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Finance: Euphoria gives way to fresh concerns

By Robin Wigglesworth

Published: October 20 2008 09:21 | Last updated: October 20 2008 09:21

It already boasts the world’s tallest tower and the world’s biggest man-made island. Now Dubai is building the world’s biggest underground car park to house the luxury cars of all the bankers in its financial centre.

Because it has little oil compared with its Gulf neighbours, the brash city-state led the regional charge to diversify its economy away from petroleum.

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