00:00Dubai Expo 2020 is anticipated to generate as much as 122 billion dirhams in economic
00:09activity by 2031, according to a new report released on Monday morning. The consultancy
00:16EY were commissioned by the Dubai government to investigate the economic impact of Expo
00:212020. They found that on average 50,000 jobs would be supported by Expo in the lead-up
00:28to the event, during the year of the event, and for the following 10 or so years after
00:33the event. They also found that the legacy of District 2020, which is the new city that
00:39is being built on the grounds of the Expo site, would reap economic benefits for the
00:44following 10 years after the event. They say that the city will be full by 2031. This economic
00:51impact is based on a number of different factors, including the millions of visitors that EY
00:56says will attend the event, and on the businesses and tourism that will be generated by the
01:02Expo. There were some questions remaining, however, over EY's use of data, and in particular
01:08where it drew that information from, and the assumptions that it based its projections
01:13on. It released its 58-page technical study, which included some of the assumptions that
01:19its projections were based on, but it did not explicitly state what information it was
01:25basing those projections on. In other news, as of tomorrow, Emirates Airlines will be
01:30reducing the number of flights to several destinations, as it contends with a renovation
01:36of one of the runways at Dubai International Airport. For 45 days, Emirates will reduce
01:41flights to a number of destinations in the Middle East, Europe and Asia, as it seeks
01:46to reshuffle its organisation in light of the runway renovations. The airline confirmed
01:52to Golf News that it would be dropping around 135 flights per week, with Bangkok the most
01:58affected destination. The number of flights to Bangkok weekly will drop by around 14,
02:03according to Emirates, whilst Kuwait will see around 17 frequencies cancelled per week.
02:09Karachi and London Heathrow will also see the number of frequent flights cut down by
02:13around 12 to 10. That's all from us today. You can find the latest headlines on Golf
02:17News. I'm Ed Clouse. Thanks very much for watching and see you tomorrow.
02:22www.golf.co.uk
Comments