Tuesday 26 November 2013

James Fleming, CEO of Arbuthnot Latham, says Expo 2020 win would mean jobs and money for Dubai | The National

James Fleming, CEO of Arbuthnot Latham, says Expo 2020 win would mean jobs and money for Dubai | The National:

"Dubai’s economy will benefit from a surge in job creation and private wealth generation if it is chosen to host Expo 2020 tomorrow, according to a senior private banker.

The award of the right to host the Expo would only bolster the UAE’s already impressive economic growth, said James Fleming, chief executive of Arbuthnot Latham.

“The UAE’s economy is forecast to grow by around 4.5 per cent this year, which is certainly healthier than growth in the UK,” said Mr Fleming. “The long-term ambition of Dubai is one of expansion, and if it wins Expo 2020 there will be 270,000 jobs added. All of that will continue to add to the whole wealth creation story, and hence the need for services like ours.”"

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