World Map

UK

The World Tourism Network and the World Travel Market London are now partners. Small and Medium size travel companies welcome this move. World Travel Market (WTM) portfolio comprises leading travel events, online portals, and virtual platforms across four continents. The events are: WTM London, Arabian Travel Market (ATM), Arabian Travel Week, WTM Latin America, WTM Africa etc. World Tourism Network is the long-overdue voice of small and medium-size travel and tourism businesses around the world. By uniting efforts, WTN brings to the forefront the needs and aspirations of small and medium-sized businesses and their Stakeholders in currently 128 countries.

North America

Italian Exhibition Group and Deutsche Messe (Hannover) have signed a memorandum of understanding (MoU) that foresees a 50% acquisition on the part of IEG of Deutsche Messe ´ s companies in Mexico, Canada and the USA. A valuable and powerful boost not only for the internationalisation process of their respective trade show products, but also for launching new activities in the economic sectors covered by both Italian Exhibition Group and Deutsche Messe.

Africa

Hyve Group plc, international organiser of exhibitions and conferences opens office in Johannesburg.The Group, listed on the London Stock Exchange, organises over 50 trade exhibitions and conferences in 11 countries and more than 20 tech-enabled meeting programmes each year. It employs over 650 people in 12 offices worldwide. In South Africa, Hyve operates three world-class, leading industry events: Investing in African Mining Indaba, Africa Oil Week, and the newly launched Green Energy Africa Summit.

Russia

Russia and Ukraine will sign a deal to reopen Ukraine's Black Sea ports to grain exports, Turkey said, a hopeful sign that an international food crisis caused by Russia's invasion could be eased. The blockade by Russia's Black Sea fleet has reduced supplies to markets around the world and sent grain prices soaring since Russian President Vladimir Putin ordered troops into neighbouring Ukraine on February 24.

Australia

A wave of new cruise line exhibitors will drop anchor at this year’s Cruise360 Australasia Trade Show, joining a full fleet of well-known brands and global destinations at the cruise industry’s biggest event of the year, staged for the first time since 2019. Cruise Lines International Association (CLIA) will welcome 44 major exhibitors taking place at the Hyatt Regency Sydney on 25 August as part of the 2022 Cruise360 Australasia conference.

Mortgage defaults put China's political and economic stability under threat. A large number of depositors gathered in front of the Zhengzhou branch of the People’s Bank of China in the provincial capital of Henan, demanding their frozen life savings held in rural banks. A day later, tens of thousands of homeowners threatened to stop paying mortgages on scores of unfinished housing projects they had purchased. All of this happened in a week where the officials reported lacklustre second-quarter economic performance. China’s economy is facing a dangerous cocktail of stalling growth, high unemployment, spreading mortgage payment strikes and continued Covid shutdowns that threaten to explode with serious social and political consequences.

Dubai

Dubai is all set to develop the metaverse and blockchain sector and GroveToken is set to build its metaverse first under the Dubai Metaverse Strategy. Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced the launch of the Dubai Metaverse Strategy. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500 million to our national economy. The tweet further said that the objective of the metaverse strategy was to support 40,000 virtual jobs and add $4 billion to Dubai’s economy in five years.