• Visitors ride a bike at Expo 2020 Dubai. Cycling and walking will be a major part of the residential legacy site. Chris Whiteoak / The National
    Visitors ride a bike at Expo 2020 Dubai. Cycling and walking will be a major part of the residential legacy site. Chris Whiteoak / The National
  • A visitor rents a bike at the Expo site on a cool Wednesday afternoon. Victor Besa / The National
    A visitor rents a bike at the Expo site on a cool Wednesday afternoon. Victor Besa / The National
  • Visitors ride a bike at the Expo site on the first Sunday of the year. Chris Whiteoak / The National
    Visitors ride a bike at the Expo site on the first Sunday of the year. Chris Whiteoak / The National
  • From left, Romanian Ionela Hapencu, Italian Antonio Bellomo and Julia Mularczyk from Poland pose with Expo passports on rented bikes.
    From left, Romanian Ionela Hapencu, Italian Antonio Bellomo and Julia Mularczyk from Poland pose with Expo passports on rented bikes.
  • James from England is all thumbs up on his bike at the Expo site on a Sunday morning. Victor Besa / The National
    James from England is all thumbs up on his bike at the Expo site on a Sunday morning. Victor Besa / The National
  • A father and his son cruise around the Expo site on a rented bike.
    A father and his son cruise around the Expo site on a rented bike.
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, explores the Expo site on his bike. Photo: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, explores the Expo site on his bike. Photo: Dubai Media Office
  • The world's fair has encouraged visitors to use bikes to and from Expo bus stations. Photo: Expo 2020
    The world's fair has encouraged visitors to use bikes to and from Expo bus stations. Photo: Expo 2020
  • Dubai has been pressing ahead with its goal to promote the city as a cyclists' haven. Photo: Expo 2020
    Dubai has been pressing ahead with its goal to promote the city as a cyclists' haven. Photo: Expo 2020
  • More than 10 kilometres of cycling tracks were designed to allow visitors to explore the Expo site. Photo: Expo 2020
    More than 10 kilometres of cycling tracks were designed to allow visitors to explore the Expo site. Photo: Expo 2020
  • There are more than 200 bicycles available to rent across 23 stations at the Expo site, with more than 160 shaded bike stops in the area. Photo: Expo 2020
    There are more than 200 bicycles available to rent across 23 stations at the Expo site, with more than 160 shaded bike stops in the area. Photo: Expo 2020

Expo 2020 Dubai legacy site to become UAE's first '15-minute city'


Rory Reynolds
  • English
  • Arabic

The Expo 2020 Dubai legacy site will transform into a residential community once the world's fair is over — with cycling the main method of transport.

District 2020 will become the country's first “15-minute city”, meaning it will be possible to walk or cycle from end to end without the need for a car.

David Gourlay, director of architecture for District 2020, the name of the legacy site, took visitors on a cycling tour of the site on Wednesday. There is already a major focus on its future use, he said, with only 56 days to go until its grand finale.

“With Expo 2020 Dubai ending on March 31, we hosted this tour to highlight how the site will evolve into a fully integrated community, and a 15-minute city that offers workers, residents and visitors everything they need in close proximity,” he said.

“A big part of District 2020’s infrastructure is centred around health and well-being with the aim of promoting an active and balanced lifestyle.

“The site will feature smart mobility solutions that encourage sustainable and flexible means of movement, allowing people to travel safely and conveniently between their office and home.

“This includes a range of mobility options that link the site, such as a dedicated autonomous vehicle route, a 10 kilometre cycling track, interconnected, wide pedestrianised pathways and a 5km jogging track.”

Mr Gourley spoke after an event at Expo's Health and Wellness week. Examples from the International Well Building Institute (IWBI), Copenhagenize Design — an index providing a ranking of bicycle-friendly cities — and the Swedish Public Health Agency were also featured.

The Expo 2020 Dubai site forms of large part of Dubai's 2040 Urban Plan.

Much of the city's physical expansion to accommodate a projected population of 5.8 million is focused in the southern part, with expanded suburbs around Expo and Silicon Oasis.

Once the world's fair draws to close on March 31, work will begin on transforming the $8 billion site into a residential and commercial community. It is estimated that about 80 per cent of the structures will remain in some form.

The UK has already said it will open a hydrogen innovation centre with the UAE on the legacy site. Italy's government said it will run a “renaissance” legacy project at the site to preserve archaeological artefacts and art recovered from war zones.

Speaking to The National shortly before the world's fair began, chief experience officer Marjan Faraidooni said some of the largest buildings on site, such as the Mobility pavilion, were built with the future in mind.

“When we thought about the buildings, we automatically thought about what these buildings would be doing after the event is over. For this particular one — Mobility — the legacy is very flexible,” Ms Faraidooni said.

“We have worked closely with the architects on a design that allows us to shift and repurpose it as a commercial office building.”

Expo 2020 Dubai legacy plans: in pictures

  • About 80 per cent of the buildings will remain in some form. Many were constructed so that they could be transformed to residential units or commercial space
    About 80 per cent of the buildings will remain in some form. Many were constructed so that they could be transformed to residential units or commercial space
  • A rendering of what District 2020 will look like once the fair is over and the country pavilions are removed. There are plans to have 145,000 people live here. All photos: Expo 2020
    A rendering of what District 2020 will look like once the fair is over and the country pavilions are removed. There are plans to have 145,000 people live here. All photos: Expo 2020
  • Cycling and walking are a major part of the mobility plans for the area
    Cycling and walking are a major part of the mobility plans for the area
  • All amenities in the area will be reachable with a 15-minute walk
    All amenities in the area will be reachable with a 15-minute walk
  • Expo 2020 Dubai visitors can see plans for District 2020 at the experience hub in the Rove Expo 2020 hotel
    Expo 2020 Dubai visitors can see plans for District 2020 at the experience hub in the Rove Expo 2020 hotel
MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

COMPANY%20PROFILE
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The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

The Lowdown

Us

Director: Jordan Peele

Starring: Lupita Nyong'o, Winston Duke, Shahadi Wright Joseqph, Evan Alex and Elisabeth Moss

Rating: 4/5

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. 

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

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Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Scoreline

UAE 2-1 Saudi Arabia

UAE Mabkhout 21’, Khalil 59’

Saudi Al Abed (pen) 20’

Man of the match Ahmed Khalil (UAE)

The Meg
Director: Jon Turteltaub
Starring:   
Two stars

SPECS
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MATCH INFO

Alaves 1 (Perez 65' pen)

Real Madrid 2 (Ramos 52', Carvajal 69')

SQUADS

UAE
Mohammed Naveed (captain), Mohamed Usman (vice-captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan

Nepal
Paras Khadka (captain), Gyanendra Malla, Dipendra Singh Airee, Pradeep Airee, Binod Bhandari, Avinash Bohara, Sundeep Jora, Sompal Kami, Karan KC, Rohit Paudel, Sandeep Lamichhane, Lalit Rajbanshi, Basant Regmi, Pawan Sarraf, Bhim Sharki, Aarif Sheikh

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

Updated: February 03, 2022, 9:54 AM