Dubai named No. 1 city in region for attracting talent, capital, ideas.
01 November 2023, 12:00 AM
30 November 2023, 12:00 AM
Kearney’s Global Cities Index released on Thursday, Dubai retained its leading position in the Mena region and global ranking among the world’s top 25 cities that can attract, retain, and generate global flows of capital, people, and ideas for the third consecutive year.
The report also ranked the emirate 23rd in its Global Cities Report, down one place from the previous year.
The emirate was rated higher than Barcelona, Istanbul, Boston, Frankfurt, Vienna, Miami, and other leading cities.
Being a commercial capital of the region, Dubai has been the top choice for multinationals that are setting up their head offices in the region - thanks to its world-class infrastructure; investor-friendly regulations; availability of the best talent; safety and security; and easy connectivity with other major cities.
Dubai is also a top recipient of tourist inflows and capital spending, attracting foreign capital and the best talent in the region.
The Kearney Global Cities Report rates cities based on five key dimensions – human capital, information exchange, cultural experience, political engagement, and business activity.
Abu Dhabi climbed 10 spots on the global rankings as it strengthened its position as a leading international hub.
Riyadh, Muscat, and Doha also saw their overall rankings improve by nine, eight, and seven places, respectively, primarily driven by strong performance in the Human Capital index.