Massive boost for Dubai jobs, tourism and real estate | The National

Massive boost for Dubai jobs, tourism and real estate | The National:

"

The economy of Dubai could have a massive boost over the next seven years and beyond thanks to the decision to award the city the right to host World Expo 2020.

Long-term job creation, as well as increased tourism, could benefit the real estate and hospitality sectors now and in the long term, according to a report by the real estate company, Jones Lang LaSalle.

However, care needs to be taken, particularly in the short term, to ensure that boosted sentiment doesn’t lead to an unsustainable situation forming in the real estate sector in particular, said Alan Robertson, regional chief executive of the company."

'via Blog this'