You are here

Reality check for Dubai developer's US$20m project

BT_20160112_DUBAI_2061430.jpg
Big investors nowadays prefer to be involved in realistic projects that generate cash quickly instead of expensive buildings intended to burnish Dubai's international image.

Dubai

MORGAN PARKER'S first job at one of Dubai's biggest developers was to tell his bosses everything that was wrong with their US$20 billion plan to build the world's largest mall and 100 hotels to surround it.

A lot, it turned out. The former head of the Rockefeller family's

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom