An influx of ultra-wealthy business tycoons from India has helped to cement Dubai as the city in the Middle East with the most billionaires.
The emirate is now home to the highest concentration of billionaires in the region - there are 14 of them - and ranks 18th globally.
Since 2007, the average per-capita wealth of billionaires residing in the UAE has dropped 10 per cent, though the number of billionaires has doubled, according to data from WealthInsight, which analysed more than 1,300 billionaires.
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