CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Middle East Business

Dubai Holding needs $6.8bn for mega-mall

Published: 09 Jul 2014 - 12:12 am | Last Updated: 22 Jan 2022 - 05:25 pm

DUBAI: Dubai Holding, the investment vehicle of the emirate’s ruler, will need Dh25bn ($6.8bn) to build an entertainment district that will include the world’s largest shopping mall, Chief Executive Ahmad bin Byat said yesterday. “The way things are growing I think we are barely coping with the demand ... tourism is growing in Dubai,” Byat said . The “Mall of the World” entertainment district will including air-conditioned streets. Reuters