Dubai `best city in world` for investors: Survey

Dubai is reportedly the best city in the world for investors, according to a survey, making it a strong contender to host Expo 2020. According to the Reputation Institute that surveyed 18,000 respondents last year, Dubai came on top of the list, followed by Abu Dhabi in the second place and the two United Arab Emirates (UAE) cities beat other cities like Zurich, Geneva and New York. The Gulf News reports that the Group of Eight (G8) markets were surveyed based on their perception of which cities are the most attractive to visit, invest, live, work and buy from, adding that the ranking was a part of the 2012 City RepTrak report that looked at the world”s most reputable cities. The report mentioned that participants were asked to rate the markets based on the degree of respect, trust, admiration and emotional link that they had for a place, with experts saying that public perceptions can greatly affect the amount of investments that flow into a particular market. The markets included in the survey had either the largest population or gross domestic product, or enjoyed the highest amounts of tourism, the report added.

–IANS