Delivering a Sustainable Expo
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Sowing the Seeds
The UAE pavilion designed by Sir Norman Foster to resemble sand dunes at the Milan Expo 2015 SOWING THE SEEDS Could the $880 million Expo 2015 be a mere exercise in vanity or is there any substance to its message? GC visits Milan as a precursor to Expo 2020 in Dubai BY IVAN CARVALHO PHOTOGRAPHY BY JESSICA PEPPER-PETERSON very five years countries come together for an Energy for Life highlights the latest developments in agriculture extravagant show unlike any other: the world’s fair. and sustainable food production to prepare the world for the Since 1851, when London’s Hyde Park hosted the challenge of providing for a global population expected to top first edition and erected the impressive Crystal Palace to greet nine billion in 2050. visitors, the universal exposition has served as a showcase for Organisers are optimistic that the six-month event, which nations to display their industrial prowess and present their runs until October, will give a much-needed shot in the arm vision of the future. to a local economy looking to shake off years of recession. A Once great gatherings where major technological advances business destination for those in finance, fashion and furniture, were unveiled to an eager public, in today’s instant access world hopes are high in Milan for a big influx of tourists, who normally of the internet the fair has evolved into an elaborate exercise stop in the Lombard capital for a brief stint of shopping before of nation branding, where countries fly the flag and promote spending the bulk of their money at more popular sightseeing tourism more than trade. -
Dubai Review 2020 – 2021 Outlook
Dubai Review Outlook www.valustrat.com ValuStrat Price Index – VPI Dubai Residential Base: January 2014=100 ValuStrat Price Index – VPI Dubai Office Base: January 2015=100 All prices are quoted in UAE Dirhams unless otherwise stated Sales and Rent performance are measured on a quarterly basis while hotel performance are on yearly basis 2020 Review FIRST QUARTER REVIEW 2020 VPI Residential VPI Residential VPI Office Capital Values Rental Values Capital Values 73.3 69.6 63.1 -10.1% -8.9% -14.7% Y-o-Y Y-o-Y Y-o-Y Residential Ready Residential Ready Ticket Size Sales Volume 1.71m 3,491 AED Transactions 0.6% -0.3% Q-o-Q Q-o-Q Residential Off-Plan Residential Off-Plan Ticket Size Sales Volume 1.45m 5,224 AED Transactions -8.6% -26.3% Q-o-Q Q-o-Q Office Sales Office Sales Office Ticket Size Volume Rent 0.92m 269 863 per sq m AED Transactions AED -17.9% 11.2% -5.2% Q-o-Q Q-o-Q Q-o-Q Jan COVID - 19 PANDEMIC • The VPI – residential capital values for Dubai as of March 2020 stood at 73.3 points, dipping 0.9% since February, -10% annually. 1W • First confirmed case in the UAE recorded on 29th January • The Dubai VPI for residential rental values during Q1 2020 stood at 69.6 points, • Suspension of all flights except cargo, halting operation of major public mass declining 1.7% quarterly and 8.9% annually. On an annual basis, apartment and transport (Dubai Metro and Tram) villa asking rents fell 9.4% and 8% respectively • Countrywide curfew and disinfection drive started • VPI for Dubai’s office capital values stood at 63.1 points, suggesting that -
Reference List Construction and Industry
REFERENCE PROJECTS (EXTRACT) PRODUCTS FOR CONSTRUCTION AND INDUSTRY STRUCTURAL BEARINGS NON-REINFORCED BEARINGS COMPACT BEARING S 65 Construction project Country City Design Year Europahafenkopf Germany Bremen Houses at the head of the port: Structural support 2020 Amazon Logistics Center Germany Paderborn Support of structural components 2020 Amazon Logistics Center Germany Bayreuth Support of structural components 2020 EDEKA Germany Oberhausen Supermarket chain: Structural support 2020 OETTINGER Brewery Germany Gotha/Mönchengladbach New beer tanks: Structural support 2020 Technology Center YG-1 Germany Oberkochen Structural support (punctual) 2019 New nobilia plant Germany Saarlouis Production site: Structural support 2019 New construction of the Schwaketenbad Germany Constance Support of structural components 2019 Paper machine no. 2 Germany Spremberg Industrial plant: Structural support 2019 Parkhotel Heilbronn Germany Heilbronn New opening: Structural support 2019 German Embassy Belgrade Serbia Belgrade Support of structural components 2018 Bio Energy Netherlands Coevorden Biogas plant: Structural support 2018 NaturTheater, Open-Air-Arena Germany Bad Elster Structural support (punctual) 2018 Amazon Logistics Center Poland Sosnowiec Support of structural components 2017 Novozymes Innovation Campus Denmark Lyngby Structural support (linear) 2017 Siemens compressor plant Germany Duisburg Production hall: Support of structural components 2017 DAV Alpine Centre swoboda alpin Germany Kempten (Allgäu) Structural support 2016 Glasbläserhöfe -
World Expo 2020: Destination Dubai
