Covid-19 impact: Events companies in Dubai lose up to Dhs5.5bn worth of business

Covid-19 impact: Events companies in Dubai lose up to Dhs5.5bn worth of business

The closure of the events industry due to the Covid-19 pandemic has affected thousands of companies in Dubai, a survey by International Live Events Association (ILEA)'s crisis committee has found.

The study, which conducted a poll of between 200-300 companies in Dubai, found that in total, business lost due to the pandemic amounted to between Dhs2.8bn and Dhs5.5bn, revealed Harmeek Singh, the committee's spokesperson.

In total, he estimates that more than 2,000 companies working directly within the events industry have been affected, in addition to related businesses such as wedding and tour operators as well as hundreds of freelancers.

The impact on jobs in the sector has also been significant, since on average, a single event supports over 440 jobs - ranging from truck drivers at the venue to inventory managers and