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Greater spending by local residents has offset the impact of falling tourist numbers on Dubai's retail sector, a senior executive at Majid Al Futtaim, owner of one of the city's biggest shopping malls, said on Monday.
The emirate is ranked the world’s 9th most expensive city for companies to locate employees, overtaking the likes of Shanghai and Rio De Janeiro, according to the Savills report. The ranking has dropped a notch since 2008 when Dubai was placed 8th in the index.
For the first time, the Delhi Metro has become an advertising ground for the political parties with BJP racing ahead of its rivals, including Congress, by putting 3,400 posters inside the train coaches so far.