Dubai to build world’s biggest Ferris wheel
World
Dubai's ruler has approved a 1.6 billion US dollar island development project that would be home to what is billed as the world's biggest Ferris wheel, Belfast Telegraph said.
The project reflects a renewed appetite in Dubai for extravagance as the economy rebounds from a debt-driven slump during the past three years.
Dubai has proposed a series of mega projects reminiscent of the boom years in the United Arab Emirates before the downturn hit in 2009.
The projects include theme parks and a satellite city named for Dubai's ruler, Sheik Mohammed bin Rashin Al Maktoum.


















































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