Dubai named one of the world’s most powerful cities
For the first time, Dubai has made the list of the world’s most powerful cities. According to the Global Power City Index 2017, Dubai ranks 23rd in the world and first place in the Middle East.
The index rates 44 cities using date to display their economy, research and development, cultural interaction, liability, environment, and accessibility. According to the GPCI, scoring is based on “their comprehensive power to attract creative people and business enterprises from around the world.”
London took the number one spot for the sixth year in a row, scoring highly in all areas. New York came in at number two, followed by Tokyo in third position. In fact, the top five is exactly the same as last year.
Dubai comes in at 23, behind Copenhagen (20), Brussels (21), and Chicago (22). The UAE city beat off competition from Barcelona (24), and Boston (25) who followed closely behind.
According to the summery of findings: “Dubai boasts strengths in Cultural Interaction (No. 9) and Economy (No. 11) mainly thanks to strong evaluations for Corporate Tax Rate in Economy, and Number of Luxury Hotel Guest Rooms in Cultural Interaction.”
Dubai also scored highly for number of foreign residents, as well as number of visitors from abroad.
Here’s the full list:
2 New York
9 Hong Kong
11 Los Angeles
17 San Francisco
29 Washington D.C.
31 Kuala Lumpur
38 Mexico City
39 Sao Paulo
40 Buenos Aires