Falcon and Associates

‘Dubai among world’s top 10 fastest growing city economies’


Dubai has been ranked among the top 10 cities powering economic growth in their nations, according to the Brookings Institution...


Dubai has been ranked among the top 10 cities powering economic growth in their nations, according to the Brookings Institution. Its report ranked the emirate fifth worldwide for 2014, up from 18th the previous year. Dubai’s growth was boosted by a 4.7% annual rise in employment, the report found, while it also recorded the fastest growth relative to its national economy with a 4.5% rise in GDP per capita, versus 1.6% for the UAE as a whole. The other nine fastest growing city economies were all in China and Turkey, in the following order: Macau, Izmir, Istanbul, Bursa, Dubai, Kunming, Hangzhou, Xiamen, Ankara and Fuzhou.

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