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 financed. “The project will be built in phases in alignment with the gradual growth of family tourism in Dubai,” said Mohammed Abdullah al-Gergawi, chairman of Dubai Holding [DUBAH.UL], which is Sheikh Mohammed's personal investment vehicle and will develop the project. The latest version of the plans includes construction of an 8 million square foot (743,000 square meter) mall, connected to a theme park, theaters, medical tourism facilities and 100 hotels and serviced apartment buildings with 20,000 rooms. The complex would be able to host 180 million visitors annually. Seven kilometers (4.4 miles) of promenades connecting the facilities would be opened to the air during the winter but covered and air-conditioned during the hot Gulf summer. Dubai is still recovering from its 2009 debt crisis and the International Monetary Fund has warned a slew of new real estate projects could lead to another boom-bust cycle. But officials say they are able to handle the risks, and a strong economy is helping Dubai's government-linked firms restructure their debt. (Reporting by Andrew Torchia; Editing by Stephen Powell)
Christina Bobb's comments on Fox News sounded more like an admission to some of Trump's critics.
Newly unsealed documents from the FBI raid on Mar-a-Lago put Trump in even worse legal peril, experts say
A federal judge unsealed documents Thursday that contain new information on the legal woes facing Donald Trump over the Mar-a-Lago search.
- The Root
Previously The Root wrote about how Senate Republicans have no plan to present to the American people as to why they should take control after the midterm elections. Senate Minority Leader Mitch McConnell isn’t helping matters by thinking people still have stimulus money to spend as inflation remains high. With 21 Republican seats up for election, McConnell is facing the hard realization that he may not be getting the Majority title anytime soon.
Ex-official who investigated Hillary Clinton's emails said there would be evidence if Trump declassified documents: 'It can't just be an idea in his head'
"Programs and officials would have been notified," former DOJ official David Laufman said of Trump's claim he declassified all the Mar-a-Lago docs.
- Rolling Stone
The singer-songwriter hops on a boat and rows away from the shore in the new visual for the Solar Power closer
- Business Insider
Former Trump aide Stephanie Grisham thinks there's nothing surprising on Mar-a-Lago surveillance tapes: 'I think what we would see is hardworking FBI agents doing their jobs'
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- Harper's Bazaar
The singer, meanwhile, channeled Miami Vice with his look.
An ambulance was seen exiting Ben Affleck's Georgia property as the Oscar winner's car followed behind
The right has used this phrase for others, but doesn't think it should apply to them.
- In The Know by Yahoo
American woman dumbfounded by plate after ordering ‘chips and salsa’ in Italy: ‘I’ll never get over it’
A word to the wise: "Chips and salsa" doesn't mean the same thing everywhere.
- Chicago Tribune
R. Kelly’s former goddaughter breaks down at his federal trial in Chicago, telling jury he filmed them having sex while she was a minor
CHICAGO — For the first time after two decades of swirling allegations, R. Kelly’s former goddaughter has taken the stand as a prosecution witness in a case against the disgraced singer. Dressed in a white blazer with her hair in long braids, the woman, now 37 and testifying at Kelly’s federal trial in Chicago under the pseudonym “Jane,” told the jury she had sexual contact with Kelly for the ...
Alan Dershowitz says every reputable attorney he's spoken with has told him their firms 'won't let them go anywhere near' Trump
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Trump aides think a family member informed on him to the FBI because agents knew where to find a specific leather case, report says
According to reports, speculation is swirling among Donald Trump's aides about who may have tipped off the FBI about classified information.
The model is mom to sons Kenzo, Gary, and Wolfe, plus daughters Aoki and Ming
- USA TODAY
Frederick Woods, now 70, was 24 when he and two other men kidnapped 26 school children and their bus driver in Northern California and buried them.
- Detroit Free Press
All of a sudden, UCLA isn't sounding 100% in on joining the Big Ten in 2024. We've got a (familiar) solution for that problem.
- NBC News
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- The Guardian
Cheney releases recording of her call to Harriet Hageman, conceding her loss in the Wyoming US House primary on Tuesday
- The Hill
The Department of Justice (DOJ) improperly shielded portions of a memo to Attorney General William Barr that concerned whether former President Trump obstructed a special counsel probe into his campaign’s dealings with Russia during the 2016 presidential election, a federal appeals court in Washington ruled on Friday. The unanimous ruling by a three-judge panel on…