Dubai ranked among top 25 global cities for third year in a row

File Photo [For Illustration]

Dubai continues to hold its top spot in the MENA region, according to Kearney's Global Cities Index (GCI), ranking 23rd globally and claiming a spot in the top 25 for the third consecutive year.

The report highlights the significant strides made by emerging city hubs worldwide, especially in the Middle East.

These cities are witnessing remarkable improvements in their global city performances due to evolving globalisation and a new distributed geography of opportunity is emerging.

Abu Dhabi, for instance, climbed 10 spots on the global rankings as it strengthened its position as a leading international hub.

The GCI measures the capacity of a city to draw in, maintain, and produce global streams of capital, individuals, and ideas. The evaluation is based on five essential factors - Human Capital, Information Exchange, Cultural Experience, Political Engagement and Business Activity.

Despite a few years of decreasing GCI scores, the average has stabilised, with cities in the Middle East and Africa seeing significant growth. Gulf nation capitals, notably Riyadh, Muscat and Doha, have notably advanced in their overall rankings by nine, eight and seven places respectively.

More from Business News

  • India reviewing allegations of antitrust breaches by IndiGo

    India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.

  • DXB and DWC boost winter schedules with new routes

    Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.

  • Amazon in talks to invest in OpenAI

    Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.

  • DXB to welcome over 4.2 million guests over next two weeks

    Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.

Blogs