International events organisers dmg events has opened a new office in Egypt, as part of its continued expansion into Africa.
dmg launched The Big 5 Construct Egypt in September 2018, which will soon be joined by two more confirmed events for 2019. Ports Evolution will cater for the nautical industries, while The Food & Hospitality Show Egypt will focus on the food manufacturing and catering sectors.
These events respond to opportunities emerging from a resurgent Egyptian economy. The country’s construction sector has more than 1,400 active projects with a combined estimated value of $348.2bn.
Many of these are essential to the hospitality sector, where Egypt led all African countries in hotel construction last year, thanks to the 53 new hotel projects it has underway. In the food sector total retail food sales stood at $70bn in 2015, a figure forecast to rise to $98bn by 2020.
Matt Denton, president of dmg events (pictured), commented: “With the largest population in the Arabic speaking world – 97 million people – and an economy widely forecast to be the third fastest-growing in the world over the coming decade, Egypt is an important source of growth for our business.
Establishing a permanent presence allows us to better serve our event participants. It also enables us to become experts in the local market and foster stronger partnerships with government entities and industry bodies. We have great plans for Egypt, both in the domestic market and as a regional hub. Watch this space for more announcements soon.”
The new Egypt office joins dmg events established offices in the United Arab Emirates (HQ), Saudi Arabia, South Africa, the United Kingdom, Canada and Singapore.
