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Tourism in Dubai Heating Up with Approaching World Cup

October 6, 2022

Every four years football fans across the globe gather in one privileged location to celebrate the FIFA World Cup. And for the first time in its history, the Middle East will be hosting this highly anticipated event in Doha, Qatar. However, the entire region is set to benefit from this event, thanks to the droves of tourists taking advantage of the tournament to visit other countries in the region. Bordering the UAE, Qatar is a small nation that has been working to build the appropriate infrastructure to host such a massive event. But because of Dubai’s highly developed economy, short travel time to Doha and wide range of hotel accommodations, some teams have chosen Dubai as their home base; many tourists are sure

Expo City Dubai: Coming Soon

August 18, 2022

This October, get ready for a city that will transform the world. The previous site of the world-renowned Expo 2020 Dubai is becoming a city of the future: Expo City Dubai. “We announce the transformation of the Expo site into Expo City Dubai, a new city that illustrates Dubai’s ambitions, after the historic success of Expo 2020 Dubai, which was visited by more than 24 million visitors and left an indelible mark on the 170-year history of World Expos.” -Sheikh Bin Rashid, UAE Vice President, Prime Minister and ruler of Dubai. Expo City Dubai When planning Expo 2020 Dubai, the UAE had to face a question that’s commonly proposed when large-scale, temporary events are held, such as the World Cup or the Olympics: what do we

Dubai Ranked 1st in FDI Report

June 9, 2022

There’s many reasons why Dubai is a top-ranked destination worldwide for foreign direct investment, but it can be summed up in the following points: a wholly owned subsidiary foreign direct investment, growing ecosystem, welcoming environment for foreigners and a strong commitment to innovation and development. In fact, Dubai topped the 2021 annual FDI report, placing first worldwide of cities that attract foreign investment, an improvement from a third-place ranking the previous year. Keep reading to find out exactly what makes Dubai a truly remarkable destination for foreign direct investment abroad. Foreign Direct Investment Rankings Before we dive into Dubai’s superb results, let’s define the Foreign Direct Investment Report and what it means. There are many factors that affect the foreign direct investment rankings, but

The Future of Dubai is Bright with Economic Growth

May 12, 2022

When you think of Dubai, you probably think of innovation, cultural growth, technology and modernity. And there’s a reason for that. Dubai is one of the world’s most forward-thinking cities, constantly in search of new opportunities for growth and development. In this article, we’ll explore the bright future of Dubai’s economic growth in the following areas: sustainability, post-Expo 2020, innovation and technology and business development. Sustainability Sustainability and futuristic ambitions go hand-in-hand and Dubai does not disagree. There are a number of initiatives being launched around the city to promote sustainable practices, like waste reduction and recycling. As a city in the desert, Dubai and its residents are very aware of the need to conserve natural resources and protect their environment. Here are

Expo 2020 Dubai: The Aftermath

April 28, 2022

After a year delay due to COVID-19, Expo 2020 Dubai impressed the world from October 1, 2021 to March 31, 2022. One of the most significant events to ever be held in the Middle East, Africa or South-East Asia, the expo welcomed more than 22 million guests from around the world over the course of six months, providing visitors with educational and cultural experiences. Expo 2020 Dubai What’s a World Expo? We’ve mentioned the Expo 2020 Dubai before, but world expos are large international exhibits that aim to highlight countries’ achievements and connect people from across the world. They also place a particular emphasis on celebrating ideas, inventions and projects, along with cultural exchange. The first Expo held in London in 1851 entertained six million

Bank Accounts After Brexit – One Year Later

December 9, 2021

It’s been almost a year since the United Kingdom made its departure from the European Union, but there are still questions about how its relationship with its former partners will work. What is the story with banking after Brexit? We’ve decided to examine what we know, answer outstanding questions and share some suggestions about how you can plan for possible changes in the future. Is my money safe in the bank after Brexit? This may be your principal concern when considering how to manage your money. Although the United Kingdom is formally out of the European Union, there will be no change to your account protections. In the meantime, here are some things to know about your current account back in the United Kingdom: The Financial