<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Finance &amp; Banking</title>
<link>http://www.bi-me.com</link>
<description>Middle Eastern Business News and Data</description>
<language>en-us</language>
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<title><![CDATA[Gold ignored &amp; dismissed by US media as prices rise back above US$1,250]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48193</link>
<description><![CDATA[INTERNATIONAL. The price of gold rose back above US$1250 an ounce for the second time this week - and the sixth time since May - on Thursday.]]></description>
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<title><![CDATA[SecondMarket to be honoured at Davos ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48189</link>
<description><![CDATA[INTERNATIONAL. Selected by the World Economic Forum as 2011 Technology Pioneer.]]></description>
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<title><![CDATA[IMF to provide US$450 million in immediate emergency assistance to Pakistan ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48192</link>
<description><![CDATA[INTERNATIONAL. The emergency assistance comes on top of the US$7.3 billion provided under the current Stand-By Arrangement, in place since November 2008. ]]></description>
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<title><![CDATA[Middle East shares rise on improved global sentiment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48191</link>
<description><![CDATA[UAE. Dubai&#039;s index and Qatar&#039;s benchmark were the region&#039;s best performers on Thursday as improving global sentiment filtered into activity in Gulf bourses.

]]></description>
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<title><![CDATA[Middle East, Russian expats top list of most well off ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48184</link>
<description><![CDATA[INTERNATIONAL. Russia topped a list of 25 countries of the best places for expats to live in terms of personal finances, followed by Saudi Arabia and Bahrain, an HSBC survey said.]]></description>
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<title><![CDATA[Silver about to break out big!]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48181</link>
<description><![CDATA[INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.  
]]></description>
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<title><![CDATA[Dubai&#039;s Millennium Private Equity invests in Europe with first Sukuk ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48180</link>
<description><![CDATA[UAE. Millennium bought US$10 million of four-year convertible notes in July that were sold by International Innovative Technologies, a clean energy company. ]]></description>
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<title><![CDATA[Grameen-Jameel commits over US$5 million to build microfinance sector in Turkey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48169</link>
<description><![CDATA[UAE. Grameen-Jameel, a social business that serves the microfinance sector in the Middle East and North Africa (MENA), announces it has entered Turkey. ]]></description>
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<title><![CDATA[Dubai Financial Market fell 1.9% in August ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48164</link>
<description><![CDATA[UAE. DFM issued today the bourse&#039;s performance during the month of August 2010.

]]></description>
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<title><![CDATA[Loan losses and impairments exceed US$20 billion for Gulf banks, says S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48159</link>
<description><![CDATA[UAE. Gulf banks are resisting, showing signs of improvement despite strain on liquidity, says report card.

]]></description>
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<title><![CDATA[Gold extends second-best annual rise to end-August as physical silver &#039;gets tight&#039; in Hong Kong]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48158</link>
<description><![CDATA[INTERNATIONAl. The spot price of physical gold bullion touched its highest level since late-June&#039;s record peak Wednesday.]]></description>
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<title><![CDATA[Damas transfers 20 million shares to Amwal as part of founder settlement]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48154</link>
<description><![CDATA[UAE. Amwal Al Khaleej Commercial Investment received 20 million Damas shares valued at US$3.2 million.]]></description>
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<title><![CDATA[Dubai may help Abu Dhabi set up finance hub ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48152</link>
<description><![CDATA[UAE. &quot;One financial centre is not sufficient for the Middle East, North Africa and South Asia region, and DIFC is prepared to share its experience,&quot; DIFC CEO said.
]]></description>
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<title><![CDATA[Easy money will not boost economic activity nor create jobs in the US, says Marc Faber]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48151</link>
<description><![CDATA[INTERNATIONAL. Businesses will note hire more people in the US because of further monetary printing; The market will eventually perceive easing moves as inflationary; Treasuries could be a disaster for investors.

