<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Bahrain</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[India court orders licences cancelled in telecom scandal ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56480</link>
<description><![CDATA[INTERNATIONAL. Underpriced sales cost government billions, state auditor said; Verdict could shake up market; Big carriers to benefit; Carriers whose licences were ordered revoked include the local joint ventures of Etisalat and S-Tel, part-owned by Batelco. ]]></description>
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<title><![CDATA[Middle East retailers record strongest growth as global sales rise 5%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56440</link>
<description><![CDATA[UAE. Retail sales rebound globally but outlook is uncertain as global economy slows down; Middle East and African retailers generating the highest compound annual growth rate of all regions over the 2005-2010 period, according to Deloitte report.]]></description>
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<title><![CDATA[Bahrain attracts over US$300 million of investments in 2011 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56427</link>
<description><![CDATA[BAHRAIN. Last year saw the Bahrain EDB attracted nearly twenty international businesses from around the globe, whilst the number of financial services businesses with Central Bank of Bahrain licenses rose from 401 to 414.]]></description>
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<title><![CDATA[Bahrain may sell Gulf Air or reduce its size, says report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56333</link>
<description><![CDATA[BAHRAIN. Selling the airline and building a new carrier is seen as the likeliest scenario and would cost the government US$1.2 billion, Gulf Daily News reported.]]></description>
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<title><![CDATA[Bahrain Bay appoints new Chief Executive Officer]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56285</link>
<description><![CDATA[BAHRAIN. International real estate expert, Robert Lee, to spearhead project&#039;s ongoing progress. Lee has held senior executive positions at leading real estate companies in the Middle East including Emaar, Al Futtaim, and Nakheel.]]></description>
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<title><![CDATA[Batelco and Ericsson showcase Video on Demand over LTE at Bahrain International Airshow 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56280</link>
<description><![CDATA[BAHRAIN.  King Hamad experiences future of viewing at Batelco Chalet; LTE, commonly referred to as the fourth generation of mobile technology, enables the delivery of super fast data speeds.]]></description>
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<title><![CDATA[Instrata Capital acquires stake in Oman&#039;s Sembcorp Salalah IWPP]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56275</link>
<description><![CDATA[BAHRAIN. 445 Megawatt, 15 Million Imperial Gallons per Day combined cycle gas turbine power and water desalination plant located in the southern region of Salalah. 

