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HuaweiMANILA — The Asian Development Bank on Tuesday upgraded its economic growth forecasts for the region, which the bank said was proving to be more resilient to the global downturn than it initially expected.
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DUBAI — A quick rebound in orders for the building of new factories in the Middle East has rekindled hopes that the region would “re-emerge as a goldmine” for South Korean construction companies, the Korea Plant Industries Association, or Kopia, told a newspaper.

DUBAI — ‘Footwear Expo 2009’, the leading event for ‘footwear’ industry in the region, is set to host leading players within the $190 billion global footwear market, in line with its aims to leverage the growing prospects in the country’s retail industry.
JEDDAH — The Jeddah-based Islamic Development Bank, or IDB, and the World Bank have signed a memorandum of understanding to team up in forming programmes for introducing basic skills training for the general workforce in the 
Mena region.
DUBAI — The UAE has become an important centre of attraction for world investment in various sectors, said Hani Alhamli, Secretary-General of Dubai Economic Council. He also stressed that the latest figures the country recorded in various fields are great achievements amid the global financial crisis.
DUBLIN — Arabtec Construction does not see Dubai’s construction market returning to the heyday of the emirate’s property boom, giving impetus to its expansion abroad, its chief 
executive said.
DUBAI — Dubai Customs announced that business will continue as usual at all affiliated Custom Centres during Eids holidays to ensure seamless clearance of corporate and individual goods, at times matching to the respective nature of these centers.
DUBAI — Raqmiyat, a leading UAE-based systems integrator, has announced that it is gearing up to deploy its ‘Raqmiyat - WPS Connect’ - a new solution designed to work with the UAE Central Bank’s ‘Wages Protection System’ - to UAE banks and exchange houses to help them abide by the UAE Central Bank’s ‘Wages Protection System’ (WPS) requirements.
DUBAI — Remraam, a development of Dubai Properties Group, on Thursday announced the completion of two model apartments at the landmark development,
DUBAI — Fourteen new international retailers occupying a total floor space of nearly 17,000 sq feet, have opened their doors at the Festival Centre — the award-winning retail precinct of Dubai 
Festival City.