Already, some bankers are saying it is not enough.

Some of Dubai’s more extravagant building projects - the ever bigger malls, islands and indoor ski slopes - are likely to be dropped if they do not already have financing lined up, bankers say.

The credit crisis could also reduce demand from buyers, who will have a harder time getting mortgages.

Boom in Dubai loses momentum - International Herald Tribune

Posted Monday, October 6th, at 8:26 AM (∞).

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