With a year to go until Expo 2020 Dubai, as the event’s Official Banking Partner, Emirates NBD joins the country in anticipation and excitement as prepare in earnest for this milestone event in our nation’s history.
Expo 2020 will showcase Dubai as never before on the international economic and business stage. Millions of visitors are expected and the realty market will definitely benefit as people who will see the promising economic potential of the city, the country and the region are likely to invest in business and properties.
Expo 2020 Dubai is expected to leave positive impacts on the national economy for many years to come. The event has great importance for small businesses and enterprises, offering them an opportunity to establish a footing in the UAE market.
The much-anticipated Expo in Dubai next year is projected to contribute Dh122 billion to the UAE’s economy and create nearly 50,000 new jobs per year between 2013 and 2031. The consultancy estimates that Dubai Expo will contribute 1.5 per cent growth of the UAE’s GDP.
By hosting a major global event, Dubai has emphasised its ability to absorb global financial and economic crises. The global event, held in the Middle East for the first time, is a long-term investment for the country that is expected to have a positive impact on its economy while benefiting from its internationally acclaimed reputation and profile.
Expecting millions of visitors to attend the Expo 2020 and Dubai might experience phenomenal growth in every sector that it has established its presence in.
Expo 2020 is going to exhibit all types of new innovations from across the world and its infrastructure and location makes it suitable for the most advanced technology era that every country is trying to incorporate in its lifestyle.