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'Dubai's real estate sector will likely benefit from the World Expo 2020 - which started a year late this October due to the pandemic,' the S&P analysts wrote.

Indeed, the emirate has introduced visa and business reforms designed to make it easier for foreigners to live and work in Dubai and fully own their businesses there, without the previous requirement of a local partner. Arabic newspaper that provides news and articles on cultural, literary, political, economic, medical, immigration and expatriate affairs, Arab affairs. Residential property prices in Dubai 'have been rebounding strongly from a record low at end-2020 - since the peak in 2014 - on the back of pent-up demand from both international and local buyers, improved investor and consumer sentiment, a rebound in oil and gas prices, and gradual macroeconomic recovery, which in Dubai has been supported by high Covid-19 vaccination rates and new visa and corporate ownership rules,' analysts at S&P Global Ratings said in a report Monday. The supply of real estate compared to demand has become more evident after Dubai's majority-expatriate population dropped by 8.4% in 2020 due to the pandemic, the steepest population decline in the Gulf region. The real estate sector, meanwhile, which was already several years into decline when the pandemic began, is seeing a strong but uneven rebound - made uneven in part by what many market observers criticize as over-building. But 'these travel restrictions have eased in recent weeks and we expect growth to accelerate in Q4,' the bank said. 'We expect a rebound in annual GDP growth from Q2 2021 off last year's low annual base, but global restrictions on travel likely weighed on Dubai's recovery in both Q2 and to a lesser extent in Q3,' analysts at Dubai-based bank Emirates NBD said in a note Monday. The slow resumption in travel and delayed lifting of some countries' travel bans has been a key source of pressure on the recovery. Nightlife and leisure activities resumed by late summer, with masks and social distancing remaining as anti-Covid measures.Д«y the winter months, the emirate became a hotbed for tourists craving normality, but a surge in Covid infections by February led several countries, particularly the U.K., to put the UAE on their no-travel lists. VariousВ TV channels including MBC 4 will live broadcast the show, which will also be livestreamed on, Expo TVВ on YouTube, Expo 2020вЂ™s Facebook page, SHAHID, and Oculus VR (Virtual Reality).Д®xpo 2020 is bringing the world together until 31 March 2022 for a once-in-a-lifetime event where music is acting as both a moving and a connective force.Dubai was a leader in reopening to tourism in July of 2020, becoming one of the first cities in the world to do so after a very strict lockdown that saw people confined to their homes and only able to leave with police permission. Visitors will also be able to soak up the electric atmosphere and watch the show on outdoor big screens at ExpoвЂ™s Dubai Millennium Amphitheatre and Jubilee Park. Immersing fans far and wide, both physically and virtually, shows will be streamed live from the spectacular Al Wasl Plaza, the pulsating heart of Expo 2020 and home to the worldвЂ™s largest 360-degree projection surface.Д®xpo ticket holders who wish to attend Nancy Ajram and Ragheb AlamaвЂ™s Infinite Nights show are advised to arrive early. We cannot wait to welcome our next superstars Nancy Ajram and Ragheb Alama to the spectacular Al Wasl Plaza, for what promises to be an unforgettable night of entertainment.вЂќДЄ dazzling line-up of global and regional performers is headlining the six-month Infinite Nights Series, beginning with the вЂCaesar of ArabiaвЂ™, Kadim Al Sahir.

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Lubna Haroun, Vice President Moment Makers, Expo 2020В said: вЂњWe launched our star-studded Infinite Nights series in October and have been amazed by the buzz it has generated around the world. I cannot wait to be part of Expo 2020вЂ™s incredible journey вЂ“ I hope my show will inspire positivity amongst young people around the globe to cherish the world we live in.вЂќ Nancy AjramВ said: вЂњWhen we all work together and collaborate, we can learn to live in harmony with each other and the world around us. Personifying Expo 2020вЂ™s subtheme of Sustainability, her dazzling performance will celebrate life on Earth, highlighting the need to treasure and protect the beauty of the natural world. Singer, actor and UNICEF Goodwill Ambassador Nancy Ajram will perform her biggest hits in a never-before-seen performance under the majestic dome of Al Wasl Plaza.

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