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Tuesday 19 August 2014

Dubai among world's top 10 most influential cities

Dubai’s global rise as a major attraction for tourists, businesses and entrepreneurs was further enhanced with a latest survey rating it among the most influential cities in the world.

The US-based, internationally reputed 'Forbes' magazine has rated Dubai as the 7th most influential city in the world, ahead of the many of its peers, including capitals of the developed countries.

The emirate was ranked ahead of global metropolitan cities of Beijing, Sydney, Los Angeles, San Francisco Bay Area, Toronto, Houston, Washington DC, Seoul and Shanghai. Dubai was the only city among the top 10 from the Middle East.

According to Forbes, London topped the ranking, followed by New York, Paris, Singapore, Tokyo and Hong Kong.

The rankings have been awarded to cities on the basis of the amount of foreign direct investment they have attracted; the concentration of corporate headquarters; how many particular business niches they dominate; air connectivity (ease of travel to other global cities); strength of producer services; financial services; technology and media power; and racial diversity.

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