These Are World's 7 Most Influential Cities


BANGALORE: Forbes has come up with a list of the World’s Most Influential Cities 2014. The rankings are based on the eight factors including foreign direct investment; concentration of corporate headquarters; number of business niches the cities dominate; air connectivity; strength of producer services; racial diversity; financial services; and technology and media power.

Among the Indian states, Mumbai and Delhi comes at 31st and 34th rank respectively. Read on to know the 7 most influential cities in the world.

Dubai:

One of the foremost cities on the planet, Dubai has been ranked as the seventh most influential city in the world; thanks to its air connectivity with non-stop flights at least three times a week to 93 percent of global cities outside of its home region boosted.

This city also has the world’s largest terminal and an even larger airport being built. Offering “business-friendly” climate, it turns out to be a favorite spot for companies interested in establishing a Middle East presence.

Dubai had a five-year average of 245 foreign direct investment transactions and attracts a huge amount of foreign direct investment (FDI) every year. It was ranked 25th in last year’s Global Financial Centres Index from the Z/Yen Group, which assessed the competitiveness of the cities.

“As a crossroads of humanity, Dubai is unparalleled among global cities for its diversity: 86 percent of its residents are foreign-born,” reports Forbes.

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