Dubai – Mubasher: Dubai moved up one position on the second edition of the Dubai Innovation Index, according to a report by the Dubai Chamber of Commerce and Industry.
The emirate secured the 15th position in the index, outperforming business hubs like Madrid, Milan, Shanghai and Moscow.
New York claimed the top position in the index, while London fell to fourth place after ranking first in 2015.
“European cities ranked higher in general due to an increase in investments on skills and talent, while GCC cities scored high marks in the political, economic and social indicators category,” according to the survey which analysed 28 top global innovation cities.