Dubai 2020 EXPO IMPACT
Quoting a recent report by EY, Standard Chartered Bank's SunII Kaushal says Expo 2020 Dubai is expected to contribute over $32.7 billion to the UAE economy by 2031, creating over 900,000 jobs. "Expo 2020 is expected to play a pivotal role in the contribution of the country's non-oil GDP, which the UAE central bank has forecasted to grow by 1.8 per cent this year," he said, "Expo 2020 puts the UAE on the global map and wilt serve as the ideal platform for international trade and global cooperation, further position-ing Dubai as a regional hub. For example, Dubai-based ports operator DP World has signed an agreement with a Chinese conglomerate to co-develop a new 'Traders Market' next to the Expo site in an effort to promote the movement of goods and services," said Kaushal. UAE DUBAI is home to some of the world most- visited Landmarks, attracting millions of visitors from different corners of the world. Known for its skyscrapers, the U...