Dubai’s successful bid to host the Expo 2020 will lead to exponential growth across a wide array of business sectors, with the UAE real estate sector being the major benefactor, said an industry expert.
The Expo bid win woul
Dubai's largest property developer, Emaar Properties, on Thursday announced a joint venture project with Dubai World Central (DWC) to build hotels, malls and golf course communities close to the emirate's 2020 World Expo site.
Dubai’s stock market index climbed1.6 per cent today (November 28) to finish at 2,946 points, its highest close since October 2008, after the emirate was chosen to host World Expo 2020.
It hit an intraday high of 3,020 point
Dubai’s successful bid for World Expo 2020 will have a pronounced impact for brands in the luxury lifestyle and technology as it encapsulates this interconnectedness, said an industry expert.
“The announcement of the E
The most obvious sectors that are set to receive a boost from the Expo 2020 win are aviation, hospitality and other travel and tourism related sectors, according to a top official.
“These will likely benefit from increasing
Hosting Expo 2020 will be a catalyst for the ongoing diversification and development of Dubai’s knowledge economy, said the Group CEO of Tecom Investments, today led the world class developer and operator of business parks.
Hosting Expo 2020 will have a significant impact on the tourism industry of Dubai and the UAE, said the director general of Dubai’s Department of Tourism and Commerce Marketing (DTCM) and CEO of Dubai World Trade Centre.
Dubai’s successful bid for Expo 2020 will see initial investments aimed at the delivery of the Expo site with major spend accelerated towards transport infrastructure, retail, leisure and hospitality, said an industry expert.
Dubai's success in bidding to host the 2020 World Expo will trigger billions of dollars of investment in the emirate, analysts have predicted.
After competing against three cities, Dubai was awarded the world's fair by the
The UAE last night celebrated the selection of Dubai as the venue for the World Expo 2020 with a fireworks display in Downtown Dubai as thousands of people came out on to the street holding the national flag.
Dubai beat Russia'