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HuaweiDUBAI - Dubai’s Export Development Corporation, or EDC, has signed a memorandum of understanding with Korea’s Trade-Investment Promotion Agency, or KORTA, aimed at promoting trade and business between the two countries, through joint implementation of programmes and activities.
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DUBAI - Abu Dhabi-based International Petroleum Investment Company’s plan to build a refinery in Pakistan is on track, Pakistan’s minister of investment said 
on Wednesday.
DUBAI - Dana Gas, Middle East’s first private sector regional natural gas company, announced its intention to expand its gas operations and investments in Egypt’s growing natural gas industry.
DUBAI - The second half of 2009 would be a good time to buy property in Dubai, as prices are expected to shoot up around November, according to Dr Issam Daoud, Chairman, Avanti Holding.
DUBAI - Following on the heels of a good first quarter, Dubai International, the world’s sixth busiest airport for international passengers, has announced a growth of 6.5 per cent in passenger traffic in April.
ABU DHABI - National Bank of Abu Dhabi, or NBAD, the nation’s second largest bank by assets, is selectively lending to cross sectors of economy, its chief executive said.
DUBAI - First Dubai Real Estate Development on Tuesday announced over 100 per cent jump in its first quarter net profit for 2009 over 2008.
DUBAI - The Middle East will once again get a boost from Emirates with the airline on Tuesday announcing an additional 12 flights per week to major travel hubs in the region; bringing the airline’s total number of weekly flights across the Middle East to 197.
DUBAI - Rakbank, or the National Bank of Ras Al Khaimah, is offering small companies collateral-free loans to boost their business in today’s challenging market conditions.
DUBAI - Epicor Software Corporation, a provider of enterprise business software, is seeing increased momentum in the Middle East for enterprise resource planning, or ERP, solution.