Beirut Replacing Abu Dhabi as Most Expensive City in Middle East
The Mercer's 2012 Worldwide Cost of Living Survey found that Beirut is the most expensive city to live in this year in the Middle East.
According to the survey, Beirut is 67th most expensive city in the world, moving up eight notches.
Mercer's survey factors in the cost of living for 214 cities globally. The study measures the comparative cost of more than 200 factors in each location, including housing, transport, food and clothing costs.
The most expensive city in the region in last year's survey, Abu Dhabi, is the 76th most expensive city in the world to live in this year, which is down from 67 last year.
Tokyo is the most expensive city in the world for expatriates, displacing Luanda, Angola, which dropped to second place.
Top 5 most expensive cities, globally, for 2012:
1 Tokyo, Japan
2 Luanda, Angola
3 Osaka, Japan
4 Moscow, Russia
5 Geneva, Switzerland
Top 5 most expensive cities, in the Middle East, for 2012:
1 Beirut, Lebanon
2 Abu Dhabi, UAE
3 Dubai, UAE
4 Amman, Jordan
5 Riyadh, Saudi Arabia
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STRATEGIES & PLANS
A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.