]]></description>
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<title><![CDATA[Qatar-based Doha Bank Assurance Company assigned &#039;BBB&#039; ratings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48150</link>
<description><![CDATA[INTERNATIONAL. DBAC is strategically important to its parent, Doha Bank, and has strong capitalization and strong liquidity. 
]]></description>
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<title><![CDATA[MENA M&amp;A deal values drop 15% to US$18.5 billion in first half 2010, reveals Ernst &amp; Young report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48143</link>
<description><![CDATA[UAE. Q2 2010 saw an increase by more than 100% in total disclosed deal value to US$12 billion; Number of announced deals in  declined by 30%; The total number of announced deals declined by 12%.

]]></description>
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<title><![CDATA[Taiwan rejects Hong Kong group&#039;s bid for AIG unit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48141</link>
<description><![CDATA[INTERNATIONAL. Rejection may open bid by Japanese and Qatari investment firms. ]]></description>
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<title><![CDATA[QFC Regulatory Authority authorises Kane LLC]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48138</link>
<description><![CDATA[QATAR.  Captive insurance specialist to become 121st QFC licensee; A step forward in developing Doha as an insurance hub.]]></description>
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<title><![CDATA[Egyptian Arab Land Bank offers customers flexible repayment terms on loans during Ramadan ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48134</link>
<description><![CDATA[JORDAN. The offer is better known as &#039;Ehna Maak&#039; and allows individuals to defer their August or September loan payment until the end of their payment period.]]></description>
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<title><![CDATA[Dubai International Financial Centre says cost of doing business will be reduced to encourage growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48129</link>
<description><![CDATA[UAE. In the first half of 2010 DIFC, in consultation with its clients, completed a comprehensive strategic review and analysis of the core business proposition.]]></description>
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<title><![CDATA[Deutsche Bank&#039;s online FX trading sees 25% growth in Saudi customers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48120</link>
<description><![CDATA[SAUDI ARABIA. The increasing sophistication and need to diversify Saudi Arabia&#039;s small institutional and family office portfolios is leading to a growing adoption of FX as an asset class.]]></description>
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<title><![CDATA[Ernst &amp; Young, British Council to offer Cambridge International Certification in Financial English]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48116</link>
<description><![CDATA[KUWAIT. The courses will be offered from October 2010 at Ernst &amp; Young Training Center and prepare participants for the Cambridge ICFE.]]></description>
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<title><![CDATA[Qatar Financial Centre&#039;s strategy to develop asset management sector moves forward ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48113</link>
<description><![CDATA[QATAR. Regulatory authority releases proposed collective investment scheme rules.]]></description>
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<title><![CDATA[Japan, Qatar funds may bid for AIG Taiwan unit ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48107</link>
<description><![CDATA[INTERNATIONAL.  A former Taiwanese diplomat has set up a company to make a bid if an existing bid from a China-based firm is rejected by Taiwan regulators.

