Sabah al-Binali's 1 minute round-up
Dubai punches above its weight
Hamza Behbehani, a seasoned Kuwait finance professional, tipped me off to the Mastercard Destination Cities Index released last month. One of the rankings is total overnight international visitor spending, where Dubai leads with US$28 billion in 2016. The next highest? New York with $17bn, only 60 per cent of Dubai. London, Singapore and Bangkok round out the top five. This is an absolutely amazing statistic especially when you compare the population of Dubai to that of the other cities.
Bravo, Dubai. Bravo.
Updated: October 5, 2017 04:11 PM