Dubai economy - updates

Rappler's latest stories on Dubai economy

ARTICLE FINDER

Dubai counts on pent-up demand for tourism comeback

Jul 10, 2020 - 1:15 PM

With its advanced medical facilities and infrastructure, Dubai is betting it will be an attractive option for tourists

This picture taken on July 8, 2020 shows an aerial view of the Burj al-Arab hotel in the Gulf emirate of Dubai, with the man-made Palm Jumeirah archipelago seen in the background behind, during a government-organised helicopter tour. - After a painful four-month tourism shutdown that ended this week, Dubai is betting pent-up demand will see the industry quickly bounce back, billing itself as a safe destination with the resources to ward off coronavirus. (Photo by KARIM SAHIB / AFP)

Dubai reopens doors to tourists after long shutdown

Jul 07, 2020 - 9:30 PM

(UPDATED) The Gulf emirate of Dubai again welcomes foreign visitors, as it seeks to boost its ailing economy

A man sunbathes along the Marina beach near the Ain Dubai Ferris wheel in the Gulf emirate of Dubai on July 7, 2020. (Photo by Giuseppe CACACE / AFP)

Dubai ports giant 'prepares for worst' as virus impact looms

Jun 21, 2020 - 8:20 PM

DP World and its subsidiaries are a major source of cash for Dubai's economy, one of the most diversified in the oil-rich Gulf

Containers are stacked at the port of Jebel Ali, operated by the Dubai-based giant ports operator DP World, in the southern outskirts of the Gulf emirate of Dubai, on June 18, 2020. - The chairman of DP World said it is "preparing for the worst" with the full impact of coronavirus to hit in coming months, as global trade suffers its worst blow since World War II. The firm and its subsidiaries are a major source of cash for the emirate's economy, one of the most diversified in the oil-rich Gulf but mired in a long malaise. (Photo by KARIM SAHIB / AFP)

Race to ready Dubai's mega Expo despite 1-year delay

Jun 18, 2020 - 3:25 PM

The coronavirus pandemic creates daily challenges for organizers of the Expo 2020, rescheduled to October 2021 in Dubai

An Emirati man stands outsite the Dubai Expo 2020 site, under construction in the Emirati city, on June 14, 2020. - Armies of workers in protective masks are racing to complete the mammoth Dubai Expo 2020 site despite the coronavirus that has sickened some workers, forced a one-year postponement, and created a logistical headache. The six-month world fair, a milestone for the emirate which has splashed out 8.2 billion dollars on the eye-popping venue in the hope of boosting its soft power and resetting the economy, will now open its doors in October 2021. (Photo by GIUSEPPE CACACE / AFP)

Life of luxury: Dubai's huge service sector faces unsure future

May 07, 2020 - 8:50 PM

While some lockdown measures are lifted and many businesses are reopening, uncertainty remains for both employers and employees in Dubai

UAE. Cranes at a construction site with the world's tallest tower Burj Khalifa (background) in the Gulf emirate of Dubai on March 11, 2019. File photo by Karim Sahib/AFP

Expo 2020 Dubai postponed by 1 year to October 2021

May 04, 2020 - 8:20 PM

The multibillion-dollar Expo 2020 Dubai is postponed due to the coronavirus pandemic

Dubai's Sheikh Zayed road is deserted during a curfew imposed by the authorities in a bid to slow down the spread of the novel coronavirus in the Emirati city on April 5, 2020. - Last night, Dubai, one of the seven emirates making up the UAE, announced a two-week lockdown in which it will carry out tests in densely populated areas. (Photo by KARIM SAHIB / AFP)

UAE officially asks to postpone Expo 2020 Dubai

Apr 04, 2020 - 10:15 PM

The Paris-based Bureau International des Expositions says it will hold a virtual meeting on April 21 to discuss 'options for a change of dates'

EXPO 2020. Construction workers are pictured on the site of the French pavilion building, which is scheduled to open during the Expo 2020, in Dubai on March 3, 2020. Photo by Karim Sahib/AFP

Expo 2020 Dubai organizers recommend 1-year postponement

Mar 31, 2020 - 12:45 AM

A final decision on postponement will be made by the Paris-based Bureau International des Expositions

Construction workers are pictured on the site of the French pavilion building, which is scheduled to open during the Expo 2020, in Dubai on March 3 ,2020. (Photo by KARIM SAHIB / AFP)

Coronavirus shutdowns to hit Dubai's economic lifeline

Mar 23, 2020 - 11:30 PM

The Dubai economy, already stressed by a downturn, is poised to suffer a blow from the coronavirus

Sunbeds are seen empty at the Jumeirah Beach residence in Dubai on March 22, 2020 following the closure of all beaches by authorities amid the COVID-19 coronavirus pandemic. (Photo by GIUSEPPE CACACE / AFP)

Dubai economic slump to persist until 2022 – S&P

Sep 04, 2019 - 8:45 AM

Standard and Poor's expects low oil prices, the US-China trade war, and political turmoil to hurt Dubai's economy