Dubai becomes the first Middle Eastern city to rank among the top 10 cities in the Global Power City Index 2023

Dubai has been ranked among the top 10 cities in the world. Global Energy Cities Index (GPCI) 2023, a prestigious and internationally recognized classification published by the Institute of Urban Strategies of the Mori Memorial Foundation in Japan. The new ranking makes Dubai the first city in the Middle East to achieve this prestigious global recognition.

In the 2023 index, which ranks major cities based on their “magnetism” (or power to attract people, capital and businesses), Dubai rose three places to eighth place overall. The achievement cements Dubai’s position as a leading global city, driven by the vision of its leaders and the collective determination of its citizens and residents.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, The Crown Prince of Dubai and Chairman of the Dubai Executive Council said that Dubai’s progress in the Global Power City Index 2023 reflects the dedicated efforts to realize the vision of His Highness Sheikh Mohammed bin Rashid Al MaktoumVice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to achieve top-level global positions in various vital sectors and establish Dubai as the best city in the world to work and live.

congratulating His Highness Sheikh Mohammed bin Rashid on the emirate’s achievement as the first Middle Eastern city to feature on the prestigious list, Sheikh Hamdan saying:

“Our ambitions know no limits and, with the unwavering dedication of the people of our nation, we will continue to strengthen Dubai’s position as a model for the cities of the future, achieving milestones that set the global standard. Dubai’s excellence and achievements arise from the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, who propelled the city at an accelerated pace towards the pinnacle of leadership and excellence.”

His Highness Sheikh Hamdan bin Mohammed urged Dubai’s public and private sectors to persist in their efforts to establish Dubai as a model of sustainable development that places developing people’s capabilities and improving their quality of life at the forefront of their priorities. He underlined the government’s continued commitment to achieve new milestones in various indicators of global competitiveness and consolidate a creative and knowledge economy through the adoption and implementation of modern legislative frameworks and regulatory rules, carefully designed to address global changes. These efforts affirm Dubai’s ability to efficiently keep pace with the evolving landscape, she said.

“To cement Dubai’s position as a global economic power and its role as a catalyst for growth, we must cultivate world-class work environments that enhance our domestic talent and attract the brightest minds from around the world. “This commitment to excellence will drive holistic development, establishing Dubai as a global benchmark for sustainable economic prosperity and resilience.”

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In the 2023 index, Dubai maintained its fourth position within the Cultural Interaction parameter for the second consecutive year, surpassing Tokyo, Istanbul, Madrid, Moscow and Singapore.

Meanwhile, London, New York and Paris maintained the top three spots. The ranking is the result of Dubai’s commitment to enhancing its status as a cultural destination, a major center for creativity and one of the best cities to live and work. This effort aligns with Dubai’s cultural vision that aims to cement the emirate’s position as a global hub for culture, an incubator for creativity and a thriving hub for talent. Dubai has also maintained its first regional position in Cultural Interaction.

He Global Electric Cities Index (GPCI), published annually since 2008, is a global benchmark for measuring the performance and competitiveness of global cities. It is used by governments, companies and individuals to make decisions related to investments, immigration and travel. The index reflects the dynamic nature of cities and their ability to adapt and thrive in the face of global challenges. It provides a comprehensive overview of the position and impact of cities on the global stage. The index comprises six parameters, including economy, research and development, cultural interaction, liveability, environment and accessibility.

Dubai advanced in several sub-parameters within Cultural Interaction, ranking first globally in Number of Foreign Residents and second in Number of Luxury Hotel Rooms, strengthening the emirate’s cultural offering, creative environment and various tourist attractions.

The index further revealed Dubai’s excellence and leadership in several sub-indicators, covering labor flexibility, low unemployment rate and city cleanliness. He also highlighted Dubai’s success in hosting global exhibitions and events, attracting visitors and tourists and increasing the flow of travelers through its airports.

Today, Dubai is one of the most recognized cities in the world in terms of economy, finance, business, tourism and travel. It is also one of the most successful cities in attracting talent, with more than 200 nationalities of diverse origins living together in a tolerant and welcoming society. Dubai is also one of the most popular tourist destinations in the world.

News source: Dubai Press Office