UAE Cities Topped World’s Best City to Invest

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United Arab Emirates tourism hub, Dubai throne the title as World’s Best City to investUAE Cities Topped World’s Best City to Invest followed by the country’s capital city, Abu Dhabi.
Based on the Reputation Institute survey, among 18,000 respondents last year, Dubai came on top of the cities to invest in and Abu Dhabi comes 2nd. This achievement resulted Dubai as the strongest contender to host Expo 2020.
The two emirates outdo other cities like Zurich, Geneva and New York.
The respondents from the Group of Eight (G8) markets were asked based on their perception of which cities are the most attractive to visit, invest, live, work and buy from.
As expected, Venice and Paris got the two most popular places to visit, while Sydney and Vancouver appeared as the top two most recommended cities to live and work in and Tokyo and Munich resulted as the most preferred cities for shopping.
Talking about good reputation which attracts investments, countries with a good reputation welcome more tourists and attract more exports, foreign direct investments and talent. It has been said that most of the world’s investors would drove to Dubai and Abu Dhabi considering this factor.
Experts said that public perceptions can greatly affect, among others, the amount of investments that flow into a particular market. The more people feel comfortable and safe about a place, the more likely investors will put their money in.
The Reputation Institute also released recently the 2013 Country RepTrak Report, which gauged the reputation of countries. Out of the 50 countries included in the 2013 survey, the UAE finished 31st, with a score of 49.3, ahead of China, Russia, South Korea, Greece and Turkey, among others.
Canada topped the list as the world’s most reputable country for the third consecutive time since 2011, followed by Sweden, Switzerland, Australia and Norway.
The Reputation Institute, headquartered in New York City and which has presence in 30 countries, has been measuring people’s perceptions towards different cities and countries around the world since 1999.