Exhibition News January 2019 | Page 27

A global player Impeded by political turmoil and a lack of high-quality venue space, Egypt has historically struggled to establish itself as a global exhibition destination. However, with the opening of a new venue, this may all be set to change “E gypt has always been a big market,” Matt Denton, president of dmg::events, tells EN. “It’s always been an entry point into North Africa. With the Arab Spring there was a bit of uncertainty but now, with the new venue and a lot of shows going in there, everyone's attention is turning to it.” We’re discussing the news that dmg is opening a new office in Cairo, in addition to launching a new edition of its construction trade series The Big 5 in the city. The decision to open an office in Egypt appears to speak volumes about dmg’s confidence that the country can deliver growth and success for its events. “It looks to be an emerging and settling regional hub,” agrees Denton. “Rather than operate our shows remotely from our offices in London or the UAE we thought it was the right time to create a permanent establishment there. The new venue – the Egyptian International Exhibition Center – is a fantastic new purpose-built facility and as that was being finalised we had the opportunity to push our flagship Big 5 show. “The establishment of a new entity is quite hard, but it's always beneficial. It's easy to be an international organiser and send people to fly in but a successful event, even if it’s an international exhibition, needs to know quite a large percentage of local exhibitors. They generate a lot of the interest in the local audience.” Peter Hall, president – global exhibitions EMEA at Informa, agrees. “Egypt is typical of many markets in the Middle East and Africa; they’re quite face- to-face,” he tells EN. “Having people on the ground is important. We fly out regularly but having people on the ground to support some of those international efforts is really important.” Informa has been operating in Egypt for a number of years, and the organiser’s investment in the region doesn’t just come in the form of an office in the country, it is also actively working with the EIEC to improve overall standards. “We're trying to play our role in developing the exhibition industry in Egypt and improving standards is a big part of COVER FEATURE where we can help,” explains Hall. “We ran quite a large health and safety workshop about a month ago which lots of the operational staff from the venue attended. “Egypt’s an attractive market for us and we're quite heavily invested there. For the last four years we’ve been working hard with the venue to improve standards, because the labour standards and the fire and safety standards had been quite low. They’re improving a lot, and we needed them to improve in order to be compliant with international standards that we have.” One positive aspect of operating in Cairo, which both Hall and Denton point out, is the enthusiastic cooperation of the Egyptian government. “They're really trying to push Egypt as a hub for Africa,” says Hall. “There are a number of government-funded programmes that help us on a practical level. They help us bring in hosted buyers from across Africa. They subsidise our events and our hosted buyer programs. They genuinely are doing something about it.” Denton adds: “The government is quite keen to support organisers. If you can target real buyers in the surrounding countries they will help you fly those in so you get the right people in the room. They're keen to support international events because they do see it as broadening the appeal of the country.” The combination of the newly opened EIEC and politics largely settling in the country has also prompted interest from other international organisers, says Denton. “A lot of the local organisers there are selling or being bought up by the big internationals,” he explains. “That's happening all over the world but there's been quite a lot of interest in Egypt recently. “A lot of people have been looking over the years. The Italians were looking four or five years ago, the Germans are as well. Between us and Informa we're making very good headway and it’s an exciting part of the world.” Hall adds that, while there are still security concerns over the country from exhibitors, it’s more of a perception than a reality, and more organisers will begin to look closely at the region. I think there's going to be more competition over there in the near future and we'll see if that’s a good thing or a bad thing,” he concludes. “The more that Egypt has international activity the more it almost protects Informa’s interests. “If you're the only show in town you could end up becoming quite vulnerable if someone comes to try and take you out and steal the market. If you've got a bit more of a fragmented market then you're probably more secure.” EN exhibitionnews.co.uk | January 2019 27