How do overseas keep their savings,

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I am an overseas working in middle east would like to know where one should keep his savings.

1. Any credible bank in the country where you live
2. Some here and rest all to be kept in some good bank in Pakistan
3. Open a foreign currency account in some credible bank and keep all you money there.
4. Keep some here, some there and purchase property, gold or dollars for the rest of the savings.

What prompted me to initiate this thread - As per my colleague whose couple of friends got affected and had to loose good amount of their money during uprising in Libya. Situation in the rest of the gulf is more or less same so be wise to be proactive and take measures now itself to safeguard any eventuality.
You input would be appreciated.