Dubai has been ranked among the top 10 cities in the Global Power City Index (GPCI) 2023, a league table issued by Mori Memorial Foundation’s Institute for Urban Strategies in Japan.
The new ranking makes Dubai the first city in the Middle East region to achieve this global recognition, the Dubai Media Office said in its statement.
In the 2023 index, which ranks major cities on to their ‘magnetism’, or power to attract people, capital and enterprises, Dubai rose three places high to eighth position overall.
The Crown Prince of Dubai and Chairman of Executive Council of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said there is no limit to our ambitions and with strong dedication of our nation’s people, Dubai will strengthen its position as a model for other cities in future to achieve milestones that set global standard.
In the 2023 index, Dubai retained its fourth position for the second consecutive year within the Cultural Interaction parameter by surpassing Tokyo, Istanbul, Moscow, Madrid and Singapore. London, New York and Paris maintained the top three spots.
The Global Power City Index which has been published annually since 2008 is a global benchmark for measuring the performance and competitiveness of global cities. It is used by businesses, governments, and individuals to make decisions pertaining to immigration, investment, and travel.
