The strength of the relationship between the public and private sectors has helped the UAE to become a global leader in hosting large-scale events, just as revenue in the “experience economy” grows rapidly, the World Economic Forum in Davos has heard.
Sheikha Latifa bint Mohammed, chairwoman of Dubai Culture, told delegates that authorities in Dubai were skilled at keeping people safe while staging major gatherings, which required the public and private sectors to work closely together. Her comments at a panel session came in the wake of a string of major events being staged in the UAE, including Expo 2020 Dubai and concerts by many of the world’s top musicians.
The live events sector globally is in the midst of huge expansion, with annual revenue forecast to break through the $1 trillion barrier in the coming years.
In Dubai, partnerships with the private sector are key to successful large-scale events, Sheikha Latifa said during a session titled "Mass Events, Massive Gains".
“In my experience and the experience of Dubai, the government is in a position where it’s moving just as fast, if not faster, than the private sector,” Sheikha Latifa said.
“Couple that with all the investments that government has put into infrastructure, into different industries – into AI, into new technology – we have gained the trust of the private sector. From my experience in the cultural and creative sector, most if not all of our initiatives are actually executed by the private sector and that is hugely due to the trust they have in the government.”
Abu Dhabi and Dubai regularly stage major music concerts, having hosted artists including Madonna, Justin Bieber, Rihanna, the Rolling Stones and Guns N’ Roses. Coldplay’s four concerts at Zayed Sports City this month reportedly attracted 200,000 people.
There was one clear ethos at the heart of decision making by authorities in the UAE.
"There is one overarching goal within the government of the UAE and specifically the government of Dubai that feeds every strategy we work on and every initiative and every plan, and that is the happiness and the well-being of the people of Dubai and creating a better quality of life for people," she said.
"Culture is a very important part of social fabric. It's the thread that connects communities, it's the thing that formulates your self identity, your values, and it's the thing that really connects people and brings people together."
Events in numbers
The 2024 Paris Olympics and Paralympics sold 12.1 million tickets, a record figure for an Olympics, while Taylor Swift’s Eras tour in 2023 and 2024 grossed more than $2 billion in ticket sales – more than double the previous record, held by Elton John’s Farewell Yellow Brick Road tour, which ended in 2023.
Anna Marks, global chairwoman of Deloitte, cited market research, indicating that the global live events sector was growing by six per cent a year and would be valued at $1.2 trillion by 2032.
“The impact that has economically is really significant,” she said. “It’s not just on the wider economic picture, it’s actually locally, to people in the local communities. If you think about the influx of people into any one city for any one event, what that does for local communities, local businesses, your local cafe, retail outlets, accommodation providers, it’s really significant.”
Ms Marks highlighted news reports suggesting that in London alone, Swift’s tour generated £300 million (Dh1.36 billion) for the local economy.
Major events, Ms Marks said, also had a positive legacy, with the Olympics helping to support grass-roots sports programmes for children and leading to the renovation of public spaces.
Getting the balance right
Sheikha Latifa said intensive planning was the key to Dubai being able to maintain rigorous security at major public events while allowing visitors to feel free and enjoy themselves. At events such as Expo 2020 Dubai, which have “many heads of state visiting”, Sheikha Latifa indicated that security should not be intrusive.
“There’s rigorous security but at the same time there has to be a balance between heavy security and people feeling free and safe to roam around and to experience this mass event,” she said. “I think it all comes down to rigorous planning, it comes down to collaborations – locally and internationally – with security from the UAE and international security. We’ve seen it happen on the ground with so many delegations coming in, many on a single day as well. It comes to a lot of foresight, crisis management, role playing as well."
Governments in the region are increasingly hosting large events as part of wider efforts to change perceptions, said Sir Martin Sorrell, the chairman of the board of directors of S4 Capital, a major digital advertising company.
"What's really interesting in the Middle East is we're seeing nation branding on a scale that we've never seen before," he said. "What's happening in the Middle East is the rulers of the countries are really thinking about not jut the sports positioning, it goes much, much deeper. It's political, social, cultural."
Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
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hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
Profile of Tarabut Gateway
Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
Raised: $13 million
Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
About RuPay
A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank
RuPay process payments between banks and merchants for purchases made with credit or debit cards
It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.
In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments
The name blends two words rupee and payment
Some advantages of the network include lower processing fees and transaction costs
Points about the fast fashion industry Celine Hajjar wants everyone to know
- Fast fashion is responsible for up to 10 per cent of global carbon emissions
- Fast fashion is responsible for 24 per cent of the world's insecticides
- Synthetic fibres that make up the average garment can take hundreds of years to biodegrade
- Fast fashion labour workers make 80 per cent less than the required salary to live
- 27 million fast fashion workers worldwide suffer from work-related illnesses and diseases
- Hundreds of thousands of fast fashion labourers work without rights or protection and 80 per cent of them are women
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
'Texas Chainsaw Massacre'
Rating: 1 out of 4
Running time: 81 minutes
Director: David Blue Garcia
Starring: Sarah Yarkin, Elsie Fisher, Mark Burnham
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel
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It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Results
STAGE
1 . Filippo Ganna (Ineos) - 0:13:56
2. Stefan Bissegger (Education-Nippo) - 0:00:14
3. Mikkel Bjerg (UAE Team Emirates) - 0:00:21
4. Tadej Pogacar (UAE Team Emirates) - 0:00:24
5. Luis Leon Sanchez (Astana) - 0:00:30
GENERAL CLASSIFICATION
1. Tadej Pogacar (UAE Team Emirates) - 4:00:05
2. Joao Almeida (QuickStep) - 0:00:05
3. Mattia Cattaneo (QuickStep) - 0:00:18
4. Chris Harper (Jumbo-Visma) - 0:00:33
5. Adam Yates (Ineos) - 0:00:39