Dubai among top 25 global cities for third consecutive year

 Dubai has retained its main place within the MENA area on Kearney’s World Cities Index, rating twenty third globally and claiming a spot within the prime 25 for the third consecutive yr.

Based on the report, outstanding rising hubs world wide, significantly within the Center East, have seen unimaginable features of their world metropolis efficiency amid a altering profile of globalisation—and a brand new distributed geography of alternative is rising. Abu Dhabi, for example, climbed ten spots on the worldwide rankings because it strengthened its place as a number one worldwide hub.

The World Cities Index (GCI) seeks to quantify the extent to which a metropolis can entice, retain, and generate world flows of capital, folks, and concepts. Cities are measured towards 5 key dimensions: Human Capital, Info Change, Cultural Expertise, Political Engagement, and Enterprise Exercise.

Common GCI scores have remained regular following a number of years of decline, with cities within the Center East and Africa enhancing markedly. Specifically, the capitals of the Gulf nations made main enhancements of their total scores, with Riyadh, Muscat, and Doha enhancing their total rankings by 9, eight, and 7, respectively.

This progress was primarily pushed by sturdy efficiency within the Human Capital dimension, as they capitalised on the return to pre-pandemic ranges of freedom of worldwide journey to draw massive volumes of migrant expertise and tourism.

Rudolph Lohmeyer, Kearney Companion, Nationwide Transformation Institute, commented, “As world commerce returns to normalised ranges, key cities within the Gulf have emerged as beacons of prosperity, resilience, and alternative. Their resilient financial efficiency amid difficult world circumstances, mixed with a concerted concentrate on selling liveability and expertise attraction, has drawn ever-greater numbers of expats, making them a exceptional success story within the post-pandemic world. A robust dedication to delivering on bold nationwide visions and sustaining a regenerative mindset is paying off.”

Whereas the GCI captures the present state of worldwide metropolis management, the World Cities Outlook (GCO) goals to determine these cities most probably to realize world prominence sooner or later. Right here, the emergence of a distributed geography of alternative was additionally current.

The report added that the European cities maintained a robust presence within the prime 30 rankings, whereas Asia’s world hubs, together with Seoul, Osaka, and Chennai, made important strides. Within the US, second-tier metropolitan areas carried out significantly properly, having efficiently attracted expertise and capital over the turbulent previous few years, positioning themselves as more and more formidable rivals to extra established world cities.

Because the fast development of synthetic intelligence (AI) and associated applied sciences continues, the intersection of this pattern with the already-underway shift towards distant work is predicted to additional scale back the importance of bodily proximity in domains historically linked to main cities, probably inflicting even higher disruption to world cities.

Brenna Buckstaff, Kearney Supervisor, Nationwide Transformations Institute, stated, “On this shifting world panorama of distributed alternative, top-tier world cities can’t take their positions as a right. The standard hierarchy of main cities will solely grow to be extra fluid sooner or later as alternatives for progress and enhanced productiveness grow to be much less concentrated throughout the coming waves of AI-driven innovation. These cities that undertake a regenerative mannequin – one which strikes past resilience and thinks proactively – can have a aggressive benefit.”
 

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