Dubai Secures Top Spot in 2024 Global Power City Index for Second Year
Dubai ranked 8th globally and 1st in the Middle East in the Global Power City Index (GPCI) 2024
Dubai is the only Middle Eastern city in the top 10, reinforcing its status as the global business hub.
Ranking attributed to the visionary leadership of Sheikh Mohammed bin Rashid Al Maktoum.
Dubai's infrastructure, legislative framework, and public-private partnerships are key success factors
The city attracts global talent, businesses, and investors with a focus on the quality of life and economic growth.
Dubai sets new benchmarks for excellence, urban innovation, connectivity, and resilience.
GPCI measures cities' "magnetism" across economy, R&D, cultural interaction, livability, environment, accessibility
Dubai remains committed to strategic innovation and excellence to create opportunities across industries.
The high ranking reflects Dubai's ability to redefine possibilities, nurture talent, and foster business growth.
Achievement result of collective contributions and shared commitment to excellence
Dubai: A Global Powerhouse for Business, Innovation, and Livability
Dubai has once again solidified its status as a global leader, securing the 8th position in the 2024 Global Power City Index (GPCI). This marks the second consecutive year Dubai has achieved this distinction, maintaining its dominance as the top-ranked city in the Middle East. The GPCI, conducted by Japan’s Mori Memorial Foundation, evaluates cities based on their magnetism—their ability to attract people, capital, and enterprises.
Setting Global Benchmarks
Dubai’s success in the GPCI highlights its unparalleled leadership in innovation, economic dynamism, and global connectivity. The emirate stands as the sole Middle Eastern representative in the top 10, alongside cities like London, New York, and Tokyo. This achievement underscores Dubai’s growing prominence as a global hub for business, investment, and talent.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attributed this success to the visionary leadership of Sheikh Mohammed bin Rashid Al Maktoum. “Dubai continues to redefine what is possible, combining innovation, sustainability, and a focus on nurturing talent,” he said.
Infrastructure and Innovation: The Foundation of Success
Dubai’s world-class infrastructure is a key factor behind its global appeal. The city’s robust legislative frameworks foster innovation and adaptability, while its public-private partnerships create a collaborative ecosystem that drives growth. The commitment to sustainability and strategic innovation is evident across industries, creating new opportunities for businesses and residents.
The GPCI evaluates cities based on six key dimensions: Economy, Research and Development, Cultural Interaction, Livability, Environment, and Accessibility. Dubai’s consistently high rankings across these categories reflect its comprehensive approach to urban development and governance.
A Magnet for Talent and Investment
Dubai’s strategic focus on enhancing quality of life has made it a magnet for global talent and investors. The city continues to attract the world’s leading minds and enterprises by offering a business-friendly environment and unparalleled living standards.
The emirate’s success reflects not just its infrastructure but also its adaptability in a rapidly changing global landscape. Its flexible legislative framework ensures that Dubai remains at the forefront of innovation, meeting global trends head-on.
Commitment to Sustainability
Sheikh Hamdan emphasised Dubai’s steadfast dedication to sustainable growth, noting, “We remain committed to consolidating Dubai’s global status as a city of the future.” The city’s focus on environmental sustainability and urban resilience drives its continued ascent in global rankings.
A Bright Future
Dubai’s top-tier position in the GPCI is a testament to its resilience, ambition, and innovative spirit. As the city continues to set new benchmarks for urban excellence, it reaffirms its status as a dynamic hub where businesses thrive, creative ideas flourish, and individuals achieve their aspirations.
With a focus on innovation, sustainability, and quality of life, Dubai is not just keeping pace with global trends but setting the standards for the future.
