“Driven by the farsighted policies of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the emirate has emerged as one of the world’s great metropolises and a prominent global cultural centre, a dynamic hub for creativity and a destination for talent,” he noted. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said the improvement in the city’s rankings reflects the leadership’s vision to make the emirate the world’s best city to live, visit and work. The index evaluates and ranks the major cities according to their "magnetism," or their comprehensive power to attract people, capital, and enterprises from around the world, measuring six functions – economy, research and development, cultural interaction, livability, environment, and accessibility.The rankings are derived from scores on six parameters: Economy, research and development, cultural interaction, liveability, environment, and accessibility. The 2019 index found the British city of London as the world's most powerful city followed by New York, Tokyo, Paris and Singapore. Seoul earned higher marks in research and development, where it ranked fifth, but placed lower in the categories of economy and natural environment at 22nd and 34th, respectively. The South Korean capital ranked seventh in 2011 and moved up to sixth the next year it retained the place for the next five years before slipping to seventh in 2018. Seoul City ranked seventh in a global city ranking of the world's 48 major cities.Īccording to the Global Power City Index (GPCI) compiled by the Institute for Urban Strategies at the Mori Memorial Foundation in Tokyo, Seoul retained the seventh spot for the second consecutive year in the annual ranking that evaluates comprehensive competitiveness.
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