Dubai arena is latest project unveiled despite weaker growth - The Washington Post:
This week, Dubai unveiled its latest megaproject: A stadium in the heart of a super luxe shopping and dining destination.
The arena, which will host sports events and concerts, is located in a leisure retail and residential destination called City Walk, which itself is new and was developed by Meraas, a company owned by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum.
It’s just one in a pipeline of projects the emirate is churning out in the lead-up to next year’s World Expo in Dubai, despite an economic slowdown and concerns that an oversupply is weighing down real estate prices.
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