World Expo 2020: Destination Dubai August 2015 Dubai World Trade Centre www.thebig5.ae 23-26 Nov 2015 Definition of World Expo The World Expo is a major event, considered to be the third-largest global non- commercial event in terms of economic and cultural impact, after the Olympic Games and the FIFA World Cup. The World Expo is an universal exposition sanctioned by the Bureau of International Expositions (BIE) and organised every five years by the nation that wins the right to host the event. They attract millions of visitors who explore and discover pavilions, exhibitions and cultural events staged by hundreds of participants including nations, international organisations and businesses. Each one is a catalyst for economic, cultural and social transformation and generates important legacies for the host city and nation. The current World Expo is being held at Milan, Italy (May 1st to October 31st, 2015). The Dubai Expo 2020 and its significance The Dubai Expo 2020 will be the first one to be held in the MENA region, and it will run for a six-month period between October 2020 and April 2021. Approximately 182 countries and companies are expected to participate in the Dubai Expo 2020. The purpose of the Dubai Expo 2020 is to provide a platform for the global community to share innovations and engage in debate about key issues facing the world. The reason the Dubai Expo 2020 is evincing huge interest is because analysts believe it will boost tourism and other parts of the economy as the government is likely to spend a predicted US$ 7 billion on infrastructure, with the benefit expected to trickle down to other industries. -
Dubai [Metro]Polis: Infrastructural Landscapes and Urban Utopia
Dubai [Metro]polis: Infrastructural Landscapes and Urban Utopia When Dubai Metro was launched in 2009, it became a new catalyst for urban change but also a modern tool to interact with the city - providing a visual experience and an unprecedented perception of moving in space and time, almost at the edge between the imaginary and the real. By drawing on the traditional association between train, perception and the city we argue that the design and planning of Dubai Metro is intended as a signifier of modernity for the Gulf region, with its futuristic designs and in the context of the local socio-cultural associations. NADIA MOUNAJJED INTRODUCTION Abu Dhabi University For the last four decades, Dubai epitomized a model for post-oil Gulf cities and positioned itself as a subject for visionary thinking and urban experimentation. PAOLO CARATELLI During the years preceding 2008, Dubai became almost a site of utopia - evoking Abu Dhabi University a long tradition of prolific visionary thinking about the city – particularly 1970s utopian projects. Today skyscrapers, gated communities, man-made islands, iconic buildings and long extended waterfronts, dominate the cityscape. Until now, most of the projects are built organically within a fragmented urban order, often coexisting in isolation within a surrounding incoherence. When inaugu- rated in 2009, Dubai Metro marked the beginning of a new association between urbanity, mobility and modernity. It marked the start of a new era for urban mass transit in the Arabian Peninsula and is now perceived as an icon of the emirate’s modern urbanity (Ramos, 2010, Decker, 2009, Billing, n. -
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity
Dubai 2020: Dreamscapes, Mega Malls and Spaces of Post-Modernity Dubai’s hosting of the 2020 Expo further authenticates its status as an example of an emerging Arab city that displays modernity through sequences of fragmented urban- scapes, and introvert spaces. The 2020 Expo is expected to reinforce the image of Dubai as a city of hybrid architectures and new forms of urbanism, marked by technologically advanced infrastructural systems. This paper revisits Dubai’s spaces of the spectacle such as the Burj Khalifa and themed mega malls, to highlight the power of these spaces of repre- sentation in shaping Dubai’s image and identity. INTRODUCTION MOHAMED EL AMROUSI Initially, a port city with an Indo-Persian mercantile community, Dubai’s devel- Abu Dhabi University opment along the Creek or Khor Dubai shaped a unique form of city that is con- stantly reinventing itself. Its historic adobe courtyard houses, with traditional PAOLO CARATELLI wind towers-barjeel sprawling along the Dubai Creek have been fully restored Abu Dhabi University to become heritage houses and museums, while their essential architectural vocabulary has been dismembered and re-membered as a simulacra in high-end SADEKA SHAKOUR resorts such as Madinat Jumeirah, the Miraj Hotel and Bab Al-Shams. Dubai’s Abu Dhabi University interest to make headlines of the international media fostered major investment in an endless vocabulary of forms and fragments to create architectural specta- cles. Contemporary Dubai is experienced through symbolic imprints of multiple policies framed within an urban context to project an image of a city offers luxu- rious dreamscapes, assembled in discontinued urban centers. -
Inside View Dubai 2020