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<title><![CDATA[ECB says failure to cut government debt risks &#039;lost decade&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48104</link>
<description><![CDATA[INTERNATIONAL. Jean-Claude Trichet said governments risk a decade of weak economic growth if they delay reversing the surge in public debt.]]></description>
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<title><![CDATA[Prince Alwaleed&#039;s Kingdom Centre secures US$187 million Islamic refinancing deal]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48106</link>
<description><![CDATA[SAUDI ARABIA. The refinancing is for expansion projects at Kingdom Centre in Riyadh, the company said ]]></description>
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<title><![CDATA[Bank of England hints on further quantitative easing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48103</link>
<description><![CDATA[INTERNATIONAL. Policymakers have prevented a financial market collapse but further action might be required, the bank&#039;s deputy governor said.]]></description>
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<title><![CDATA[UAE telecom stock prices to remain subdued until BlackBerry issue is sorted]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48102</link>
<description><![CDATA[UAE. With the resolving of the issue in Saudi Arabia, the chances have become brighter for a similar deal in the UAE, says Global Investment House report.
]]></description>
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<title><![CDATA[Gold bullion likely to pullback then rocket over  US$1,300]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48100</link>
<description><![CDATA[INTERNATIONAl. The fundamentals for Gold have never been stronger; It looks like, with Quantitative Easing 2 upon us, that Gold buyers are really stepping up their gold purchases.]]></description>
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<title><![CDATA[Mashreq organises fundraising drive for Pakistan flood victims]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48098</link>
<description><![CDATA[UAE. In association with UAE Red Crescent Authority.]]></description>
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<title><![CDATA[Emirati investor interested in National Bank of Kuwait stake ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48097</link>
<description><![CDATA[KUWAIT. An Emirati investor is interested in buying a 10% stake in NBK, the country&#039;s biggest lender, a local newspaper reported. ]]></description>
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<title><![CDATA[Aetna names Stuart Leatherby Head of Middle East and Africa business]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48092</link>
<description><![CDATA[UAE. In this role, Leatherby will manage the company&#039;s expatriate business in the Middle East and Africa region.]]></description>
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<title><![CDATA[S&amp;P Fund Services assigns &#039;A&#039; rating to three Emirates NBD multi asset and MENA equity funds]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48093</link>
<description><![CDATA[UAE. First managed funds with such diverse asset allocation to receive S&amp;P fund rating in GCC.

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<title><![CDATA[Restructuring of Rift Valley Railways International complete]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48086</link>
<description><![CDATA[EGYPT. Citadel Capital&#039;s shareholding in the national railway of Kenya and Uganda reaches the 51% mark as transactions close.]]></description>
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<title><![CDATA[Intervention on the mind]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48084</link>
<description><![CDATA[INTERNATIONAL. It has been a fairly volatile week as far as risk appetite is concerned, but when we consider the month of August as a whole, it is clear that the issues that dogged the market over the first half of the year have most certainly not gone away. 
]]></description>
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<title><![CDATA[Dubai World starts direct talks with small creditors]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48077</link>
<description><![CDATA[UAE. Dubai World has started direct talks with creditors who are not part of the coordination committee of banks on its debt restructuring plan.]]></description>
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<title><![CDATA[Gold prices flat, post another weekly gain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48056</link>
<description><![CDATA[INTERNATIONAL. Silver stood 5.7% up for the week, nearing its best weekly close since late-June.]]></description>
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<title><![CDATA[Qatar First Bank to help Turkey&#039;s Memorial Health expand in Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48058</link>
<description><![CDATA[INTERNATIONAL. Memorial sold 20% each to Qatar First and to Argus Capital, Memorial Chief Executive Ugur Genc said.]]></description>
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<title><![CDATA[DMCC &#039;B&#039; rating remains on CreditWatch negative, withdrawn at company&#039;s request]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48054</link>
<description><![CDATA[UAE. At the time of the withdrawal, Dubai Multi Commodities Centre had repaid all rated debt.
]]></description>
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<title><![CDATA[Bernanke says Fed will do &#039;all it can&#039; to ensure US recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48051</link>
<description><![CDATA[INTERNATIONAL. Fed is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary. ]]></description>
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<title><![CDATA[Global gold demand powered by China, India and investment demand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48048</link>
<description><![CDATA[INTERNATIONAL. Gold demand driven by continuing uncertainty over public debt and economic recovery, the WGC said.
]]></description>
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<title><![CDATA[Nakheel trade Sukuk fair value estimated in low 60 cents, says JPMorgan ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48045</link>
<description><![CDATA[UAE. Nakheel will face the risk of running out of cash in 2015 unless it starts new developments and sell land in three to five years, the report said.]]></description>
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<title><![CDATA[Silver &#039;still cheap&#039; as Gold/Silver Ratio forms &#039;explosive&#039; pattern]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48039</link>
<description><![CDATA[INTERNATIONAL. The ratio &quot;has focused itself ever more tightly into a potentially explosive arrowhead, right on a long-term mean&quot;.]]></description>
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<title><![CDATA[Middle East is expected to emerge as one of the world&#039;s most competitive tourism landscapes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48034</link>
<description><![CDATA[INTERNATIONAL. Deloitte&#039;s new issue of the &quot;Middle East Point of View&quot; magazine provides insights into data protection, thought leadership in Islamic Finance, market efficiency in the Gulf, trends in GCC government services, and many other imminent topics.

