Dubai ranked 3rd most dynamic city in the world

Dubai ranked 3rd most dynamic city in the world

Also included in 'elite cities' list

Image: Sky Scraper City
Image: Global-Conferences

Dubai's business is booming, thanks to Expo 2020

Dubai's status as one of the most desirable places to do business has been cemented with a new ranking via the City Momentum Index - compiled by Jones Lang LaSalle, naming it the third 'most dynamic' city in the world, just after San Francisco and London. The rankings reflect how well a city is able to get ahead and meet its socio-economic goals. The city must be able to sustain the position over a long term and New York, Austin, Hong Kong, San Jose and Singapore were also featured in the top cities list. 

"Dubai is bouncing back following a deep slump in its economy and real estate market... property prices are rising but growth appears to be on a sounder footing than in... 2006-08, underpinned by the city's strong global connectivity and its status as the service hub for the region," the report said. The city's ranking also reflects its status as a staging point for the "increasingly dynamic sub-Saharan Africa".

Events such as Expo 2020 as well as Dubai's growing status as a service hub, will enable our city to support and be able to sustain the position.

Related articles

Buro 24/7 Selection