Malaysia Star:

The United Arab Emirates (UAE) and other Middle-Eastern countries still offer plenty business opportunities despite the Dubai financial crisis, said the Malaysian Retailer-Chains Association (MRCA).

MRCA is still looking for opportunities for further expansion in the Middle East, secretary-general Datuk Nelson Kwok Teng Toong told StarBiz.

“During such times, branded products from the United States and Europe would be expensive for businessmen in UAE to take up.

“Thus they would be looking for Asian brand names, especially those that have already done well in Malaysia and the Middle East,” he said.

In October, the MRCA led a delegation comprising 30 entrepreneurs to the Middle East in search of fresh business opportunities.

“This trip was for our members to explore, using Dubai as the hub for their expansion into the Middle East, North Africa region (MENA), the Middle East Africa (MEA) area and Gulf Cooperation Council (GCC) countries.

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