City's central vista many cabbies insulted (8)

I believe the answer is:

istanbul

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'city's' is the definition.
(Istanbul is an example)

I don't understand the rest of the clue.

(Other definitions for istanbul that I've seen before include "Eurasian city" , "Nail bust in the Turkish city" , "foreign city" , "City formerly known as Constantinople" , "Port and former capital of Turkey" .)

I've seen this clue in The Irish Times.

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