News Dubai Expo 2020

Complete Guide to Expo 2020 Dubai

Expo 2020 Dubai is a global destination for millions of people who come together to share ideas, initiate innovation, encourage collaboration and celebrate human ingenuity. They are organized every five years and last for six months. It will be held under the theme of ‘Connecting Minds, Creating Future’. This theme speaks loudly about the UAE’s success in experimenting with new procedures of development and innovation. There are seven months to go. Seven months till Dubai showcases the World’s Greatest Expo.

Expo 2020 Dubai will be a celebration of human genius and brilliance. It will serve as one of the most significant opportunities for people to connect from different corners of the world, to experience the best of everything. The event will open doors to new thoughts and ideas that will have an ever-lasting impact on our lives. Expo 2020 Dubai will have a sub-theme of Opportunity, Sustainability, and Mobility.

Expo 2020 Dubai will give a boost to the UAE economy, according to economists from Standard Chartered, a growth of 2.1 per cent in the UAE’s from 1.7 per cent in 2019 can be expected from Expo 2020 Dubai. It is expected to give rise to non-oil growth to at least 3 per cent. This time

Expo 2020, Dubai is expecting a footfall of 25 million of which seventy per cent visitors will be from various other countries.

Dubai Expo is set to welcome 190 participating countries. It is not just a fair but a lifetime experience of Emirati hospitality at its best. This Expo is planned while keeping the youth in mind so that the legacy of Expo 2020 Dubai can inspire future generations globally and locally.

Themes of Expo 2020 Dubai

1.Opportunity
The sub-theme of Opportunity will encourage human development. IT will cover every aspect of how a human plays a significant role in improving the conditions of human resources. It will make you question yourself how you can bring the real change around you

2.Sustainability
This sub-theme will make you revisit the real-life problems, and you might come up with real-life solutions for them. The future of Earth is in your hands, and this is can be your golden opportunity to act as an agent of sustainability for Planet Earth.

3.Mobility
The sub-theme of Mobility will examine the paths of how humans, goods, ideas and data travels. Expo 2020 Dubai looks at how the movement of humans, products and ideas has unfolded numerous possibilities and how it can unfold more.

What can you expect from Expo 2020 Dubai?

Al Wasl Plaza will be the heart of Expo 2020. It is expected to bring together a physical demonstration of the central theme of the Expo, "Connecting Minds, Creating the Future." The first look of Al Wasl Plaza was already unveiled in April 2017.

A dome will be constructed which will double up as a 360-degree screen in the evening, which will project images to visitors both inside and outside of the plaza. The dome of Al Wasl Plaza will be approximately 65 meters tall with a diameter of 150metres and will be capable of hosting an estimated ten thousand visitors. Each participating country will have its pavilion, while there will separate and designated pavilion for each of the principal sub-themes - sustainability, mobility, and opportunity.

How to Reach the site?

It usually takes forty minutes to reach the Expo site from Downtown Dubai. The Expo will have its own metro station, with a capacity of forty thousand passengers per hour. Hence you can use the Dubai Metro to reach the site. By car, it will take you 40 minutes to reach the Expo site from Downtown Dubai.

Opening day for the Expo is 20th October 2020 and as per local news, the closing days are 10th April 2021. The site opens from 9 AM till 1 AM on weekdays. However, on weekends you can expect it to be open from 10 AM to 2 in the morning.

Why Expo 2020 will change Dubai?

Since the very beginning, World Expos have been the most exceptional platform to explore, exhibit and exchange ideas. Gradually it became more prominent and the center stage for the world to barter ideas and innovations.

Also, Expos are one of the most excellent and lifetime opportunities for the host country to showcase itself globally. Similarly, Dubai is looking forward to enhancing its status as an investment destination to the global audience.

It is estimated that around twenty-five million visitors will visit Dubai during Expo 2020, whereas the total population of the UAE is nine million. The visitors will require someplace to stay for this whole duration hence giving a boost to the hospitality and real estate industry. The government of the UAE is already investing and focusing on real estate to host every visitor.

Apart from this, all these visitors will be spending money everywhere from food to shopping to entertainment which is going to boost especially Dubai’s economy by 20 to 30 US billion dollars.

You can roughly calculate the other benefits such as increases in export and tourism. The infrastructure that is already under construction for the Expo will be later reused to generate revenues.

Why should you choose Dubai as your Business Destination?

Steady Economy

Dubai has witnessed very stable and smooth growth in the economy over the past few years. Dubai’s economy is growing very steadily as compared to other middle eastern countries that suffered an oil crisis, Dubai has managed to control that crisis very smartly because of planned economic growth. Dubai now is one of the fastest-growing economies in the world.

Strategic Location

Dubai is located ideally between Europe, Asia and Africa. Dubai is the perfect place for doing any business. Also being situated in the middle of the UAE, it has an ever-growing requirement of hospitality, tourism and event management. Dubai is connected well via air and sea, making it a hub of export and import activities.

Tax-free income

Dubai is one of the duty-free destinations to start your business in. The government doesn’t levy the following taxes.

  • Income tax

  • Value-added tax

  • Corporate tax

  • Withholding tax

  • Government Support

Department of Economic Development helps in improving the economy and provides every kind of support required for a favourable business condition for both local and foreign businesses.

Visa

To set up a company in Dubai or any other Emirates of the UAE, you will be eligible for a residency visa. Having one such visa, you will open doors of endless benefits such as leasing an apartment or opening a current account in UAE banks and multiple exit and entries to UAE.

Dubai Free Zones

Free Zones are designated tax-free areas where ex-pats can set up and run businesses with full ownerships without worrying about partnering with an Emirati partner.

Expo 2020 Dubai will open door to new businesses and opportunities. If Dubai is in your mind to start your business wait no more this is going to be the best time to start your own business in Dubai.

To be a part of Dubai’s evergrowing economy contact us. At Commitbiz we provide various services that are required to set up a business in Dubai.