Dubai is one of only four cities in the world where the rent for an average unfurnished three-room apartment is more than $3,000 a month, according to a recent study.
The other cities include London at $3,350,
Despite being recognised as a relatively inexpensive city, the cost of imported goods and safe living conditions in the country are available at a steep price, said Mercer's 2015 Cost of Living Survey.
Dubai and Abu Dhabi in the UAE are the most expensive cities in the Middle East for expatriates, as Jeddah, Saudi Arabia continues to be the least expensive city in the region, a report said.
Dubai and Abu Dhabi have been
A BD1.2 million ($3.1 million) CNC machining centre is the most expensive equipment on display at this year's Gulf Industry Fair (GIF) in Bahrain.
Made by Italian firm Emmegi, the machine has been brought to the fair by Anwar
A house in London worth $1.58 billion has taken the very first place as the most expensive house in the world, beating the Buckingham Palace, the $1.55 billion royal residence of British kings and queens, according to a report.
Does having the most expensive car matter to a celebrity? Apparently not to David BeckhamNor does he care that his Rollys-Royce Phantom Drophead is the slowest in top speed and acceleration rate among the top 10 most expensive celebrity cars fea
Qatar made a billion dollar error when it built its liquefied natural gas (LNG) shipping fleet in the last decade, and now consumers may have to pay for the misstep, according to industry experts.
The world's biggest LNG producer is ab
Britain's loss-making Guardian paper, which has led the exposure of a phone-hacking scam at Rupert Murdoch's News of the World tabloid, is to hike its cover price by 20 per cent, making it the country's most expensive newspaper.
Dubai is among the ten most expensive office markets in the world, a report on global office rents by commercial real estate services company CB Richard Ellis (CBRE) showed.
The report said office rents in Dubai have recorded $108.92 per s