]]></description>
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<title><![CDATA[Dubai shares rise 0.9% on Dubai World debt optimism]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48031</link>
<description><![CDATA[UAE. Dubai shares rose the most in more than a week on optimism Dubai World is closer to resolving its debt restructuring.]]></description>
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<title><![CDATA[Dow Jones Islamic Market Indexes Titans 100 Index drops 3.4% ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48024</link>
<description><![CDATA[INTERNATIONAL. In comparison, the Dow Jones Global Titans 50 Index, posted a loss of -3.65%

]]></description>
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<title><![CDATA[Dow Jones Islamic Market Indexes in August: East Asia bucks the trend]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48021</link>
<description><![CDATA[INTERNATIONAL. The Dow Jones Islamic Market Index (DJIM) Malaysia surged 2.34%, closing at 1,494.29 (as of the close of trading of August 24). 

]]></description>
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<title><![CDATA[&#039;We never got out of the first recession,&#039; says Jim Rogers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48019</link>
<description><![CDATA[INTERNATIONAL.  Jim Rogers said the global economy is at the risk of prolonging the recession after reports over the past two days showed US home sales plunged by a record. ]]></description>
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<title><![CDATA[DIB ranked best banking brand in UAE in latest YouGov Siraj study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48013</link>
<description><![CDATA[UAE. Bank recognised as leader in every category.]]></description>
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<title><![CDATA[MENA fund managers turn positive on financials, reveals S&amp;P ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48009</link>
<description><![CDATA[INTERNATIONAL. Despite a lack of consensus among fund managers on whether the worst is over for the sector, financials bounced back strongly.]]></description>
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<title><![CDATA[Gold hits 8-week high as &#039;downside risks to the economy continue to emerge&#039; ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48007</link>
<description><![CDATA[INTERNATIONAL. Gold rose 2.2% from yesterday&#039;s spike lower as world stock markets continued to slide in thin trade.

]]></description>
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<title><![CDATA[Dubai World prized assets may go on sale to cut debt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48006</link>
<description><![CDATA[UAE. Dubai World believes it can raise as much as US$19.4 billion from selling key assets over eight years, if creditors back its restructuring, a document obtained by Reuters showed.]]></description>
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<title><![CDATA[Abu Dhabi Finance to offer mortgages for Bloom Gardens villas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48003</link>
<description><![CDATA[UAE. Interest rates starting from 5.75%,  loan-to-value ratio of up to 85%, mortgage tenures of up to 30 years.]]></description>
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<title><![CDATA[Ireland&#039;s credit rating cut by S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48002</link>
<description><![CDATA[INTERNATIONAL. Long-term sovereign credit rating  cut one step to AA- from AA on cost of supporting the nation&#039;s financial sector. 
]]></description>
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<title><![CDATA[Saudi gold jewellery demand rises 5%, leads Middle East recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=48000</link>
<description><![CDATA[INTERNATIONAL. UAE, Egypt  witness 15% drop in jewellery demand in second quarter 2010.]]></description>
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<title><![CDATA[ADIB, Al-Jaber Group in US$300 million facility for Shah gas project]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47999</link>
<description><![CDATA[UAE. The project is part of the US$12 billion Shah sour gas field development which is essential to meet Abu Dhabi&#039;s surging gas demand.

