United Arab Emirates News

Dubai Ranks 8th Globally and 1st in the Middle East for Attracting People, Capital, and Companies

According to the Global Power City Index 2023 by the Mori Memorial Foundation’s Institute for Urban Strategies in Japan, Dubai has secured the eighth position globally and is recognized as the most powerful city in the Middle East for its ability to attract people, capital, and companies. The report highlights Dubai’s advancement by three positions in the ranking. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, expressed gratitude and emphasized Dubai’s commitment to excellence and global leadership. The city’s achievements align with ongoing efforts to enhance investor sentiment, attract foreign direct investment, and establish itself as a global economic powerhouse.

Dubai has been ranked 8th globally and 1st in the Middle East in the Global Power City Index 2023, showcasing its strength in attracting global talent, capital, and businesses. The city’s leadership is committed to sustaining and furthering its position as a global economic hub.

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