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Dubai Back in business? WS02 During London Mayor Boris Johnson's recent | | During London Mayor Boris Johnson's recent visit to Dubai on an investment promotion trip, he jokingly declared that he is "mayor of the eighth emirate." Though uttered in typical self-deprecating jest, the mayor of the world's greatest city proclaiming that London is a mere province of the United Arab Emirates is revealing about how Dubai's fortunes have revived since the punishing real estate crash and debt restructuring following the financial crisis. |
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