]]></description>
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<title><![CDATA[Iraqi banks urge privatisation of state lenders]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47995</link>
<description><![CDATA[IRAQ. The Iraqi dinar was revalued after the invasion and it has been stable at 1,160-1,180 to the dollar for almost two years, helping deliver stable inflation of around three percent.

]]></description>
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<title><![CDATA[GFH appoints Deutsche Bank as structuring agent ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47977</link>
<description><![CDATA[BAHRAIN. Gulf Finance House announced the appointment of Esam Janahi as Executive Chairman and the launch of a new capital program.

]]></description>
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<title><![CDATA[Travel bug bites a third of consumers in the Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47980</link>
<description><![CDATA[UAE. Rebound in spending on travel seen among Middle East consumers, reveals MasterCard survey.]]></description>
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<title><![CDATA[Under 25s to drive growth in retail banking ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47979</link>
<description><![CDATA[BAHRAIN. Service excellence must underpin the online preference of the emerging card user, say experts.

]]></description>
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<title><![CDATA[Fitch affirms HSBC Middle East at &#039;AA-&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47978</link>
<description><![CDATA[UAE. The Individual &#039;B/C&#039; Rating remains on Rating Watch Negative (RWN). The Outlook for the Long-term IDR is Stable. 

]]></description>
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<title><![CDATA[Moody&#039;s downgrades Bahrain&#039;s sovereign ratings to A3   ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47965</link>
<description><![CDATA[UAE. Moody&#039;s Investors Service has today downgraded Bahrain&#039;s local and foreign currency government bond ratings to A3 from A2. The outlook on these ratings is now stable.]]></description>
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<title><![CDATA[Citadel Capital reports second quarter 2010 results, delivery of four greenfields]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47957</link>
<description><![CDATA[EGYPT. Leading private equity firm reports the start of operations at four greenfields, 5.3% growth in TNAV since FY09 and rising invested assets under management quarter-on-quarter.]]></description>
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<title><![CDATA[The gloom lingers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47955</link>
<description><![CDATA[UAE. The mid-week reprieve for equity markets has proven to be temporary, as doubts over the global economy appear to have got the better of investor confidence once again. 
]]></description>
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<title><![CDATA[Tony Blair starts investment advisory firm]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47953</link>
<description><![CDATA[INTERNATIONAL. Firerush Ventures No. 3 is registered with the U.K.&#039;s FSA and does business as Tony Blair Associates, The Sunday Times reported.]]></description>
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<title><![CDATA[What are the catalysts that will push gold higher?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47948</link>
<description><![CDATA[INTERNATIONAL. Joe Foster, in this exclusive interview with The Gold Report, sees a range of catalysts, &#039;any one of which could rear its ugly head.&#039;

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<title><![CDATA[Abu Dhabi Islamic Bank &#039;Al-Khair&#039; repayments postponed until 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47943</link>
<description><![CDATA[UAE. Al-Khair is ADIB&#039;s Shari&#039;a-compliant repayment plan through which customers can transfer all their conventional bank liabilities to ADIB and get a fresh start.

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<title><![CDATA[Bank of Sharjah announces closure of US$150 million term-loan facility]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47940</link>
<description><![CDATA[UAE. Total commitments exceed by 50% initial target; First term-loan to GCC-based bank since start of global financial crisis.

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<title><![CDATA[DIC unit Alliance Medical may be up for sale]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47926</link>
<description><![CDATA[INTERNATIONAL. The Dubai International Capital unit could be put up for sale within weeks if talks over an urgent cash injection into the UK-based company fail.]]></description>
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<title><![CDATA[The case for investing in Lithium]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47923</link>
<description><![CDATA[INTERNATIONAL. President Obama&#039;s clean energy agenda is on track as the US tagged US$1.5 billion of the US$2.4 billion in electric technology development funds for battery manufacturing projects.

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<title><![CDATA[China wants to accumulate more gold, says Marc Faber]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47915</link>
<description><![CDATA[INTERNATIONAL. Marc Faber said China wants to increase its gold holdings as Beijing is increasingly keen to diversify out of US bonds, but is waiting for the right time.

