Dubai Airshow to Take Place under Capacity Restrictions, Organizer Says

The Dubai Airshow will be held under capacity restrictions in November due to the coronavirus pandemic, its organizer said. (Reuters file photo)
The Dubai Airshow will be held under capacity restrictions in November due to the coronavirus pandemic, its organizer said. (Reuters file photo)
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Dubai Airshow to Take Place under Capacity Restrictions, Organizer Says

The Dubai Airshow will be held under capacity restrictions in November due to the coronavirus pandemic, its organizer said. (Reuters file photo)
The Dubai Airshow will be held under capacity restrictions in November due to the coronavirus pandemic, its organizer said. (Reuters file photo)

The Dubai Airshow, this year’s biggest aerospace trade show and a spectacle for business deals worth billions of dollars, will be held under capacity restrictions in November due to the coronavirus pandemic, its organizer said.

Even though few deals are expected as the industry seeks to preserve cash, the show is seen as a psychological boost for airlines and planemakers to reset an industry battered by the health crisis.

The Dubai Airshow, scheduled for Nov. 14-18, will be the largest aerospace trade event to be held since the pandemic forced the cancellation of European shows Farnborough and Le Bourget in 2020 and 2021, respectively.

It is a magnet for tens of thousands of visitors including planemakers, their suppliers, airlines, arms firms and military officials from around the world. Over the years it became a key industry summit as state carriers like host Emirates reshaped international travel through their Gulf hubs.

Timothy Hawes, managing director of organizer Tarsus F&E, said the number of exhibitors who had signed up for this year’s show was so far the same as when it was last held in 2019.

“We are confident as we stand at the moment that the interest is there,” Hawes told Reuters in an online interview.

The five-day show in 2019 welcomed over 84,000 visitors and 1,200 exhibitors, according to the organizer.

Exhibition stands are to be spread further apart from each other this year than in previous shows to maintain distancing between attendees, Hawes said.

Stands and the show as a whole will also have limits on how many visitors can be in attendance at any single moment, he said. However, those limits fall within previous attendance levels.

Wearing of masks is expected to be compulsory.

“We are very much ready to showcase and bring people together again. It’s been a long time of people (not) meeting face-to-face,” Hawes said.

A decision had yet to be made on whether attendance would be limited to those vaccinated against the novel coronavirus or those who had recently tested negative for CVOID-19, he said.

“We expect that as it stands there is an opportunity to run a show without it looking too different to previous years.”

The show will also feature Israeli companies after the UAE and Israel last year established ties which has since led to a number of business deals including in the aerospace sector.

The UAE, with a population of about 9 million people, has one of the world’s highest rates of COVID-19 vaccinations. It is currently reporting around 2,000 new infections each day, down from a peak of almost 4,000 in February.



Saudi Arabia, Djibouti Sign Agreement to Promote, Safeguard Investments

The event is being held under the patronage of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
The event is being held under the patronage of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
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Saudi Arabia, Djibouti Sign Agreement to Promote, Safeguard Investments

The event is being held under the patronage of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA
The event is being held under the patronage of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud - SPA

Saudi Arabia and Djibouti have signed an agreement to encourage and protect mutual investments, marking a significant step in enhancing economic cooperation between the two nations.
The agreement was signed by Saudi Minister of Investment Khalid Al-Falih and Djiboutian Secretary in Charge of Investment and Development of the Private Sector Safia Mohamed Ali Gadileh during the 28th World Investment Conference in Riyadh, SPA reported.

The event is being held under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister.
Both officials praised the agreement, emphasizing its importance in fostering collaboration between the private and government sectors of both countries. They highlighted the agreement’s role in supporting the ambitious investment initiatives currently being pursued by the Kingdom and Djibouti.
The agreement is designed to create a secure and attractive investment environment by offering key advantages such as investment protection, national treatment, fair and equitable treatment, transparency, and access to national courts or international arbitration for dispute resolution.
By ensuring these safeguards, the agreement aims to increase the volume of mutual investments across various sectors and strengthen economic ties between the two nations.