]]></description>
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<title><![CDATA[Bombardier signs PrivatAir for up to 10 CSeries aircraft]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56243</link>
<description><![CDATA[BAHRAIN. Based on list price, the firm order contract is valued at approximately US$309 million, and could increase to US$636 million if the five options are exercised.
]]></description>
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<title><![CDATA[Qatar Airways has identified European takeover target, says CEO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56238</link>
<description><![CDATA[QATAR. Airline also interested in investing in India, though overseas carriers currently face hurdles that make such a move impractical, Akbar Al Baker said.]]></description>
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<title><![CDATA[Bombardier brings interactive CSeries aircraft dome to Bahrain International Airshow 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56138</link>
<description><![CDATA[BAHRAIN. Interactive dome features state-of-the-art passenger cabin demonstrator and new cockpit demonstrator for the all-new Bombardier CSeries aircraft.]]></description>
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<title><![CDATA[The Family Office holds Global Asset Allocation conference in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56130</link>
<description><![CDATA[UAE. Former US National Security Advisors, Dr. Zbigniew Brzezinski and Gen. Brent Scowcroft, speak on the event&#039;s main debate topic &quot;The Middle East in 2020&quot;. 
]]></description>
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<title><![CDATA[Funds allocated for Tunis Financial Harbour&#039;s development]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56018</link>
<description><![CDATA[BAHRAIN. Tunis Financial Harbour is going to be North Africa&#039;s very first offshore financial centre contributing to transforming the region&#039;s economy.]]></description>
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<title><![CDATA[Bahrain real estate sector continues to wrestle with reality of part-sold, part-built residential projects]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55989</link>
<description><![CDATA[BAHRAIN. Talk in the residential sector remains dominated by the &quot;affordable housing&quot; market although there remains a lack of clarity by many developers as to what this actually means.]]></description>
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<title><![CDATA[Bahrain in US$551 million deal with private sector to provide affordable housing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55969</link>
<description><![CDATA[BAHRAIN. Bahrain signed a contract with an independent company to build more than 4,000 low-income homes over the next three years. 
]]></description>
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<title><![CDATA[Middle East stocks plunge in 2011 on Arab Spring, eurozone woes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55931</link>
<description><![CDATA[INTERNATIONAL. Middle East markets, with the exception of Qatar, ended the year with deep losses after grappling with the Arab Spring and shaken local confidence. The losses ranged, from 3.06% in Saudi Arabia to 49.3% in Egypt. ]]></description>
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<title><![CDATA[Two former US Secretaries of State keynote speakers at The Family Office Conference in Dubai ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55921</link>
<description><![CDATA[UAE. The annual event is organised around a series of panel discussions with the main debate focusing on &quot;The Middle East in 2020.&quot; ]]></description>
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<title><![CDATA[Bahrain to host  prince Alwaleed&#039;s Rotana, Alarab TV]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55910</link>
<description><![CDATA[BAHRAIN. &quot;They are expected to serve as an anchor in the new Manama-based Media City and should be instrumental in attracting other reputable media organisations.&quot;]]></description>
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<title><![CDATA[Business forum on 2012 outlook hosted in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55863</link>
<description><![CDATA[BAHRAIN. Bahrain government spending on social housing and infrastructure projects to bolster economic growth in 2012, finds &quot;Bahrain Outlook 2012,&quot; hosted by Capital Club.]]></description>
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<title><![CDATA[Gulf Arabs back unity after hinting at Iran threat]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55859</link>
<description><![CDATA[SAUDI ARABIA. Regional political upheavals revive dormant GCC unity plans; Development aid for non-GCC members Jordan, Morocco and Yemen.]]></description>
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<title><![CDATA[71% of Islamic institutions implement IFSB&#039;s Guiding Principles on Sharia&#039;a Governance, says Deloitte Middle East&#039;s Islamic Finance Knowledge Center]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55850</link>
<description><![CDATA[BAHRAIN. Islamic finance specialists seminar addresses risk management and regulation of Islamic finance institutions.
]]></description>
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<title><![CDATA[Middle East remains the easiest region to pay taxes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55703</link>
<description><![CDATA[UAE. UAE ranked 6th out of 183 economies globally; Qatar remains the 2nd easiest country to pay tax globally, for the third year running, according to PwC report. 

]]></description>
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<title><![CDATA[Cautious outlook across Gulf businesses despite healthy 2012 salary forecast, finds Mercer study ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55707</link>
<description><![CDATA[UAE. Survey results shows nearly every company surveyed in three key markets - Saudi Arabia, UAE and Qatar - plan to give pay rises and hire more people during the coming year.]]></description>
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<title><![CDATA[Power generation challenges in the GCC: Immediate capacity increases and expanding sustainable power sources to meet soaring needs]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55656</link>
<description><![CDATA[UAE. A.T. Kearney analysis says improved interconnections, unbundling and faster migration to renewable sources will fill gaps in power generation.

]]></description>
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<title><![CDATA[S&amp;P Indices and Arab Federation of Exchanges create S&amp;P AFE 40 Index ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55631</link>
<description><![CDATA[INTERNATIONAL. The S&amp;P AFE 40 is comprised of the 40 largest stocks (measured by float-adjusted market capitalisation) listed on AFE member exchanges.]]></description>
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<title><![CDATA[Middle Eastern listed companies slowly improving transparency online, reveals webranking survey ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55609</link>
<description><![CDATA[UAE. Al Khalij Commercial Bank from Qatar emerged as overall winner in the Middle East, followed by Aamal Company, also from Qatar, in second place. UAE real estate group Emaar maintained its position as third best corporate website.]]></description>
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<title><![CDATA[GCC aluminum industry on brink of becoming a leading global contributor, says Deloitte]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55548</link>
<description><![CDATA[UAE. GCC to become a primary aluminum production powerhouse with 13% of the world&#039;s aluminum production by 2013.

