WAM

Industry News

Dubai and Abu Dhabi Rank Among Leading Global Cities in BCG Study

Abu Dhabi and Dubai placed among the world's leading cities for economic opportunity and quality of life in Boston Consulting Group's Cities of Choice 4.0 report. Dubai ranked fifth globally for economic opportunities—the only Middle Eastern city in the top five—and twelfth in social capital while leading globally in social connections. The 80-city study found both UAE hubs consistently outperforming global averages across resident experience indicators.

Policy & Legal Updates

Dubai Ruler Issues Decree Forming Investment Corporation of Dubai Board

Sheikh Mohammed bin Rashid Al Maktoum has issued a decree establishing the board of directors of the Investment Corporation of Dubai. Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum was named Chairman, with First Deputy Ruler Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum serving as Vice Chairman. The decree took effect on its issuance date and will be published in the Official Gazette.