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Abu Dhabi, Dubai richest in MENA

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Abu Dhabi and Dubai topped the list of the Middle East and North African cities in terms of disposable income per capita in 2013 with $13,496 and $12,543 respectively. This was revealed by Economic Intelligence Unit (EIU), which covered 26 cities from 16 countries in the Middle East and North Africa (MENA) region.

The EIU considered, based on the disposable income criterion. Abu Dhabi and Dubai the richest cities in the region. They were followed by Riyadh in the third place with $11,700, Kuwait in the 4th place with $11,429 and Doha in the 5th place with $11,045. Istanbul came in the 9th place with $10,061, while Marrakech came last in the 26th place with $2,063, preceded by Algeria in the 25th place with $2,217.

In a report titled “Mena Cities Prepare for Opportunity” issued in January, the EIU said Dubai’s expenditure totaled around $29.7 billion in 2013, placing Dubai in the 5th place in the region, while Abu Dhabi’s expenditure totaled around $17.8 billion. During the same period, Dubai’s population totaled 2,367,493 compared with 1,317,388 in Abu Dhabi.

In contrast, Abu Dhabi came in the 9th place and Dubai in the 10th place in terms of the annual spending per capita with $8,956 and $8,841 respectively. Riyadh topped the list with $11,175, while Algeria and Basra came at the bottom of the list with $2,083 and $1,766 respectively.

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