Expo 2020 Dubai is set to drive business in Dubai into a new era that will see the city shift into a global leading hub of digital economy.
Tourist numbers will also see a sharp rise, with Dubai Tourism already seeing “steady growth” in visitors.
While previous world's fairs have been a window to the future, displaying innovations and inventions, many countries see Expo 2020 Dubai as an opportunity to reconnect with the world, post-pandemic.
Nestled among the bright lights of buildings of all shapes and sizes at Expo 2020 lies the Dubai Conference Centre that will be the centre for all things business at the South Dubai site.
It’s the conversations here, and among the myriad pavilions, that will make Expo “the world's largest brainstorming session”, according to Omar Khan, director of international offices at Dubai Chamber.
He said there is a lot of excitement about what the next six months will mean to the local business community.
“I really do believe that there are going to be some unexpected positive results coming. You know, when you put the best minds together, sometimes it gets very surprising effects and then it snowballs.”
Business conditions in Dubai have been improving. The economy is forecast to expand 3.1 per cent in 2021, with Expo singled out as one of the main drivers.
Dubai Chamber’s own survey this summer found that companies in the city expect business conditions to improve in the third quarter of 2021 as investor confidence grows before Expo 2020.
Dubai has seen a steady influx of visitors since it reopened to tourists in July 2020. Figures released this month revealed the emirate welcomed 2.85 million visitors in the first half of 2021, with numbers predicted to rise in the fourth quarter, boosted by both Expo 2020 Dubai and the UAE’s Golden Jubilee celebrations.
Dubai Tourism chief executive, Issam Kazim, said Expo will help reinforce Dubai’s position as an international centre for tourism, retail, events, business and finance as it continues to overcome the pandemic.
“As the host city for this milestone event, which marks a turning point for the post-pandemic world, it is noteworthy that our domestic stakeholders and international network of partners have played a pivotal role in our tourism recovery, leading to the reopening of the city, the restart of the events sector and the city safely welcoming a steady growth in visitors,” Mr Kazim said.
“Expo 2020 will help harness and build on this momentum, along with UAE’s Golden Jubilee celebrations, throughout this landmark year and beyond.”
“Dubai is now presented with a once-in-a-lifetime opportunity to showcase to a global audience its multifaceted destination propositions, its unparalleled generosity and true Arabian hospitality that makes it so unique and attractive for people from all over the world,” he added.
Source: Expo 2020 to be 'largest brainstorming session' for businesses (thenationalnews.com)