Arab News Japan
TOKYO: The Mori Memorial Foundation’s Institute for Urban Strategies, a research body established by leading Japanese urban developer Mori Building, has announced its latest Global Power City Index report on the overall strength of the world’s 48 major cities, and Dubai has cracked the top 10 for the first time.
Positions one through 10 remained unchanged, but Dubai rose from 11th to 8th, becoming the first Middle Eastern city in the top 10.
London (1st) and Singapore (5th) improved their scores by renewing strengths that had stagnated during the pandemic. New York was second, followed by Tokyo, Paris, Singapore, Amsterdam, Seoul, Dubai, Melbourne and Berlin.
London showed overwhelming strength in Cultural Interaction, especially with recovered performance in “Number of Foreign Visitors,” and Dubai also expanded its presence in this function.
Dubai rose to its highest ranking ever thanks to improved scores in Economy, Cultural Interaction, Livability and Accessibility. In Economy, it ranked 1st in “Corporate Tax Rate” and rose from 23rd to 10th in “Wage Level.”
In Cultural Interaction, it was 1st in “Number of Foreign Residents” and 2nd in “Number of Luxury Hotel Rooms.” It also was 1st in “Total Unemployment Rate” and “Workstyle Flexibility” (Livability) as well as “Average Driving Speed” (Accessibility).
