Dubai’s sustained position as a global hub for business and innovation was recently recognized by the Japan Mori Memorial Foundation’s Global Power City Index 2024 (GPCI). The UAE’s cosmopolitan emirate ranked eighth in the world and first in the region for its economic dynamism, commitment to innovation, and global connectivity.

“The city has created one of the world’s best environments for businesses to thrive, creative ideas to take shape, and individuals to realize 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,” said the Crown Prince.

“Dubai’s high ranking on global indices shows that we are not just keeping pace with the world, we are setting new benchmarks for excellence,” Sheikh Hamdan added. The Global Power City Index (GPCI) adopts a holistic assessment of major cities worldwide. Each city is evaluated based on its “magnetism”, or ability to attract and retain talent, capital and innovation.

Dubai showcased a holistic agenda for sustainable growth and development. Crown Prince Handan highlighted “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.”