Abu Dhabi, Dubai leading ‘Cities of the Future’ for ’13

31/12/2012 08:07 AST

The Financial Times Foreign Direct Investment (FDI) Research Unit, said that a total of 19 Arab cities, including 5 Saudi cities, 2 Bahraini cities and one each in Qatar, Lebanon, and Jordan were included in its “FDI Cities of the Future List” for 2012/2013.

The latest list note that Dubai ranked first followed by Abu Dhabi as a preferred investment destination, in most survey aspects, notably the immense financial and infrastructural potential both emirates enjoy, making them a suitable, if not a perfect, business environment.

One of the most important aspects affecting foreign investment and maintaining the competitive position for Abu Dhabi and Dubai was the availability of skilled professional and specialized human resources.

Alongside Abu Dhabi and Dubai, the FDI list has placed Ras Al Khaimah on fourth position, Al Gharbia and Sharjah sixth and seventh, Al Ain tenth, followed by Al Fujairah in fourteenth place.


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