Dubai ranked 12th globally in the list of cities in the world for generous spending, according to the "Lifestyle" index. Singapore remains the most expensive city in the world, spending on luxury goods such as jewelry, footwear, and services, including food, healthcare, and education.
According to the report by Julius Baer, Hong Kong jumped one spot, compared to last year, to second place, while London rose one place to third place.
Europe, the Middle East, and Africa went from being the most affordable region in 2023 to the most expensive region, with significant price increases.
Source (Al-Khaleej Emirati Newspaper, Edited)
