BENGALURU: Although New York, London and Tokyo have always been at the top of the list that entitles the world’s biggest hubs, there are even many fastest growing financial centres which are emerging as a challenge to these top cities. Some of the new cities have been competitively beating up the positions of these top 3 financial centres.

The Business Insider has revealed a list of such fastest growing financial centres in the world. The following are the newly emerging challengers with strong financial backgrounds:

1. Riyadh: Riyadh, the capital of Saudi Arabia and Riyadh Province, tops the list of the fastest growing financial hubs all over the world. It has substantially boosted up its economic situation and even it has plans to open its financial market to attract foreigners.

Riyadh is the most expensive city in Saudi Arabia. A number of banks, factories and private companies are headquartered in the city which actively takes part in the economic growth.

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