Expo 2020 Dubai and its legacy are expected to contribute Dhs122.6 billion of gross value added (GVA), to the UAE’s economy from 2013 to 2031, according to the EY report, ‘The economic impact of Expo 2020 Dubai.’
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy.
According to a recent study by PayFort, the GCC’s online retail revenues are expected to reach $69 billion by 2020. “The UAE leads the way regionally in terms of online sales, with 62 percent of citizens now shopping online, and annual sales expected to reach US$23.7 billion by 2022.” This was stated by Mauro Romano, CEO, ArabClicks, during an exclusive interview with Gulf Today.
Saudi Arabia unveiled the design of its pavilion at the Expo 2020 Dubai on Sunday. The pavilion will be second in size only to that of the UAE pavilion, covering an area the size of two football pitches.
Through its theme of "Building a Community with a Shared Future for Mankind - Innovation and Opportunity", the China Pavilion will be one of the largest at Expo 2020 Dubai, occupying a land area of 4,636 sq m.
Sleep Expo Middle East, happening from April 11 to 13, 2019 at the Dubai Festival City Arena, is the only event in the region dedicated to the sleep industry. The show will bring together sleep experts and innovators under one roof to discuss and showcase the latest advances in in the sleep technology space.
Walid Abdel Malik, Director of Business Registration and Licensing in the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), inaugurated on Thursday the very first staging of Sleep Expo Middle East at the Dubai Festival City Arena. The event opened its doors to both trade visitors and consumers across the region, showcasing the latest advances in in the sleep technology space.
Under the patronage of Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, and Chairman of Small and Medium Enterprises Council, the National Programme for Small and Medium Enterprises (NPSME) of the Ministry of Economy will host the Small and Medium Enterprises Exhibition (SME Expo) from April 29-30 at the Abu Dhabi National Exhibition Center (Adnec).
A new animation film was released by Expo 2020 Dubai, showcasing the ghaf tree, and how it symbolises Expo 2020's message of unity and collaboration.