Dubai among the 25 best cities in the world for the third consecutive year
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Dubai has maintained its leading position in the MENA region in the Kearney Global Cities Index, ranking 23rd globally and achieving a place in the top 25 for the third consecutive year.
According to the report, leading emerging hubs around the world, particularly in the Middle East, have seen dramatic improvements in the performance of their global cities amid a changing profile of globalization, and a new distributed geography of opportunity is emerging. Abu Dhabi, for example, rose ten places in the world rankings as it strengthened its position as a leading international hub.
He Global Cities Index (GCI) seeks to quantify the extent to which a city can attract, retain and generate global flows of capital, people and ideas. Cities are measured on five key dimensions: human capital, information exchange, cultural experience, political engagement and business activity.
Average GCI scores have remained stable after several years of decline, and cities in the Middle East and Africa have improved markedly. In particular, the capitals of the Gulf nations made significant improvements to their overall scores, with Riyadh, Muscat and Doha improving their overall rankings by nine, eight and seven, respectively.
This growth was primarily driven by strong performance in the Human Capital dimension, as they capitalized on the return to pre-pandemic levels of international travel freedom to attract large volumes of migrant talent and tourism.
Rudolph Lohmeyer, Kearney Partner, National Transformation Institute, commented,
“As global trade returns to normalized levels, key Gulf cities have emerged as beacons of prosperity, resilience and opportunity. Their resilient economic performance amid challenging global conditions, combined with a concerted focus on promoting liveability and attraction of talents, has increasingly attracted “A greater number of expatriates, making them a notable success story in the post-pandemic world. “A strong commitment to delivering ambitious national visions and maintaining a regenerative mindset is bearing fruit.”
While the GCI captures the current state of global city leadership, the Global Cities Outlook (GCO) aims to identify those cities most likely to achieve global prominence in the future. The emergence of a distributed geography of opportunities was also present here.
The report adds that European cities maintained a strong presence in the top 30 rankings, while global hubs in Asia, including Seoul, Osaka and Chennai, made significant gains. In the United States, second-tier metropolitan areas have performed particularly well, having successfully attracted talent and capital over recent turbulent years, positioning themselves as increasingly formidable rivals to more established global cities.
As the rapid advancement of artificial intelligence (AI) and related technologies continues, the intersection of this trend with the shift already underway toward remote work is expected to further reduce the importance of physical proximity in traditionally linked domains. to large cities, potentially causing even greater disruption in global cities.
Brenna Buckstaff, Kearney Manager, National Transformation Institute, saying,
“In this changing global landscape of distributed opportunities, top-tier global cities cannot take their positions for granted. The traditional hierarchy of leading cities will only become more fluid in the future as opportunities for growth and higher productivity become available.” “Those cities that embrace a regenerative model, one that goes beyond resilience and thinks proactively, will have a competitive advantage.”
News source: Emirates News Agency
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