Kearney releases 2022 Global Cities Report

  • Date: 24-Oct-2022
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Kearney releases 2022 Global Cities Report

Dubai, UAE: Dubai retains its number one spot in the MENA region on Kearney’s Global Cities Index and moves up one spot to 22nd globally, its highest ranking to date. The city demonstrated growth in business activity, human capital and political engagement through the course of the year. The UAE capital city, Abu Dhabi, also jumped up a spot on the global rankings, owing to increased business activity and political engagement.

The Global Cities Report, by management consultants Kearney, looks at the impact of socio-economic and political developments on cities and their futures. It seeks to quantify the extent to which a city can attract, retain, and generate global flows of capital, people, and ideas.

Abdo Al Habr, Kearney Partner, Public Sector in the Middle East, notes that “Cities around the world have shown declining scores on the Index over the last six years—an indication of de-globalization that predates the pandemic. This year, while indicators of business activity and human capital have softened across the globe, the MENA region has displayed promise. In the Middle East, governments have been proactively setting targets for socio-economic development for years now, and it is this prudent, systemic strategy that has shaped their positive futures.”

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