• Expo City Dubai is set to open in phases from September 2022, with a full relaunch in October. All photos: Pawan Singh / The National
    Expo City Dubai is set to open in phases from September 2022, with a full relaunch in October. All photos: Pawan Singh / The National
  • Visitors can take a trip on the Garden in the Sky from September 1 for Dh30.
    Visitors can take a trip on the Garden in the Sky from September 1 for Dh30.
  • Later, as residential sectors open, the district will become a '24-hour neighbourhood' in which people live and work, and can visit.
    Later, as residential sectors open, the district will become a '24-hour neighbourhood' in which people live and work, and can visit.
  • The Expo metro station in June 2022.
    The Expo metro station in June 2022.
  • Dubai Exhibition Centre in June 2022.
    Dubai Exhibition Centre in June 2022.
  • Ahmed Al Khatib, chief development and delivery officer and Marjan Faraidooni, chief visitor experience officer at Expo 2020 Dubai, at a news conference in June 2022 to announce Expo City Dubai.
    Ahmed Al Khatib, chief development and delivery officer and Marjan Faraidooni, chief visitor experience officer at Expo 2020 Dubai, at a news conference in June 2022 to announce Expo City Dubai.
  • The entrance gates await new residents and businesses.
    The entrance gates await new residents and businesses.
  • Ahmed Al Khatib said the district would be free of single plastics and was built with an emphasis on the environment.
    Ahmed Al Khatib said the district would be free of single plastics and was built with an emphasis on the environment.
  • Sheikh Ahmed Bin Saeed, chairman of Dubai Airports, speaking at a press conference welcoming the next chapter at Expo City Dubai.
    Sheikh Ahmed Bin Saeed, chairman of Dubai Airports, speaking at a press conference welcoming the next chapter at Expo City Dubai.


How Expo City Dubai could set a lively legacy


Todd Reisz
Todd Reisz
  • English
  • Arabic

September 01, 2022

Today, the grounds that once hosted Expo 2020 Dubai will reopen, this time as Expo City Dubai. Paying visitors (not yet residents) will be asked to imagine there a “city of the future,” nearly 50 kilometres from the city’s historical nexus at Dubai Creek.

During the Expo days, a visitor would have walked around a panoply of national pavilions designed to grab her attention. Many of those buildings are now gone, having been collapsed for intended use elsewhere. Swept up and refreshed after a reported 24 million visits, Expo City marks the next phase of attracting the public: legacy.

In the recent history of world expos, “legacy” has steered host cities’ master plans. The word directs attention to what kinds of lasting benefits will remain after the event closes. Expos, in this way, promise to bring their host cities new or updated districts instead of leaving them with a fenced-off void of hollowed pavilions and weed-strewn walkways. Dubai organisers were no different in declaring legacy as a key design driver. And the rush to reopen the site’s gates this month is part of the plan to keep momentum going.

One of the chief attractions promised this month (with an extra Dh30 entrance fee) is an ascent to the “Garden in the Sky,” Dubai’s nod to the standard viewing platforms at expos. Paris’s Eiffel Tower is the long-lasting example.

The Eiffel Tower, built to commemorate the 100th anniversary of the French Revolution, was the central focus of both the 1889 and the 1900 Paris Expo site. Getty
The Eiffel Tower, built to commemorate the 100th anniversary of the French Revolution, was the central focus of both the 1889 and the 1900 Paris Expo site. Getty

Dubai’s version is set to look over a construction site for the coming years. A construction site in Dubai functions as a kind of public theatre, something that corresponds with the city’s overall fascination with the new. The latest construction projects consistently garner media attention and anticipate higher rents and in-fashion restaurants and shops. In the process, the old can be left behind. Expo City offers a curious case: is it new or renewed?

Across the world, former expo sites, such as the one in Milan, have not always ignited into lively new urban districts. Planners all too often set their sights on locations far from the active city centre, with hopes that a global event will enliven an overlooked district. Legacy plans are often spiced with dreams of fluid transit connections and high-tech amenities.

Expo City’s ambitions are no different. Dubai Expo was beyond the last stop on the metro; an extension had to be built to reach the location. For the Expo’s six-month run, local residents committed to journeying out to a place that was once inaccessible. On the metro, they floated over the endless and once invisible rows of warehouses that keep the city’s stores and restaurants stocked. For many Dubai residents fortunate enough to have access to a private car, the Expo made for their first ride on the city’s greatest investment in public transit.