INSIDE VIEW DUBAI 2020 PAGE 1 Overview few cities could manage both at The upcoming Dubai Expo 2021 the world’s tallest building at over the same time. is a major private and public one kilometre high and the future sector focus, and the project and world's largest mall. The largest However, Dubai is not one for its significant investments are China town in the Middle East will standing still. Over the last year, coming to fruition. The six-month also feature here. Dubai, and the UAE, has continued event, the first to be held in the to improve its ease of doing Middle East, is expected to attract In the mainstream market, business by implementing a new an estimated 25 million visitors. competition is fierce and law that allows 100% on-shore Key infrastructure improvements developers continue to offer foreign business ownership for 122 include the Metro extension and an array of sophisticated dbb activities across 13 sectors. the continuing development of developments and incentives to entice buyers. Opportunities Visa regulations have also been Al Maktoum International airport, which once complete will have include Emaar Beachfront, Port De eased. New legislations include La Mer, Central Park at City Walk the introduction of five year capacity to handle over 200 million passengers annually. and Madinat Jumeirah Living. This retirement visa for those over influx of supply has put downward 55 years old with an investment These developments will help pressure on values but has also of AED 2 million or more in the the fabric of Dubai to continually enhanced affordability; allowing property market, income in excess mature and attract an even families to upsize, first time buyers of AED 20,000 per month or more diverse group of buyers to to enter the market, and an array those with more than AED 1 million the market. -
Expo Calendar Brochure 17July
EVENTS CALENDAR 1 October 2021 - 31 March 2022 July 2021 Edition EVENTS AND ENTERTAINMENT AT EXPO 2020 DUBAI INTERNATIONAL CELEBRATIONS Enjoy a calendar of events that reflects the diversity of global cultures and themes. Special days celebrate the customs and traditions that differentiate us and the values and aspirations that unite us. INTERNATIONAL DAYS Within a partnership of the United Nations and the UAE, see global key events and activations on international days at Expo 2020. Discuss important issues and be inspired to become an active participant and to take personal responsibility for collective impact. NATIONAL DAYS & HONOUR DAYS Experience your favourite country’s National Day with a flag ceremony at the Stage of Nations as country leaders are honoured and witness spectacular processions and cultural events take over the Expo 2020 site. See first-hand a World Expo that is dedicated to ensuring that every International Participant gets the exposure it deserves. EXPO ENTERTAINMENT PROGRAMME The Entertainment Programme for Expo 2020 Dubai will celebrate the spirit of the UAE for all to see. It will lift our spirits, stimulate our minds, make us laugh, connect us with our shared humanity and inspire us to participate in the global conversation. It will use the skills and talents of local and international artists across many disciplines, both traditional and contemporary, elevating the international discourse through artistic engagement and storytelling. PARTICIPANTS’ PROGRAMMES We are proud to showcase the incredible and exciting work that our International Participants will be sharing with the world - including brilliant cultural performances, theatre, dance, music and much more. -
Informa 2018 Full Year Results Statement
Informa LEI: 5493006VM2LKUPSEDU20 Press Release 7 March 2019 Informa PLC Results for 12 Months to 31 December 2018 2018: Combination & Creation 2019: Performance & Growth KEY FINANCIAL AND OPERATING HIGHLIGHTS1 • Strong Revenue Growth: +3.7% underlying and +34.9% reported to £2,369.5m, including six months of UBM (2017: £1,756.8m) • Higher Adjusted Operating Profit: +2.3% underlying and +34.4% reported to £732.1m (2017: £544.9m) • Improved Statutory Operating Profit: £363.2m (2017: £344.7m) • Increased Adjusted Diluted Earnings per Share: +7.0% to 49.2p (2017: 46.0p); Statutory EPS of 19.7p (2017: 37.6p), with prior year including non-cash credit from US tax reforms • Attractive Free Cash Flow: £503.2m and £600m+ including a full year of UBM (2017: £400.9m) • Robust Balance Sheet, in line with plan: Net debt/EBITDA1 at 2.9x (2017: 2.5x) • Enhanced Dividend: up 7.1% to 21.90p (2017: 20.45p) London: Informa (LSE: INF.L), the International Exhibitions, Events, Information Services and Scholarly Research Group, today published its financial results for the 12 months to 31 December 2018, reporting a further period of operational progress and improving financial performance. Stephen A. Carter, Group Chief Executive, said: “In 2018, the Informa Group delivered a fifth consecutive year of improving growth, increasing adjusted profits, adjusted earnings per share, cashflow and dividends.” He added: “In 2019, our focus is on continuing Performance and Growth as we consolidate our market positions and further reduce complexity. This will enable -
Exploring Residents' Perceptions of Mega Event-Dubai Expo 2020