]]></description>
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<title><![CDATA[Bahrain&#039;s Batelco rated &#039;BBB-/A-3&#039; by S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55460</link>
<description><![CDATA[BAHRAIN. The negative outlook mirrors that on the sovereign. Accordingly, a downgrade of the Kingdom of Bahrain would trigger a one-notch downgrade of Batelco.
]]></description>
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<title><![CDATA[Bahrain third quarter GDP growth accelerates as unrest impact eases]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55450</link>
<description><![CDATA[BAHRAIN. Bahrain&#039;s economic growth sped up to 2.2% quarter-on-quarter in the July-September period as high oil prices continued to help the
economy recover from political unrest and capital flight earlier this year. 
]]></description>
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<title><![CDATA[Bahrain&#039;s BFX goes live ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55447</link>
<description><![CDATA[BAHRAIN. The Bahrain Financial Exchange (BFX) conventional segment commenced live trading, following the successful launch of its Islamic division (Bait Al Bursa) in February 2011.

]]></description>
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<title><![CDATA[Bahrain accepts report of rights violations]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55426</link>
<description><![CDATA[BAHRAIN. Bahraini security forces used &quot;excessive force&quot; and tortured detainees in a March crackdown, the head of an Independent Commission of Inquiry said.]]></description>
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<title><![CDATA[Greater collaboration between key markets essential to build scale and sustain global growth for Islamic finance]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55420</link>
<description><![CDATA[BAHRAIN. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain, inaugurated the world&#039;s largest annual gathering of Islamic finance leaders with record 1300 international delegates.]]></description>
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<title><![CDATA[Bahrain&#039;s industrial and financial sectors continue to expand, shows report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55418</link>
<description><![CDATA[BAHRAIN. There were particularly strong performances in Q2 2011 for local financial institutions and the insurance sector, which grew by 4.3% and 3.9% respectively and offset a decline in the offshore sector.

]]></description>
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<title><![CDATA[Thomson Reuters launches World&#039;s first Islamic interbank rate]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55417</link>
<description><![CDATA[INTERNATIONAL. Thomson Reuters works with leading Islamic finance institutions and banks to provide objective and dedicated benchmark for Shariah-compliant short-term interbank funding in Islamic finance industry.

