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Dubai Holding needs $8.5b to build 'Mall of the World' project

Analysts say Dubai risks overbuilding again with spate of new projects

[DUBAI] Dubai Holding, the investment vehicle of the emirate's ruler, will need 25 billion dirhams (S$8.5 billion) to build an entertainment district that will include the world's largest shopping mall, its chief executive Ahmad bin Byat said on Tuesday. Sheikh Mohammed bin Rashid al-Maktoum