CURRENT AFFAIRS

Detailed explanation-1: -BIE agrees proposal to postpone Expo 2020 Dubai, final vote by May 29. The Executive Committee of the Bureau International des Expositions (BIE), the World Expo governing body, has unanimously agreed to propose the postponement of Expo 2020 Dubai to October 1, 2021 – March 31, 2022.

Detailed explanation-2: -Expo 2020 (Arabic: 2020) was a World Expo hosted by Dubai, in the United Arab Emirates, from 1 October 2021 to 31 March 2022. Originally scheduled for 20 October 2020 to 10 April 2021, it was postponed due to the COVID-19 pandemic in the United Arab Emirates.

Detailed explanation-3: -Dubai: Pavilion at the Expo 2020, which is being held here from October 2021 to March 2022, will remain open for an extra hour as the world fair enters its last month.

Detailed explanation-4: -Transitioning into Expo City, the Expo 2020 Dubai site will live long after we close our doors at the end of March 2022. This sustainable, human-centric smart city will reuse at least 80% of the Expo-built infrastructure, including LEED Gold and Platinum-certified buildings.

Detailed explanation-5: -"It definitely fell short of what officials would have wanted, ” said James Swanston, an economist at Capital Economics. “There were extremely optimistic assessments about Expo driving the next five to 10 years of growth in real estate and business, and Covid disrupted that."