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Dubai Advances World’s Biggest Mall Project

Dubai is launching a project to build an entertainment and hotel district that will include the world's largest shopping mall, the emirate's ruler, Sheik Mohammed bin Rashid al-Maktoum, said Saturday. Plans for the “Mall of the World” project were originally revealed 18 months ago, helping to trigger a strong rally in Dubai's real estate and stock markets. Saturday's announcement appeared to indicate that substantial work on the project would begin, though the statement...

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