Expo 2020 Dubai is just weeks away from opening its doors to the world, but plans for the future of the site have already been laid out.
The experience hub located in the Rove Expo 2020 hotel will show visitors to the event exactly how the area will transform into a functioning part of the emirate once the fanfare has died down.
The location is set to be transformed into a “human-centric” city named District 2020.
Visitors will be able to see how the setting for the World Fair will eventually house a population of up to 145,000 people, along with businesses and public spaces.
“There is nothing traditional or standard about the design-thinking behind the Expo 2020 site,” said Ahmed Al Khatib, chief development and delivery officer.
With a plan for all city living amenities to be available within a 15-minute walk, District 2020 is attempting to set a new standard for urban living, with features such as ultra-fast 5G and autonomous vehicles.
Expo 2020 launches October 1 and will run until March 31.
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
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MATCH INFO
Everton 0
Manchester City 2 (Laporte 45 2', Jesus 90 7')
SPECS
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UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.