Bahrain Drops 8 Places in Global List of Financial Centres
2018-09-16 - 12:01 ص
Bahrain Mirror: The Global Financial Centres Index, produced by China Development Institute and Z/Yen Partners, showed that Bahrain dropped eight places to 59th out of a total of 110 centres analysed.
On the Arab level, Riyadh fell to 69th, i.e. 10 places after Bahrain, Abu Dhabi fell one place to 26th, while Dubai has jumped four places to 15th and Doha also rose to reach the 34th.
Globally, New York took first place in the index, just two points ahead of London. However both centres fell slightly in the ratings. Hong Kong is now only three points behind London while Shanghai overtook Tokyo to move into fifth place in the index gaining 25 points in the ratings.
Beijing, Zurich, and Frankfurt moved into the top 10 centres, replacing Toronto, Boston, and San Francisco.
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