with an in-depth HR assessment to evaluate both the employee experience and the organization's HR practices. Companies that meet the program's rigorous standards are certified for one year, benefiting from enhanced employer brand credibility, valuable benchmarking insights, and international visibility as a trusted and attractive workplace. For more information, about Fifth Avenue Financial visit: For more information about the certification program, please visit LinkedIn: Twitter: Facebook: Hashtag: #BestPlacestoWork The issuer is solely responsible for the content of this announcement. Best Places To Work


Zawya
an hour ago
- Zawya
UAE group invests in $100mln funding round for US nuclear tech company
CE-Ventures, the corporate venture capital platform of Crescent Enterprises, has announced its participation in the $100 million Series B funding round for leading US nuclear technology company Aalo Atomics. Aalo's fundraise was led by Valor Equity Partners with participation from CE-Ventures alongside Fine Structure Ventures, Hitachi Ventures, Crosscut Ventures and others. Aalo has experienced significant momentum since its incorporation in 2022 and was recently selected by the US Department of Energy (DOE) for fast-tracked testing of its advanced nuclear technology. The successful completion of its Series B funding will support Aalo in building its first nuclear power plant for which it is aiming to reach zero-power criticality by July 2026, an important step towards demonstrating how their mass-manufactured modular reactors can provide the most effective solution to powering AI data centres. This process of expedited technology demonstration is set to significantly de-risk and accelerate commercial readiness as the US looks to advance next-generation nuclear and meet the rising energy demands of the AI era. Sudarshan Pareek, Senior Vice President at CE-Ventures, said: "We are at a pivotal moment for advanced nuclear technology, and we view Aalo Atomics as a true leader in this new atomic age." "The surge in AI adoption is driving unprecedented demand for reliable energy, and nuclear power can play a crucial role in meeting this demand with clean, scalable solutions. At CE-Ventures, we take pride in our long-standing track record of investing in pioneering companies. With this latest capital deployment, we are strengthening our position as a global partner of choice for entrepreneurs building frontier technologies," he stated. CE-Ventures has built a diverse global portfolio of strategic investments in early- to late-stage high-growth companies and select venture funds, including long-standing positions in frontier technologies such as AI and its ecosystem infrastructure. Its parent entities - Crescent Enterprises and Crescent Group - have a strong legacy of unlocking impactful capital and championing responsible growth opportunities across technology, energy, and UAE-US infrastructure. Matt Loszak, CEO, Aalo Atomics said: "We are beyond excited to announce Aalo's $100 million Series B. We now have the capital to build our first nuclear power plant, the Aalo-X, which we're aiming to turn on next summer. This could be the first advanced nuclear power plant to achieve criticality in the US in decades." "The Aalo team is extremely grateful to all of our backers for giving us this once-in-a-generation opportunity to help nuclear energy fulfil its potential," he added. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (


Zawya
3 hours ago
- Zawya
South Africa: MTN faces new US investigation into Afghanistan conduct
South African mobile network operator MTN Group is facing an investigation by a US Department of Justice grand jury into its conduct and that of its former subsidiary in Afghanistan and an Iranian cellphone carrier it partly owns, the company said. The news and a slight downward revision of its medium-term service revenue outlook for its domestic market sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit following a loss a year earlier. Group CEO Ralph Mupita told reporters that Africa's biggest telecoms operator had been informed by its external US counsel of the DOJ grand jury investigation, adding that it was cooperating and voluntarily responding to requests for information. Mupita declined further comment on the case MTN faces other ongoing legal cases in the United States filed on behalf of American service members and civilians who were injured or killed in Iraq and Afghanistan between 2005 and 2010 who accuse it of violating the US Anti-Terrorism Act. "The plaintiffs' complaints allege that MTN supported anti-American militias in Iraq and Afghanistan through its participation in Irancell," the company said in a statement. MTN owns 49% of Irancell. "Jurisdictional discovery in the cases, ordered in July 2023, has now closed and the plaintiffs filed an amended complaint on 6 August 2025," the company said. "The amended complaint now includes additional claims against MTN, which are similar to those asserted in the three other pending ATA (US Anti-Terrorism Act) cases in which MTN is involved. MTN will file a Motion to Dismiss the amended complaint." MTN shares fell as much as 9% before closing down 8.4%. "(The) shares have done very well coming into these (half-year) results so part of the selloff could also be profit-taking by short-term investors, given the US investigations could be an overhang," said Peter Takaendesa, chief investment officer at Mergence Investment Managers. MTN is also facing challenges in growing service revenue in its home market due to pricing pressures, intense competition and weak consumer spending. Based on assumptions regarding market conditions and outlook in South Africa, it revised its medium-term guidance for service revenue growth in South Africa to low to mid-single digits from mid-single digits. It reported headline earnings per share of 645 cents in the six months to 30 June, compared to a headline loss of 256 cents a year earlier, as macroeconomic conditions, inflation and foreign exchange rates in Nigeria and Ghana showed improved stability. Group service revenue grew by 23.2% to R105.1bn ($5.97bn) as data and fintech revenues increased by 36.5% and 37.3%, respectively. ($1 = R17.6063)