INTERNATIONAL. The report ranks Dubai as the 13th most important city in the world, and 8th in terms of growing in importance to HNWIs; For HNWIs from the Middle East and Africa, in terms of fastest growing in importance, Dubai is overshadowed by only London.
UAE. The total number of IPOs in Q3 2014 was lower than the previous quarter where we saw seven offerings. However, the total value in Q3 2014 was US$ 1.6 billion, which is a 78% increase in total value compared to Q2 2014.
UAE. Saudi Arabia had the largest rail project pipeline in the region with over US$100bn, including the Riyadh Dammam High-Speed Rail, which is currently under study, along with the Eastern Province Municipality - Dammam Metro.