Dubai joins real world after fairytale party

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Dubai joins real world after fairytale party

After 18 years of expansion ­— and three years becoming a key global financial hub ­— Dubai is taking its foot off the accelerator, worried by a glut of unoccupied developments and the possibility of a property slump. But the government is awash with cash to stave off disaster, and can rely on support from Abu Dhabi if necessary

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