UAE'S COST OF LIVING ADJUSTS AMID RAPID ECONOMIC GROWTH: Dubai and Abu Dhabi have climbed the global cost of living rankings, securing the 18th and 43rd spots respectively, according to Mercer's report. Despite these changes, the UAE continues to exhibit robust economic growth and resilience, offering a promising outlook. Rising rental costs have been a key driver behind the adjustments. Dubai experiences the second-highest impact on rankings due to rent increases averaging 25 per cent. Abu Dhabi, on the other hand, sees relatively lower housing movement, with changes ranging between 6-8 per cent. Despite higher rankings, the UAE's cost of living remains competitive compared to major global cities. Its strong economic fundamentals, including non-oil economic expansion and wage growth, help counter inflation and contribute to the country's economic resilience. (By Nivetha Dayanand, Web Editor)