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UAE Risk Management Report: More mega-projects in Dubai; IMF warns of need for caution


Risk Management Reports
Issue 954 - 20 Sep 2013 | 1 minute read

Dubai is working hard to demonstrate it has regained its pre-crisis verve. In 2012, it unveiled a series of mega-projects, including Mohammed Bin Rashid city (to include 100 hotels and the world’s largest mall), a modern art museum and a replica of the Taj Mahal. The latest to be announced is a Dh1bn expansion of the Mall of the Emirates, which houses an indoor ski slope, by Majid Al Futtaim. There have been some questions over the wisdom of such grand development.

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