Dubai Expo 2020 to ‘adjust’ preparations due to virus

There has been no indication at this stage as to whether the Dubai Expo 2020 will be postponed. (File/Supplied)
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Updated 23 March 2020

Dubai Expo 2020 to ‘adjust’ preparations due to virus

  • No indication yet as to whether the Expo opening will be delayed
  • Team still preparing for Expo 2020 as if launch remains in October

DUBAI: Organizers of the Expo 2020, set to take place in October this year, have said they will “reassess and adjust” preparations as the coronavirus situation develops – but stopped short of saying if the event will be postponed or cancelled.

Dubai is is the host city of the six-month Expo, with the hope of attracting around 25 million visitors.

“As we continue to prepare for this event, we will reassess and adjust planned preparations, as changing circumstances require," organizers said in a statement.

“Expo 2020 Dubai is closely monitoring ongoing developments and taking all sensible precautions to manage and mitigate the risk to everyone involved in the Expo.”

Arab News has contacted the Expo 2020 team and asked for further clarification on whether the event could be postponed or cancelled, and are still waiting for a response.

Every year Dubai hosts hundreds of conferences, cultural and sporting events, but many have been cancelled or postponed including the Dubai World Cup horse race and the Arabian Travel Market expo.

(With AFP)


Dubai launches economic program for post COVID-19 recovery 

Updated 05 August 2020

Dubai launches economic program for post COVID-19 recovery 

  • “The Great Economic Reset Programme” is part of a “COVID Exit initiative” to help the recovery and reshaping of the economy
  • The economic program will feature analyses of current and future policies

DUBAI: Dubai launched an economic program as part of its efforts to reshape the emirate’s economy for a “sustainable” and “resilient” future post the coronavirus pandemic, the government said. 
The Dubai government partnered with the Mohammed bin Rashid School of Government (MBRSG) to launch “The Great Economic Reset Programme” as part of a “COVID Exit initiative” to help the recovery and reshaping of the economy, state news agency WAM reported on Tuesday. 
The economic program will feature analyses of current and future policies, research and extensive stakeholder consultation to set the direction and tone of future economic policies, regulations and initiatives.
The government plans to use local and international experts for economies and societies to create growth strategies for the Dubai economy.
The MBRSG held a “Virtual Policy Council,” with global experts and thought leaders to discuss the impacts of COVID-19 on the economy and potential policy responses and initiatives. 
Chief economists, senior practitioners and researchers from leading global institutions including the World Bank, joined experts from Dubai Economy and the MBRSG at the first roundtable.
“I believe the triple helix collaboration between public, private and academia stakeholders have always produced the best solutions in the past. In the highly uncertain environment now, extensive collaboration and cooperation between all stakeholders are vital to our future prosperity. The Virtual Policy Council will propose the best approaches Dubai and the UAE can adopt to address the risks and opportunities in the next normal economy,” said Mohammed Shael Al-Saadi, CEO of the Corporate Strategic Affairs sector in Dubai Economy.
“This Virtual Policy Council is a key component of the whole process where global experts and thinkers share their views on the future economy. In this new era, the role of governments in enabling the new economic actors is becoming increasingly central, and Dubai is well-positioned to lead the way with innovative models of growth post COVID19,” said Professor Raed Awamleh, Dean of MBRSG.
The roundtable also discussed the impact of the pandemic on international trade, foreign investment and tourism, as well as the rise of digital globalization.