Global Village is set to reopen its doors on October 16 for season 29. Dubai's open-air entertainment destination confirmed it will be increasing the number of things to see and do, with more pavilions, attractions and food options expected.
"This season, Global Village is expanding its offerings, featuring more cultural representations, never-before-seen entertainment, and exciting infrastructure upgrades," a representative says.
The family-friendly park only runs during the cooler months and shuts for summer. Closing dates have changed over the years, due to popular demand. Last year, for example, it was supposed to close on April 28, but remained open until May 8.
Last season, the venue received more than 10 million visitors in the six months it was open. This season, it is currently scheduled to remain open until May 11.
Season 28 of Global Village featured 27 pavilions, more than 3,500 retail outlets, 250 dining options and a staggering 40,000 shows. Among the highlights was Mini World, an attraction that housed miniatures of 25 global landmarks, from the Eiffel Tower in Paris to the Colosseum in Rome. It's not immediately clear whether this hotspot is set for a comeback.
The Carnaval was also a popular area last season, with more than 195 rides, games and attractions to enjoy, as well as a couple of Global Village classics such as Ripley’s Believe It or Not! Odditorium and the horror-themed attraction House of Fear.
The rabbit hole of food experiences was also a hit last season, especially among intrepid foodies. Nearly 300 pop-ups, stalls and restaurants were on site serving a mix of international fare. The central Floating Market, inspired by the vibrant street food scene in Asia, was a crowd favourite, as well as the Railway Market, which housed some of the venue's best dessert options.
Several new performances were shown for the first time last year, too, including the futuristic Cyber City Stunt Show, as well as other shows by the British Dhol Foundation and a circus troupe called Merry-Go-Round. An hourly fire and laser show, introduced last year, was also popular. The venue typically runs special events celebrating events such as Ramadan, Eid and New Year's Eve.
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Thursday 20 January: v England
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
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