Tel Aviv ranked 50th most global city

American magazine Foreign Policy released its Global Cities Index for 2010, ranking New York as top city, and Tel Aviv as 50, on Tuesday.
The Global Cities Index shows a shift from West to East, with five of the world's ten most global cities in Asia and the Pacific: Tokyo, Hong Kong, Singapore, Sydney and Seoul. Four Middle Eastern cities can be found on the list: Tel Aviv, Dubai (27), Istanbul (41), and Cairo (43).