The Milano Innovation District redevelopment of the Expo 2015 site in Milan, Italy. Six years after Milan’s World Expo closed to visitors, the sprawling area is set for a makeover. Bloomberg
The Milano Innovation District redevelopment of the Expo 2015 site in Milan, Italy. Six years after Milan’s World Expo closed to visitors, the sprawling area is set for a makeover. Bloomberg

Dubai Expo’s leaders predicted the “most sustainable expo in the history of expos”. For that to be realised, the legacy project must be a realised success, and Expo City certainly has the potential to do much better than other host cities. It is not difficult to see Expo City becoming a lively district. The location, for example, could be ideal for families whose salary earners have offices in both Dubai and Abu Dhabi. The district comes with its own international airport and access to one of the region’s largest seaports, surely attractions for more global companies. A new city here has in fact been on the planning table since the 1970s, when Jebel Ali City was proposed as a home for a half-million people.

The location for Expo City could be ideal for families whose salary earners have offices in both Dubai and Abu Dhabi

There have been promising announcements of major companies who plan to open regional offices on the premises. And already larger tenants seem to be attracting smaller startups. The campus’s conference centre promises unmatched conference facilities in the region. Its touted data networks and no-cars transit system will feel advanced.

If you do pay the Dh30 to get to the top of Garden in the Sky, there is something else you might also monitor during your stay, namely how Expo City’s workers are repurposing the buildings that are scheduled to remain, and how they are giving new life to not-so-old buildings.

Retrofitting and renovations are globally urgent themes for Expo City to tout, and they are strategies from which the rest of Dubai can also benefit. What kind of effect can Expo City’s success have on the rest of the city? Will a new district merely expand Dubai’s offerings, or will it compete with already existing ones?

So often Dubai’s growth has been through expansion, and when older districts have been scheduled for renovation, it is often through spectacular demolition. In districts closer to Dubai Creek, there has been voiced interest in “preserving” certain buildings, often for their historical or cultural relevance. In this way, they are read as monuments, not unlike that Garden in the Sky, rather than as active places of human interaction. Some of the larger buildings that get attention in this way are the World Trade Centre, the Phoenicia Hotel, and perhaps the whole strip of building lining Deira’s creek edge. Many mourned the loss of Golden Cinema, the National Bank of Dubai, and Al Maktoum Hospital. These buildings could have benefitted from a strategy for survival, like, for example, one speculative proposal of a new life for the Dubai Petroleum headquarters as an art museum.

According to the World Green Building Council, the building and construction industry is a gargantuan polluter in countries all over allegedly responsible for 36 per cent of global energy consumption and just under 40 per cent of energy-related carbon emissions. Production of steel, concrete, aluminum, and glass to make new buildings are some of the most energy-demanding materials that humans manufacture. Once a building is complete, that carbon consumption is “locked in” along with the building’s ensuing systems for cooling and maintaining it. At the end of a building’s “life cycle,” demolition throws all those expended resources to the wind, with the expectation that a new project will only increase energy consumption.

Many of Dubai’s existing and older districts are well alive, even if they also show signs of disrepair. Their deterioration only compounds the allure that new districts can have.

Expo City plans to be an example for the rest of the world for how expo sites can be incorporated into a city’s fabric. One might also hope that Expo City could become an example for the rest of the city, by acknowledging that, once a new building is built – even before it is built – there needs to be some imagination about its future.

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Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

ANALYSTS’ TOP PICKS OF SAUDI BANKS IN 2019

Analyst: Aqib Mehboob of Saudi Fransi Capital

Top pick: National Commercial Bank

Reason: It will be at the forefront of project financing for government-led projects

 

Analyst: Shabbir Malik of EFG-Hermes

Top pick: Al Rajhi Bank

Reason: Defensive balance sheet, well positioned in retail segment and positively geared for rising rates

 

Analyst: Chiradeep Ghosh of Sico Bank

Top pick: Arab National Bank

Reason: Attractive valuation and good growth potential in terms of both balance sheet and dividends

Super Bowl LIII schedule

What Super Bowl LIII

Who is playing New England Patriots v Los Angeles Rams

Where Mercedes-Benz Stadium in Atlanta, United States

When Sunday (start time is 3.30am on Monday UAE time)

 

The specs

Price, base / as tested Dh12 million

Engine 8.0-litre quad-turbo, W16

Gearbox seven-speed dual clutch auto

Power 1479 @ 6,700rpm

Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Result

Arsenal 4
Monreal (51'), Ramsey (82'), Lacazette 85', 89')

West Ham United 1
Arnautovic (64')

COMPANY PROFILE

Company name: SimpliFi

Started: August 2021

Founder: Ali Sattar

Based: UAE

Industry: Finance, technology

Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals

Updated: June 08, 2023, 7:51 AM