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Brand London: How will the capital change after Covid and Brexit? London s reputation has taken a bruising, but experts say the capital now has an opportunity to reinvent itself (Getty Images) As the UK gradually emerges from lockdown, the deserted streets of London are beginning to show hints of their former vibrancy. But a return to normality will be far from straightforward. Not only has London been left reeling from the Covid-19 pandemic, it is still working through the fallout from Brexit, which has sparked a bitter rivalry both domestically and with our neighbours across the Channel. City A.M. spoke to leading London business figures and brand experts about how this dual shock has impacted the capital’s status as a commercial and cultural powerhouse, and what can be done to ensure its future success. ....
Seoul losing attractiveness as global city Posted : 2021-03-10 16:12 Updated : 2021-03-11 09:31 By Bahk Eun-ji Seoul Metropolitan City has been losing competitiveness in terms of its business and residential environments, according to reports, Wednesday. The Federation of Korean Industries (FKI) analyzed the Global Cities Report issued by the U.S. consulting firm A.T. Kearney and the Global Power City Index (GPCI) by Japan s Institute for Urban Strategies at the Mori Memorial Foundation, and found that Seoul s urban competitiveness has been on a continuous decline since 2015. A.T. Kearney said Seoul s ranking on its Global Cities Index (GCI), which shows urban competitiveness, sank from 11th in 2015 to 17th in 2020, among the 150 cities studied for its report. Compared to this, the rankings of San Francisco and Shanghai rose significantly from 22nd to 13th and from 21st to 12th, respectively. ....
Dubai is top-of-the-class in the Middle East… Dubai continues to position itself as a key player on the world stage, achieving its highest ever ranking on the Global Power City Index. Now ranked 17th on the influential global list, Dubai is the only city in the Middle East to be named in the top 20. The Global Power City Index accesses 40 major cities on six factors including economy, research and development, cultural interaction, liveability, environment and accessibility. According to the report’s authors, the Global Power City Index uses these metrics to determine “their ‘magnetism,’ or their comprehensive power to attract people, capital, and enterprises from around the world.” ....
Dubai: With more than 200 nationalities living and working in Dubai, the emirate has learned to successfully cater to other cultures and clinch the title for the best city in the Middle East for cultural interactions in 2020. According to the latest publication issued by the Institute for Urban Strategies - Mori Memorial Foundation, Japan, it has recently ranked Dubai first in the region and sixth globally in cultural interaction on the Global Power City Index 2020. The cultural interaction factor measured the performance of cities in terms of trendsetting potential, tourism resources, cultural facilities, availability of visitors’ amenities and international interaction. Hala Badri, Director General of Dubai Culture and Arts Authority (DCA), said: This global achievement for Dubai comes in line with the Authority’s strategy and efforts to position the emirate as a global centre for culture, a coveted destination of choice by all arts and culture enthusiasts, a beaco ....