]]></description>
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<title><![CDATA[Bahrain Economic Development Board launches International Placement Programme]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55412</link>
<description><![CDATA[BAHRAIN. The new programme, to be overseen by Tamkeen, will provide young Bahrainis with the opportunity to become immersed in a new language and culture while providing practical, long-term work experience.]]></description>
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<title><![CDATA[ADIB&#039;s Tirad Mahmoud voted Islamic Banker of the Year 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55411</link>
<description><![CDATA[BAHRAIN. The Award is presented to an individual who is an established banker, leading a reputable financial services provider, who, during the year 2011, has contributed significantly to the Islamic financial services industry. ]]></description>
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<title><![CDATA[Global Islamic banking assets with commercial banks to reach US$1.1 trillion in 2012, reveals Ernst &amp; Young report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55400</link>
<description><![CDATA[BAHRAIN. MENA Islamic banking assets with commercial banks to more than double to US$990 billion by 2015.]]></description>
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<title><![CDATA[Investcorp acquires three major real estate assets in the US ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55361</link>
<description><![CDATA[BAHRAIN. Recent acquisitions bring total investment in the real estate market this year to US$300 million.]]></description>
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<title><![CDATA[Rising debt maturities in the Gulf pose refinancing risks, says S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55329</link>
<description><![CDATA[UAE. Industry experts estimate bonds and sukuk of about US$25 billion will mature in 2012, rising to about US$35 billion in 2014. ]]></description>
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<title><![CDATA[Bahrain Economic Development Board to boost economic ties with Milan ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55318</link>
<description><![CDATA[BAHRAIN. The agreement represents an opportunity to build on existing commercial cooperation, to better understand the opportunities and outlook for investment and exchange market information, Shaikh Mohammed bin Essa Al-Khalifa said.]]></description>
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<title><![CDATA[Global Entrepreneurship Week 2011 Kicks Off]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55295</link>
<description><![CDATA[BAHRAIN. 60 aspiring Bahraini entrepreneurs were offered the chance to meet and interact with successful entrepreneurs who were mentors for the night at an informal networking dinner.]]></description>
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<title><![CDATA[Iran wants Bahrain as its &#039;crown jewel,&#039; says Bahrain foreign minister]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55108</link>
<description><![CDATA[BAHRAIN. &quot;Gulf countries should not have to stand alone facing Iran, (other) Arab countries must be responsible, and Arab publics must pay attention to Iran&#039;s dangers.&quot;]]></description>
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<title><![CDATA[Bahrain says still planning to sell Islamic bonds]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55076</link>
<description><![CDATA[BAHRAIN.  Bahrain is still planning to sell Islamic bonds, Sheikh Salman bin Isa Al Khalifa, executive director of banking operations at Bahrain&#039;s Central Bank, said.]]></description>
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<item>
<title><![CDATA[Opinion: Navigating Turbulent Markets]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54996</link>
<description><![CDATA[BAHRAIN. Asset classes that ordinarily would exhibit low volatility have been exhibiting extreme volatility including foreign exchange rates, commodities and government bond markets. 
]]></description>
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<title><![CDATA[Gulf Finance House reports US$ 4.1 million profit ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54991</link>
<description><![CDATA[BAHRAIN. Net profit US$4.1 million for the first nine months 2011 compared to US$162.2 million net loss for same period 2010.]]></description>
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<title><![CDATA[Siemens launches center for metallurgical services in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54879</link>
<description><![CDATA[BAHRAIN. Company enhances services for steel and aluminum industry in the Middle East.]]></description>
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<title><![CDATA[Social housing high on Bahrain&#039;s real estate agenda]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54855</link>
<description><![CDATA[BAHRAIN. Government showing optimistic plans to provide 50,000 social housing units; Attitudes within the commercial property sector indicate to a &quot;wait and see&quot; approach.

]]></description>
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<title><![CDATA[Gulf Air launches first aircraft in the world with global live TV ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54814</link>
<description><![CDATA[BAHRAIN. Airline offers latest in in-flight connectivity including broadband, mobile phone service, real-time telecast of news channels and live football games.

]]></description>
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<title><![CDATA[Young Arab Entrepreneurs set to compete at annual INJAZ Al-Arab regional competition 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54737</link>
<description><![CDATA[UAE. Students from 12 Arab nations to vie for highly converted &#039;Best Company of the year Award&#039; ]]></description>
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<title><![CDATA[Bahrain hires Citi, BNP, Standard Chartered for US$1 billion Sukuk]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54635</link>
<description><![CDATA[BAHRAIN. Money to finance a budget deficit of about 5% of gross domestic product, Central Bank Governor Rasheed al-Maraj said in an interview. 
]]></description>
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<title><![CDATA[Global Islamic funds assets grow to US$58 billion in 2010 but challenges remain for future performance, says Ernst &amp; Young]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54615</link>
<description><![CDATA[BAHRAIN. The growth was largely due to market performance and partially on account of new money inflows. 

]]></description>
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<title><![CDATA[Bahrain default risk rises to 6-month high on poll]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54536</link>
<description><![CDATA[BAHRAIN. Bahrain&#039;s default risk climbed to the highest since March, amid concern tensions may flare up before September 24 parliamentary elections.]]></description>
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<title><![CDATA[King of Bahrain establishes Special Fund for Victims]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54535</link>
<description><![CDATA[BAHRAIN. &quot;Fund to provide effective remedies to individuals and their families who may have suffered harm during the disruptions that occurred in Bahrain earlier this year.&quot;
]]></description>
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<item>
<title><![CDATA[Investcorp acquires US Kitchenware retailer Sur La Table ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54519</link>
<description><![CDATA[BAHRAIN. This acquisition comes at a time when the culinary industry in the US, and around the world, is growing rapidly. 