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<title><![CDATA[Gold gains 1% week-on-week as Fed likely to extend money-creation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47922</link>
<description><![CDATA[INTERNATIONAL. Peaking after the first wave of quantitative easing in July 2009, the US money supply is again trending higher. ]]></description>
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<title><![CDATA[George Soros buys 4% stake in India stock exchange from Dubai Holding unit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47921</link>
<description><![CDATA[INTERNATIONAL. There is growing interest in the thriving BSE as India&#039;s economy goes from strength to strength, with the latest deal valuing the exchange at US$800 million.

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<title><![CDATA[I will only sell my gold when there&#039;s panic and stocks are bargains, says Doug Casey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47907</link>
<description><![CDATA[INTERNATIONAL. As the world sinks deeper into what he calls the Greater Depression, Casey Research Chairman sees default on the US national debt as inevitable - albeit probably in the guise of currency destruction. 

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<title><![CDATA[The case for investing in Silver]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47909</link>
<description><![CDATA[INTERNATIONAL. Silver gives a nice double play with prices expected to perform well no matter what the prevailing economic or geopolitical conditions.
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<title><![CDATA[Dubai to launch fixed-income roadshow in Asia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47908</link>
<description><![CDATA[UAE. Non-deal roadshow for fixed income investors in Asia starts August 26.]]></description>
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<title><![CDATA[Gold hits new 7-week high as Barrick forecasts higher prices to come]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47906</link>
<description><![CDATA[INTERNATIONAL. &quot;Economic conditions [globally] are more likely to increase gold prices than the other way around,&quot; said Peter Munk, chairman of Barrick Mining.]]></description>
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<title><![CDATA[Jordan to select JPMorgan, HSBC, Credit Suisse for US$500 million bond sale]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47903</link>
<description><![CDATA[JORDAN. The government plans to offer debt maturing in five years by the fourth quarter of this year to help finance the nation&#039;s budget deficit]]></description>
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<title><![CDATA[Gold&#039;s upside breach stalls for now ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47894</link>
<description><![CDATA[INTERNATIONAL. Liquidity and low real interest rates as the fundamental drivers of gold investment demand.

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<title><![CDATA[PADICO Holding reports 2% net profit rise in first half 2010 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47893</link>
<description><![CDATA[PALESTINIAN TERRITORIES. Operational income grows 49% on significant improvement in operational revenues of subsidiaries.

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<title><![CDATA[Waha Capital CEO speaks to stakeholders on company&#039;s growth plans]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47892</link>
<description><![CDATA[UAE. Waha Leasing is seeking to grow its global footprint mainly through partnerships and organic growth.]]></description>
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<title><![CDATA[Standard Chartered increases community engagement]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47891</link>
<description><![CDATA[UAE. Employees to get three volunteering days per year.]]></description>
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<title><![CDATA[Bahrain&#039;s Investcorp to delist GDRs on London Stock Exchange]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47889</link>
<description><![CDATA[BAHRAIN. Investcorp will make an offer to buy back as much as 7.92 million global depositary receipts at US$4.76 each.]]></description>
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<title><![CDATA[Middle East &amp; Africa M&amp;A driven by distressed sales, consolidation and vertical integration, says Fitch ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47879</link>
<description><![CDATA[INTERNATIONAL. M&amp;A event risk for corporate ratings is likely to remain subdued. ]]></description>
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<title><![CDATA[SICO Khaleej Equity Fund tops ranking]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47876</link>
<description><![CDATA[BAHRAIN. SICO&#039;s funds have constantly been amongst the top ranked funds by Zawya.]]></description>
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<title><![CDATA[Bahrain Financing Company unveils new brand identity]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47873</link>
<description><![CDATA[BAHRAIN. BFC upgrades its look to reflect its aggressive regional business expansion strategy.

