Dubai Announces $270 Million Canal Project With Homes, Shops

May 24, 2016 10:16 AM

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Officials in Dubai have announced a new, $270-million project to build homes and shops along part of the under-construction Dubai canal.

The project called Marasi Business Bay will be built by Dubai Holding, a conglomerate controlled by the emirate's ruler, Sheikh Mohammed bin Rashid Al Maktoum.

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