Dubai: Dubai has been ranked the top city in the Middle East and Africa in the ‘Global City Index 2024’ report issued by Brand Finance. Dubai maintained the top position in the region for the second year in a row, performing exceptionally across all key performance indicators and categories, reaffirming the city’s economic leadership in the region.
According to Emirates News Agency, Dubai also rose to fifth place globally in the Index, which evaluated 100 cities. With a score of 86 out of 100, Dubai surpassed major global cities such as Singapore, Los Angeles, Sydney, San Francisco, and Amsterdam, which ranked sixth through tenth, respectively. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, emphasised that Dubai’s success has been driven by the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum. Guided by the strategic framework of Dubai Plan 2030, the emirate is advancing in global competitiveness rankings across sectors.
His Highness expressed apprec
iation to all teams behind these achievements, highlighting their collaborative efforts in shaping Dubai’s success story. He noted that global accolades encourage the emirate’s teams to reinforce efforts to develop new strategic solutions to boost growth and excellence. “We value every effort that has helped secure Dubai’s position as the top city in the Middle East and North Africa for the second consecutive year,” he said. The report captures perceptions of quality of life and opportunities for work, investment, education, and retirement. Dubai ranks first globally as the most desired investment destination and leads in future growth expectations.
Dubai has climbed four spots in the Index this year, now ranking as the world’s fifth-best city brand. The city has made significant strides, ranking first globally for Reputation, ahead of Sydney and London. Dubai has seen impressive gains in consideration for local work opportunities and remote work. The city has been recognised as the second-best city of globa
l significance, surpassing London. Dubai’s strong economy is driven by its strategic role as a hub for international trade and its advantageous position bridging the East and West.
As a hotspot for innovation, Dubai’s initiatives, such as the Dubai Future Foundation, have helped the city secure the top ranking for future growth potential. Its third place ranking for attractive corporate taxation further solidifies Dubai’s position as a prime investment location. Dubai has made remarkable strides in creating a high-quality educational environment, excelling in ‘Local and International Connectivity’ and ‘Ease to Get a Visa’. In the Middle East and North Africa, Dubai led across all key performance indicators and categories, excelling in factors such as preference for local and remote work, investment, living, retirement, education, and tourism.