Riyadh surges in global financial centers ranking as Dubai holds top 10 spot

RIYADH: Saudi Arabia’s capital climbed 15 places in the latest Global Financial Centres Index, marking one of the sharpest advances globally, while Dubai remained among the world’s top 10 as the Gulf strengthened its presence in international finance. Riyadh rose to 46th globally, with its rating increasing 25 points to 713 from 688, placing it fourth in the Middle East and Africa, behind Dubai, Abu Dhabi and Casablanca. Dubai ranked ninth globally, as its rating increased eight points to 750, d

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