![]() ![]() John Bailey, financial planner at Acuma Independent Financial Advice, said in an interview with Gulf Business : “A well-documented U$8.4 billion infrastructure spend in the region will be required to bring the emirate up to the standards required to host the event. ![]() For instance, Shanghai 2010 World Expo helped transform a heavily industrial city-centre area into a thriving cultural and commercial district.” The next World Expo is in Milan, Italy, in 2015.Īccording expo2020dubai.ae, the Expo will bring more jobs and money into the region: “World Expo is a catalyst for economic, cultural and social transformation and generates important legacies for the host city and nation. In fact, the Dubai Metro is extending a purple line that will run to the Expo site, while cable cars, a tram and more bus services are being planned. However, while it means more people to the region, transport won’t be a problem. ![]() The expo attracts millions of visitors and will stage exhibitions as well as cultural events. Past World Expos saw inventions and iconic designs including the Eiffel Tower, the telephone, ice cream and even tomato ketchup. London’s Great Exhibition in 1851 inaugurated World Expos as the hallmark events for showcasing technological wonders, international marvels and connecting the world. Today, it is still a key meeting point for the global community to share innovations and discuss issues of international importance such as the global economy and sustainable development. We answer your questions below:Īn Expo is a large international exhibition and fair. So, happens now that we have the Expo 2020. It is by the unwavering efforts of the leadership and the people of the UAE that this aspiration became reality.” The UAE’s epic win to host the world’s most prestigious fair adds to our joy of celebrating the 42nd National Day of our beloved country. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said: “Today, we have two reasons to celebrate. At 8.35pm a celebratory scene erupted when Dubai was announced the winner. Dubai’s landslide victory marks the first time in over 150 years that a city in the Middle East and North Africa region will stage the prestigious event. In her rousing speech to the assembly, Reem Al Hashemi, the Minister of State and Managing Director of the Dubai World Expo 2020 bid committee, said: “We began this journey recognising that we were here to listen and learn and to formulate together what our collective future could be… I hope that in this journey you have also come to understand us better, to trust that we will always strive for quality, excellence and respect, that we will remain consistent and determined to deliver an inclusive and engaging Expo.”Īt 7.46pm last night Dubai went through to the third and final round where it faced off Ekaterinburg. Bringing a close to two years of hard work and planning, Dubai beat fellow contenders Izmir, Turkey, Ekaterinburg, Russia, and Sao Paulo, Brazil, to be awarded the Expo 2020 at the general assembly of the Bureau International des Expositions in Paris. ![]()
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