Expo is a short form of the word Exposition or to expose in front of everyone. In November 2013, the United Arab Emirates won the pledge to host the World Expo in Dubai in 2020 by The Bureau International des Expositions (BIE), a general assembly in Paris. Since the first great fair of 1851, this is going to be the first time that the World Expo will be staged in the Middle East, North Africa and South Asia (MEASA). Dubai Expo 2020, a phenomenal platform for international dialogue for innovative things for the progress and cooperation of a city or a country representing the technology and ideas. Expo 2020 is going to be a magnificent technical fair that would be different from any world fair before it. This expo 2020 will be focused on innovative technology, creativity and the infrastructure itself will be shown in digital cities.
Dubai Expo 2020 is a World Expo opening on October 20, 2020. Dubai Expo 2020 is set to make its growth in various industries such as hospitality, medical hub, tourism, and many small and medium enterprises. The aim of the mega fair is to complete 160,000 hotel rooms in time to serve more than 25 million visitors between October 2020 and April 2021 during the expo. Essam Kazim, the head of Dubai tourism, said that the UAE was still encouraging for new countries all over the world to be added to visa exemptions. The UAE has started to appraise countries for potential visa-on-arrival agreements counting the benefits of Expo 2020 Dubai next year.
"We remain focused on strengthening collaborations with our network of industry partners," the official said in a statement. This, he said, in turn, underlined the "enormous diversity that the emirate offers global travellers," Kazim said. According to him, they are keeping ahead of the global competition, the country anchored by an unwavering vision of establishing Dubai as the top most-visited and innovative smart city in the world.
Contribution of Market Opportunities on Arabian Travel Market (ATM)
Due to the substantial growth of the market opportunities, visitors fro across the world are stepping into the UAE. in this crucial period time it will be a wise decision for the authority of the Dubai to exempt the visa. This idea will not only create a great chance for the visitors and localities but also will strengthen the bond among different countries. That will lead to a mega opportunity for the developmental growth of the economy of the UAE. Undoubtedly Expo 2020 is going to contribute a vast range of opportunities in every field.
Kazim's statements showed about the next week's Arabian Travel Market (ATM) industry conference, taking place in Dubai. Around 40,000 visitors are expected to attend the event, taking place at the Dubai World Trade Centre. Moreover, bilateral cooperation with India was being discussed, According to him the global hub of innovation, the country will continue to support public-private sector partnerships to evolve the product offering and the way it engages with today's digitally-savvy consumers.
The organizers of ATM say the event is all set to welcome over 2,500 exhibiting companies and an expected 40,000 industry professionals, with more than 150 countries represented, 65 national pavilions and over 100 new exhibitors are planning to make their ATM debut. This will be a bigger opportunity for business investors who are eagerly waiting to get the reasons to set up a business venture in Dubai.
According to Claude Blanc, one of the event's organizers, this year's show is set to feature the "largest ever exhibition from Asia in the history of Arabian Tourism Market, with the continent witnessing an 8 per cent year-on-year increase in the total show area."
Among the largest exhibiting countries, Indonesia, Malaysia, Thailand, and Sri Lanka showed their positions.
Remarkable Growth in the Hospitality Sector
Considering the hospitality sector of Dubai, Emaar Hospitality announced that it is all set to launch five new hotels in Dubai this year. These would be under its various brand scales such as luxury brand Address, upscale brand Vida, and midscale brand Rove.
The Address Fountain Views and the Address Sky, two brand new luxury hotels in Downtown Dubai are taking the total number of hotels operated by Emaar in the Downtown area to seven.
Between the five hotels, Emaar plans to add more 1,373 rooms to the market. Chris Newman, chief operating officer of Emaar Hospitality Group, said, “The five new hotel openings this year further cement our credentials and competencies as the leading home-grown hospitality provider,”
Such huge opportunities in the Dubai market will totally make its visa exemption a worthy decision for the government for its developmental purposes. For utilizing such vast advantages of such a golden chance, our company is all set to assist you in setting your business venture in the UAE. Starting from the registering, licensing, and every document verification in a hassle-free manner.
Contact us to get all the information in detail. It would be our pleasure to serve people.
What are the Dubai International Travel guidelines 2022?
These are the Dubai entry requirements for a foreigner -
If you’re vaccinated you’ll have to present your Covid-19 negative certificate
In case you don’t have the certificate, submit a negative RT-PCR test report performed under 48 hours.
How has Expo 2020 impacted Dubai Real Estate?
The prices of all real estate properties are estimated to increase by 2.5% in 2022. This goes on to show that the real estate market in Dubai is bouncing back.
As of 2022 around 400 restaurants, cycling paths & luxury apartments have been built.
How has Expo 2020 impacted Dubai Tourism?
Dubai Expo 2020 has helped the tourism sector make an epic bounce back. In January 2022 itself, Dubai recorded 100% more visitors than in 2021.
What is the license required for opening a Restaurant in Dubai?
You’ll need the following licenses -