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Dubai says launching project to build world's biggest mall

Jul 05, 2014    

DUBAI (Reuters) - 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, Sheikh Mohammed bin Rashid al-Maktoum, said on 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 now begin, though the statement did not say when construction would be completed, how much it would cost or how it would be...

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