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Plans originally called for Masdar City to become a self-contained "carbon-neutral" community of 40,000 residents and even more commuters. Cars would be banned. Waste and water would be recycled.

A luxury hotel crafted by designer Giorgio Armani opened Tuesday as the first landmark tenant in the world’s tallest skyscraper. The 160-room Armani Hotel Dubai is a welcome bit of good news for Dubai’s leaders after the troubled debut of the more than half-mile Burj Khalifa in January. Read more...

The Dubai authorities plan to step up enforcement of a law enacted in 2003 prohibiting restaurants from using alcohol in food preparation, according to media reports. Read more...

Armani Hotel Dubai, the first property to open under the Armani Hotels & Resorts brand, will officially open its doors in March. Housed in the world’s tallest building, the Armani Hotel Dubai is the first of a series of hotels, resorts and residences designed by Giorgio Armani to be opened around the globe. Read more...

Dubai prepared to inaugurate the world’s tallest skyscraper on Monday, hoping to shift international attention away from the Gulf emirate’s deep financial crisis and rekindle the optimism that once fueled its turbocharged growth.

World stock markets rose sharply Tuesday as fears about Dubai’s debt problems eased after the emirate’s government investment company said it was in talks to restructure a large chunk of its business.

European stock markets fell modestly Monday amid concerns about Dubai’s debt problems, even though the United Arab Emirates’ central bank pledged to stand behind local and foreign banks.