It retained its place in the top 20 global cities, ahead of Madrid and Shanghai

Dubai is the first in the Arab world in the innovation index

Dubai has excelled in the pillars of flexible government and infrastructure.

From the source

Dubai Chamber revealed the results of the "Dubai Innovation Index 2019-2020", coinciding with its organization of the World Chambers Conference, where the Emirate of Dubai ranked first in the Arab world in the index, and retained its position among the top 20 global cities, while seven new cities were added to the cities included in the index, bringing a total of 39 global cities.

Excellence

Dubai’s solutions among the top 20 cities around the world in the innovation index highlight its superiority over leading global cities such as Madrid, Shanghai, Milan, Sao Paulo and Moscow. The launch of the Dubai Innovation Index report comes at a time when the UAE in general, and Dubai in particular, is showing remarkable success in Life is returning to normal and many sectors achieving strong growth rates, coinciding with the emirate's hosting of major international events of high standing, such as the Expo 2020 Dubai and the World Chambers Conference.

confidence and constancy

The Director General of the Dubai Chamber, Hamad Buamim, confirmed that the results of the report prove that Dubai is proceeding with confidence and steadfastness on the approach set for it by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to be an advanced global center for innovation, with the capabilities it provides. A supportive environment, regulatory frameworks, flexible legislation, highly developed infrastructure, and other factors that confirm Dubai's entitlement to this position, which soon develops in light of His Highness' vision and directives, and the follow-up and encouragement of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, to adopt Creative solutions and ideas to speed up the pace of work, improve results and raise the level of performance in various sectors.

pillars

Under the title "The road to recovery depends on enhancing flexibility and innovation," the report issued by the Dubai Chamber, in cooperation with the "PwC Middle East" Foundation, clarified the levels of innovation that the cities of the world have reached, especially during times dominated by uncertainty and rapid changes.

The Dubai Innovation Index report is based on five main pillars: infrastructure, financing, flexible government, business environment, and society.

The countries of the Middle East region, on average, showed good performance in the five indicators of the report, and their efforts to enhance the efficiency of the work of their smart governments came to the fore.

ranking

Dubai ranked 19th globally in the flexible government pillar in the Dubai Innovation Index, ahead of cities such as Beijing, Shanghai, Sao Paulo, Moscow and Milan.

Dubai also ranked advanced in the infrastructure index in the report, while it ranked 13th in the financing index in the report, as a result of the many financial opportunities it provides to investors.

Dubai ranked highly in the business environment index, while it ranked 15th in the community index.

An Emirati tool for assessing the digital readiness of the International Chambers of Commerce

Yesterday, the Dubai Chamber launched the "Digital Readiness" tool, in cooperation with the international company "Pricewaterhouse Cooper", with the aim of measuring the readiness of international chambers of commerce to adopt and use digital technologies.

This came during a session on the sidelines of the 12th edition of the World Chambers of Commerce Conference, which is being held in Dubai, in the presence of representatives of more than 100 chambers of commerce from all over the world.

The standard tool is designed in the form of a questionnaire to assess the digital capabilities of chambers of commerce around the world, and their readiness and ability to take advantage of technology to meet new business requirements. In the end, the tool provides a comprehensive assessment on the digital readiness of chambers of commerce.

• The index is based on 5 pillars: infrastructure, finance, flexible government, business environment, and society.

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