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<title><![CDATA[EFG-Hermes buys 65% in Lebanon&#039;s Credit Libanais]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47861</link>
<description><![CDATA[EGYPT. EFG-Hermes will buy a stake in Lebanon&#039;s privately owned Credit Libanais for US$542 million as the leading Egyptian investment bank sets out to diversify its business.]]></description>
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<title><![CDATA[Qatar bank provisions rise 2.2% ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47858</link>
<description><![CDATA[QATAR. Provisions made by Qatari banks rose 2.2% month-on-month in July, slower than in the previous month, while loans grew 1.6%.]]></description>
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<title><![CDATA[Rising gold now No.1 play for hedge fund giants]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47857</link>
<description><![CDATA[INTERNATIONAL. &quot;Gold&#039;s place as the ultimate hedge against risk remains secure,&quot; says the new ABN Amro Metals Monthly from London&#039;s VM Group. ]]></description>
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<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds bearish sentiment waning as risk appetite improves]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47856</link>
<description><![CDATA[INTERNATIONAL. The survey shows a net 5% of respondents predicting that the global economy will improve in the next year. Investors move out of Japan and US and into Europe. ]]></description>
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<title><![CDATA[Commercialbank of Qatar in strategic partnership with London Metropolitan Business School ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47855</link>
<description><![CDATA[QATAR. The partnership will create a new Doha-based Training Academy which will provide training and development opportunities to bank employees. 

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<title><![CDATA[Gold unwinds last month&#039;s sell-off on return of risk aversion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47846</link>
<description><![CDATA[INTERNATIONAL. The price of gold rose to its best level since the start of July on Monday, rising above US$1,228 per ounce as world stock markets sagged but commodity prices ticked higher.]]></description>
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<title><![CDATA[Dubai&#039;s DFM achieves 100% compliance in local company disclosures of second quarter 2010 results ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47845</link>
<description><![CDATA[UAE. The total number of UAE public joint stock companies listed at DFM which disclosed their second quarter results stood at 42 companies, with the exception of Amlak Finance and Tamweel. ]]></description>
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<title><![CDATA[Abu Dhabi Commercial Bank issues AAA/P1 rated notes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47841</link>
<description><![CDATA[UAE. ADCB has today launched a transaction for a minimum of 500 million Malaysian ringgits (US$157 million) of its MYR3.5 billion Medium Term Note Programme. ]]></description>
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<title><![CDATA[Performance based compensation to be the norm in Kuwait&#039;s investment sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47838</link>
<description><![CDATA[KUWAIT. A recent compensation study by Ernst &amp; Young suggests that the trend of performance based compensation will gain ground in Kuwait. ]]></description>
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<title><![CDATA[Bahrain Financial Harbour repays US$134 million Sukuk facility]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47835</link>
<description><![CDATA[BAHRAIN. Repayment marks the successful exit of Gulf Finance House and demonstrates the value of GFH&#039;s infrastructure investment strategy. 

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<title><![CDATA[Aabar shareholders approve conversion to private joint stock]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47833</link>
<description><![CDATA[UAE. Shares capital set at AED4.04 billion; Nominal value of one dirham per share; Stock to be delisted from Abu Dhabi bourse.

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<title><![CDATA[Dubai Islamic second quarter net falls 33% on investment income drop]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47808</link>
<description><![CDATA[UAE. Net income fell to AED301.3 million (US$82 million) from AED450.3 million a year earlier, beating estimates.]]></description>
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<title><![CDATA[Mashreq offers postponements for September monthly installment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47827</link>
<description><![CDATA[UAE. Postponement offer is to reduce financial stress during Ramadan.]]></description>
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<title><![CDATA[BFX-TI accredited by Institute of Credit Management]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=47825</link>
<description><![CDATA[BAHRAIN. Leading institutes team up to offer specialised credit courses to clients.]]></description>
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