Dubai Tops MENA in 2024 Global City Index Rankings
Dubai has once again been named the top city in the Middle East and North Africa (MENA) in the 2024 Global City Index, a prestigious report by Brand Finance. This marks the second consecutive year that Dubai has claimed the top spot in the region, thanks to its strong performance across multiple key performance indicators, highlighting its economic leadership in the MENA region.
In addition to its regional success, Dubai climbed four spots in the global rankings to secure fifth place, scoring 86 out of 100. This impressive achievement positioned Dubai ahead of world-renowned cities like Singapore, Los Angeles, and Sydney, cementing its reputation as a major global player.
Visionary Leadership and Strategic Growth
The city's progress reflects the vision of its leadership. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, attributed this success to the forward-looking leadership of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. Under the Dubai Plan 2030, the city is executing ambitious economic and social strategies, which have consistently pushed it up the ranks of global competitiveness.
The collaborative efforts of Dubai’s teams are a testament to the emirate's dedication to achieving its transformative goals. As Sheikh Hamdan explained, "We value every effort that has helped secure Dubai’s position as the top city in the Middle East and North Africa for the second consecutive year."
Dubai’s Key Rankings and Achievements
Dubai’s advancement in the Global City Index speaks volumes about its appeal on an international scale. Noteworthy achievements this year include:
- Reputation: Dubai rose from seventh to first place globally, ahead of cities like Sydney and London.
- Work and Remote Opportunities: The city made a dramatic leap, moving from 24th to fourth place in global rankings for local and remote work.
- Economic Strength: Ranking second worldwide for economic stability, Dubai’s thriving trade and logistics sectors have made it an attractive choice for investors.
- Investment Destination: Dubai is rated the top city globally for investment consideration, excelling in corporate tax benefits and growth potential.
- Global Significance: Ranked as the second most globally significant city, Dubai surpassed London in this category, reflecting its growing influence and reach.
A Hub for Innovation and Business
Dubai’s proactive approach to innovation and business has played a key role in its ascent. Initiatives like the Dubai Future Foundation have spurred the growth of start-ups and emerging tech, positioning Dubai as a frontrunner in future growth potential. The city's focus on ease of doing business and its third-place ranking in corporate tax attractiveness make it a hotspot for global investors.
Quality Education and Connectivity
Dubai also leads in creating an outstanding educational environment, ranking high in the ‘Great Private Schools’ and ‘Great Publicly Funded Schools’ indices. With top scores in ‘Local and International Connectivity’ and ‘Ease to Get a Visa,’ Dubai provides a seamless experience for residents, visitors, and investors alike.
Leading MENA Across Key Categories
Across the Middle East and North Africa, Dubai excelled in all categories, from local and remote work options to investment, living standards, retirement, and tourism. These achievements solidify Dubai’s status as a dynamic city of choice for people worldwide.
As Dubai continues to lead in global city rankings, it reinforces its role as a vibrant, forward-thinking hub for investment, innovation, and opportunity. With a clear vision for the future, Dubai is steadily shaping a global legacy that captures the aspirations of millions worldwide.