Dubai has secured its place as the leading city in the Middle East and Africa for the second consecutive year, according to the Global City Index 2024 by Brand Finance. The city also climbed to fifth place globally, outperforming cities such as Singapore, Los Angeles, and Sydney, with an impressive score of 86 out of 100, WAM reported.
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attributed the city’s success to the forward-thinking leadership of H.H. Sheikh Mohammed bin Rashid Al Maktoum and the Dubai Plan 2030. This strategic framework has enabled Dubai to strengthen its global competitiveness and achieve its ambitious goals.
Dubai’s rise in the Index reflects significant gains, particularly in reputation and job opportunities. The city now ranks first globally in reputation and investment appeal and has moved from 24th to 4th place for remote work opportunities. It also holds the second spot for economic stability and global significance, surpassing traditional leaders like London.
The emirate continues to be a hub for innovation, supported by initiatives like the Dubai Future Foundation, and ranks first in future growth potential. Its favorable corporate tax environment further positions it as a top investment destination. The city’s achievements extend to high-quality education and robust connectivity, bolstering its attractiveness for residents and global investors alike.
Dubai’s all-around performance in areas like tourism, work, education, and living underscores its commitment to progress, showcasing why it remains a model of growth and development in the region and beyond.