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Big events like World Expo and Olympics have huge impact on the local markets in whole variety of ways. How in your opinion will the World Expo win by Dubai affect the local business confidence, expectations and environment? What would be the boom industries in that case? What would be the macro social impact expected in such a case?
world expo win by dubai will have a positive impact on local business confidence. the boom industry will be airlines, travel agencies, accommodation services, shopping malls, tourism.
World Expo win by Dubai affect the local business confidence, expectations and environment they also start getting trust with an increase level .
The boom industries will start getting more boom
The macro socail impact will be increased and more people like to invest in them try to get their opinion as well
It will be a period where Dubaï will shine as the major happening place in the world.
Local business confidence will certainly growth-> i.e. Shanghai world expo in2010
Expectations are high to develop the country-> generally returns are over valued for the long term
Environment-> rarely good in the short term but can push good laws for the long term
Macro social impact-> similar to a soccer worldcup (everybody is super excited but it is mainly political to insure a world presence
Please give me your expectations, I would be interested to know