DUBAI - Dubai has stepped up its work on a
possible bid to host the 2020 Olympic Games by setting up a committee
to supervise the project, WAM state newsagency reported on Tuesday.
"An executive sub-committee was formed to oversee plans for the 'Dubai 2020'," it said.
Dubai's
ruler Sheikh Mohammed told the inaugural meeting of the Dubai 2020
working group on Monday that it is "not impossible" for the emirate to
win the bidding to host the Olympics, WAM added.
"Nothing is
impossible as long as we have the determination for change," Sheikh
Mohammed, who chaired the meeting, was quoted as telling group members.
Dubai,
part of the seven-member UAE, witnessed a six-year real estate and
financial boom but has suffered as a result of the global financial
crisis.
Rome and Venice are reportedly preparing to bid for the
2020 summer games. Other cities including Cape Town, Durban, and Rabat
have also been mentioned as possible candidates
Palermo in Italy said last month that it would bid while Hiroshima and Nagasaki are considering a joint bid.