Abu Dhabi - Dh14.7b in FDI in financial sector
Wednesday, 09 13 2017, Category: Insurance and Reinsurance, Country: U.A.E
Abu Dhabi: Dubai and Abu Dhabi are ranked among the top 25 financial centres in the world in terms of their competitiveness, a survey reveals.
According to the 22nd edition of Global Financial Centres Index (GFCI), a ranking of the competitiveness of financial centres prepared by the Z/Yen group, Abu Dhabi has moved up three places to secure the rank of 25 from the previous position of 28.
Dubai has moved up seven places to be ranked 18th, having been 25th position previously.
The report is the result of a rigorous process from the GFCI, which measures 29,000 financial centre assessments, together with over 100 indices from organisations such as the World Bank and the Organisation for Economic Cooperation and Development.
The financial centres were ranked based on factors such as competitiveness, business environment, infrastructure, financial sector development, human capital, political stability and macroeconomic environment among others.