Abu Dhabi, Dubai, Sharjah in ME’s top five cities

 

Khaleej Times

Abu Dhabi, Dubai and Sharjah have made it to the list of the Arab world’s top five cities to live in, according to a recent survey.

Conducted in part by the job-search website Bayt.com, the survey identified the top cities in the Middle East in terms of several factors that affect the lives of residents, including labour rights, the environment, socio-cultural factors, and quality of life. According to the survey’s respondents, the top five cities in the Arab world to live in are, in order: Abu Dhabi, Dubai, Sharjah, Manama, and Muscat.

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UAE tops in the region and ranks fourth globally in electronic security

Gulf News

Dubai – The UAE has been ranked the first regionally and fourth globally in the field of advanced electronic security, up by 31 ranks, compared to the previous year, according to “Competitiveness Yearbook World 2012″ issued by the International Institute for Management Development.

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Buy Dubai property, says US investment bank

Arabian Business

A strong growth in population, realistic targets for job creation and excellent existing infrastructure make Dubai real estate a worthwhile investment, according to bullish research from one of America’s biggest investment banks, Bank of America (BofA) Merrill Lynch.

The report, released on Wednesday, cited plans to create 950,000 new jobs in the emirate by 2020 as “ambitious and realistic” and said that it was “feasible that Dubai’s population could more than double over the next ten years”, creating demand for local property.

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UAE eyes more foreign tie-ups in oil, gas projects

Reuters

The UAE is likely to allow more foreign partners, especially from Asia, to take stakes in its oil and gas concessions, the chief executive of Abu Dhabi Marine Operating Company (ADMA-OPCO) said on Tuesday.

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Standard & Poor’s expect to see steady recovery of Gulf Banks

Gulf News

Dubai: Standard & Poor’s Ratings Services expects Gulf banks to continue their steady recovery from the 2008 crisis and remain isolated from eurozone turmoil for the rest of 2012 and 2013, according to a report “Gulf Banks Shrug Off Eurozone Turmoil To Continue Steady Recovery From 2008 Crisis.”

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