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Showing posts from November, 2013

Expo 2020-Dubai

Expo 2020 Dubai It's nearly impossible to have a conversation in Dubai these days without mentioning Expo 2020. It seems that every resident believes Dubai will host the Expo, and in a peculiar way, the bid has united the entire city. Regardless of whether they are local or non-local, every individual feels that if Dubai wins the bid, they will also win. As residents of Dubai, we strongly support Dubai's bid to become the host nation for Expo 2020. It is important to assess the impact of Expo 2020 on Dubai thus far. It's evident that one of the main reasons for the surge in property prices is investor confidence. The majority of investors firmly believe that Dubai will win the bid to host Expo 2020. This positive sentiment is also reflected in the business community, where rents for commercial offices and shops are increasing. It would be remiss not to mention the report by Oxford Economics, which states that Expo 2020 will create 277,000 jobs in Dubai. Interestingly, the r