What would be the single most set back that occurred in the business sector due to the pandemic on a global scale?
No doubt, it would be the postponement of the Dubai Expo 2020. It is the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region, and largest ever event to happen in the Arab region.
Dubai Expo was one of the greatest events the world was going to witness in 2020 with participation from 192 countries, plus businesses, multilateral organizations and educational establishments. It was also the coming decade’s hope for all businesses ranging from startups to multinationals around the globe.
Bureau International des Expositions
As per the two-thirds majority votes received from Bureau International des Expositions (BIE) Member States, the mega event has been rescheduled to next year, from 1 October 2021 to 31 March 2022.
With such uncertainty all around, it is a necessary time gap that allows all participant nations to safely navigate the impact of COVID-19 and it also helps to focus on new strategies to rescue the world from its current economic crisis.
Connecting Minds, Creating the Future
The supposed theme for Dubai Expo – Connecting Minds, Creating the Future – is well explanatory of what it is going to be. It aims to provide a suitable platform for business enterprises to join hands, thereby creating a conglomeration of ideas to build a better future. This union of nations and businesses is what is most needed during this time of crisis.
Falcon in Flight
Millions of visitors, both belonging to business class and common folk are expected to be a part of the expo. Dubai is all set to welcome the guest nations with its own dynamic pavilion that resembles a falcon in flight, which is truly symbolic of the nation.
Dubai Chamber’s Partnership
Another major highlight of this event is the Dubai Chamber’s partnership, which will create numerous opportunities for local and international communities to start new businesses in Dubai.
Revival of Tourism and Hospitality
The Expo site is spread across 4.38 square kilometers and will house the pavilions of 192 nations. It will be a cross-cultural space that exhibits diverse businesses, technologies, cuisines, languages and dress codes and will turn out to be the epitome of business tourism.
Tourism, Hospitality and Real Estate are three business areas that have been severely affected by the pandemic. These sectors have a hope for revival in Dubai and will prosper with the 2021 Expo. Also, the decisions taken during the Expo will act as a guiding light for businesses across the globe and will be a ray of hope for the pandemic affected world.
Business Formation in Dubai
If you were planning for a business formation in Dubai, now is the right time to start anew as the UAE government is providing complete support for entrepreneurs in view of Dubai Expo and also to cope up with these tough times. With many free zones and flexible laws that support entrepreneurs, business formation in Dubai is comparatively easy than in other parts of the world.
Getting Adequate Support
But, there are also some rules that a new business should follow strictly before starting their operations to ensure its smooth functioning and the nation’s safety. That is why one should never trivialize the need for proper guidance.
There are many business consultant agencies in Dubai that provide end to end business solutions. We as business consultants have reduced our charges to support businesses during the COVID-19 lock down period. If one could get adequate help and support, Dubai Expo will be a springboard to success for every entrepreneur.
Let us hope that Dubai Expo 2021 with its theme ‘Connecting Minds, Creating the Future’ will retain its name and remain committed to hosting an exceptional event that will celebrate humanity’s resilience, creativity, culture and innovation, while offering the world a unique platform to share business solutions and ideas for a better tomorrow.