Tel Aviv ranked among world’s top financial centers

The 2015 Global Financial Centers Index (GFCI), released Tuesday, ranked Tel Aviv 25th among the world’s top financial cities.

Published twice a year, the GFCI—compiled by the Z/Yen Group, a London-based commercial think tank—ranks the world’s 84 leading financial cities based on data from the World Economic Forum, the United Nations, the World Bank, the Organization for Economic Cooperation and Development, and other sources.

As the world’s 25th most-robust financial center, Tel Aviv outperformed major cities such as Abu Dhabi (ranked 28th), Beijing (29), Stockholm (32), Rio de Janeiro (35), Amsterdam (36), Paris (37), Oslo (67), Moscow (78), and Madrid (79).

Hila Oren—director of Tel Aviv Global, a municipal company dedicated to improving the city’s international appeal—said the ranking “reflects the municipality’s tireless efforts to position Tel Aviv as a global financial center and the gateway to the Israeli market.”

By: Israel Hayom/Exclusive to JNS.org