Dubai ranks among top 10 in Global Power City Index 2024

Dubai has secured the eighth position globally and is the top-ranked city in the Middle East in the Global Power City Index (GPCI) 2024, maintaining its place for the second consecutive year.

The GPCI, an annual study conducted by Japan’s Mori Memorial Foundation, evaluates cities based on their ability to attract people, capital, and enterprises.

Dubai’s performance underscores its growing leadership in areas such as innovation, economic dynamism, and global connectivity.

As the only Middle Eastern city in the global top 10, Dubai continues to reinforce its standing as a premier hub for business, talent, and investment.

The city’s consistent top-tier ranking highlights its enduring appeal on the global stage.

Dubai’s success and appeal linked to visionary leadership

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, credited the emirate’s success to the visionary leadership of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.

“Dubai continues to redefine what is possible, combining innovation, sustainability, and a focus on nurturing talent,” said Sheikh Hamdan. “The city has created one of the world’s best environments for businesses to thrive, creative ideas to take shape, and individuals to realise their aspirations while enjoying an exceptional quality of life. This achievement reflects not only visionary leadership but also the collective contributions of countless individuals who share a commitment to excellence.”

Sheikh Hamdan highlighted several factors that contributed to Dubai’s success, including its world-class infrastructure, which has become a magnet for global investment and talent. He pointed to the city’s flexible legislative framework, designed to foster innovation and keep pace with global trends.

“The city’s high ranking on global indices shows that we are not just keeping pace with the world, we are setting new benchmarks for excellence,” he added.

For the second year in a row, Dubai has been ranked first regionally and eighth globally in the Global Power City Index 2024 issued by the Mori Memorial Foundation’s Institute for Urban Strategies in Japan. Dubai is the first Middle Eastern city to achieve this distinction.

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— Hamdan bin Mohammed (@HamdanMohammed) January 5, 2025

Global Power City Index: Dubai ranks highly as a hub for business and lifestyle

Emphasising Dubai’s commitment to sustainable growth, the Crown Prince remarked, “We remain steadfast in our efforts to consolidate Dubai’s global status as a city of the future. By embracing strategic innovation and maintaining a strong commitment to excellence, we are creating new opportunities across industries.”

Dubai’s consistent performance in the GPCI reflects its focus on enhancing quality of life while driving economic growth. The city continues to attract global talent, businesses, and investors. As one of the fastest-growing cities in the index, Dubai remains committed to setting new standards in urban innovation, connectivity, and resilience.

The index ranks cities based on their “magnetism”, or their capacity to attract people, capital, and enterprises. It evaluates cities across six key functions: economy, research and development, cultural interaction, livability, environment, and accessibility.

This multidimensional approach provides a comprehensive ranking that reflects the diverse factors contributing to a city’s global appeal.