sustainability Article Exploring Residents’ Perceptions of Mega Event-Dubai Expo 2020: A Pre-Event Perspective Mohit Vij 1,* , Amitabh Upadhya 1 , Anu Vij 2 and Manoj Kumar 1 1 School of Business, Skyline University College, Sharjah, 1797, UAE; [email protected] (A.U.); [email protected] (M.K.) 2 School of Business Administration, Aldar University College, Dubai, 35529, UAE; [email protected] * Correspondence: [email protected]; Tel.: +971-505904702 Received: 31 December 2018; Accepted: 24 February 2019; Published: 3 March 2019 Abstract: This study explores the residents’ perceptions of economic, socio-cultural and environmental impacts of a mega-event (World Expo 2020) to be held in Dubai, as well as their level of inclination to participate in the event. The event organizers announced a requirement of thirty thousand volunteers to assist them in successfully organizing the mega event. Such events could prove to be landmarks in destination brand building and may lead to an increase in the number of tourists. The purpose of the study is to gauge the level of understanding about the event impacts within the resident population and their willingness to get involved in event organization. Priory studies of perceptions about the economic, cultural and environmental impacts of a mega-event, are well-nigh non-existent, especially for World Expositions. This study explores residents’ perception to get a fair idea of how they get involved in a mega event that will surely have profound impacts on the destination. Drawing on stakeholder theory and triple bottom line (TBL) model, the study uses primary data collected from more than two hundred fifty residents of the region, through a structured questionnaire. -
Towards the Expo 2015
Towards the Expo 2015 1 Towards the Expo 2015 An Expo is a large international event that aims at the enrichment of human knowledge and technological progress, to promote cooperation and dialogue with international press. Given the importance of these major events, for almost a century now the need has arisen to standardise some aspects, such as duration, frequency and above all quality. The Bureau International des Expositions (BIE), established in 1928 with the International Convention of Paris is the international organisation responsible for establishing the parameters that control the Expo; the objective of the BIE is therefore to guarantee continuity of these events and maintain the level of international prestige earned over the years, selecting venues and dates and organising new Expos. The members of this organisation, with official headquarters in Paris, are all the States that have signed the convention. There are two different types of Expo: "Universal Expositions" (World Expo) and "International Expositions" (International Expo). The Expositions in the first category involve topics that concern the whole of humanity and therefore are global in nature. States, International Organisations, NGOs, Companies and other institutions can participate in these events, there is no limit to the size of the Exposition venue, and participants arrange the set-up of their own pavilions. Since 1996 these events have lasted six months and take place every five years. A Universal Expo will take place in Milan in 2015. 122 On the other hand the “International Expositions" take place in the period between the two Universal Expos and last for three months. The possible participants are the same as for a Universal Expo while the theme is more specific. -
Canada Commits to World Expo 2020 Dubai Statements from Canada-UAE Business Council (CUBC) Leaders
Canada Commits to World Expo 2020 Dubai Statements from Canada-UAE Business Council (CUBC) Leaders “I’m delighted to hear that Canada will join other G20 countries at World Expo 2020 Dubai. Canadians understand firsthand the significance of World’s Fairs. We hosted two of our own – Expo ’67 in Montreal and Expo ’86 in Vancouver. These were transformative events that brought Canadians and the world together, strengthened our nation from coast to coast, and showed the world what Canada could offer. We celebrated 100 years of confederation at Expo ‘67; the UAE will celebrate its 50th Anniversary with World Expo 2020 Dubai. By participating in World Expo 2020 Dubai, we are supporting the United Arab Emirates as it becomes the first country to host a World Expo in the Middle East, Africa, and South Asia. We are also showing up at an important international trade show. Canadian innovations, business, and culture will take centre stage. Our cultural and business ties will deepen with the UAE, and with more than 200 other nations participating in World Expo 2020 Dubai. During my time as the Co-Chair of the Canada-UAE Business Council, I have been exposed to clear opportunities for Canada in the UAE and broader region. Opportunities in engineering, construction, health, and education stand out. There is untapped potential for Canada to realize as we work towards further diversifying our trade and investment. I am honoured to volunteer with the CUBC. It’s a passion project to learn more about a relatively unknown country to Canadians and to advance relations between two like-minded nations.” - The Honourable Jean Charest, Co-Chair, Canada-UAE Business Council and Partner, McCarthy Tetrault “I’d like to congratulate Canada and welcome all Canadians to join the world at World Expo 2020 Dubai from October 2020 to April 2021.