]]></description>
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<title><![CDATA[Bahrain sets framework for US$9.3 billion bond issue]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54510</link>
<description><![CDATA[BAHRAIN. Bahrain faced ratings downgrades after it was thrown into turmoil in February when citizens, mostly majority Shi&#039;ites, staged street protests calling for democratic reforms.]]></description>
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<title><![CDATA[Major markets in MENA face shortage of 3.5 million affordable housing units]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54486</link>
<description><![CDATA[UAE. Latest Jones Lang LaSalle report confirms that whilst governments across the region are increasing their attention on the supply of new homes, demand is far out-stripping supply.]]></description>
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<title><![CDATA[Bahrain&#039;s Arcapita swings to profit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54437</link>
<description><![CDATA[BAHRAIN. The Islamic investment recorded net income of US$50.2 million in its fiscal year ended June 30 compared with a loss of US$560 million for the year before. 
]]></description>
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<title><![CDATA[BASF breaks ground at world class plastic additives facility in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54427</link>
<description><![CDATA[BAHRAIN. Bahrain to be a key base in plastic polymer in the Middle East region. ]]></description>
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<title><![CDATA[Michael Jackson&#039;s brother  had plan to save him from jail]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54385</link>
<description><![CDATA[INTERNATIONAL. Jermaine Jackson told Britain&#039;s Times newspaper that a private jet financed by a friend was ready to fly the pop icon to Bahrain, which has no extradition treaty with the US.]]></description>
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<title><![CDATA[GCC states to invest over US$100 billion on rail networks ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54359</link>
<description><![CDATA[UAE. Mega railway projects, connecting all countries of the Arabian Peninsula, set to transform transport and logistics links. ]]></description>
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<title><![CDATA[FIA moves 2012 Bahrain Grand Prix to earlier in year]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54261</link>
<description><![CDATA[BAHRAIN. Under the current schedule, the race will be held April 22, a sign of confidence in the country&#039;s improving stability and its ability to host the top tier race. 

]]></description>
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<title><![CDATA[Insurers seek to define Arab Spring damage as claims may top US$500 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54246</link>
<description><![CDATA[INTERNATIONAL. As the Arab Spring gained momentum this year, the initial protests in Cairo&#039;s Tahrir Square constituted civil commotion, in the parlance of the global insurance industry. 

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<title><![CDATA[Middle East insurance update: Developments in &#039;handling client money&#039; regulation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54203</link>
<description><![CDATA[UAE. Within the GGC region, the regulation of insurance intermediaries, and particularly their handling of client money, has been relatively light. This article provides a summary of  the proposed regulation for Bahrain and Saudi Arabia and the existing regulation in place in the UAE.]]></description>
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<title><![CDATA[Bahrain&#039;s Batelco replaces Kaliaropoulous as group CEO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54188</link>
<description><![CDATA[BAHRAIN. Shaikh Mohamed bin Isa Al Khalifa named new group CEO; Current group CEO Peter Kaliaropoulos named CEO Strategic Assignments.
]]></description>
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<title><![CDATA[EU may probe Bahrain spy gear abuses]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54155</link>
<description><![CDATA[INTERNATIONAL. The surveillance technology in Bahrain was sold by Siemens, and later maintained by Nokia Siemens Networks, followed by Munich-based Trovicor.]]></description>
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<title><![CDATA[Bahrain&#039;s Unicorn exits investment in US electronics company]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54137</link>
<description><![CDATA[BAHRAIN. Unicorn Investment Bank has announced the sale of its investment in Victron, a specialty provider of high-mix, complex electronics manufacturing services.]]></description>
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<title><![CDATA[Geopolitical analysis: Re-examining the Arab Spring ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=54060</link>
<description><![CDATA[INTERNATIONAL. It is now more than six months since the beginning of the Arab Spring, and it is important to take stock of what has happened and what has not happened. ]]></description>
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<title><![CDATA[S&amp;P keeps &#039;BBB-/A-3&#039; rating on Bahrain&#039;s Arab Banking Corp, CreditWatch negative ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53996</link>
<description><![CDATA[INTERNATIONAL. The continued uncertainty in Libya, where ABC&#039;s major shareholder is based, prevents S%P from resolving the CreditWatch placement.
]]></description>
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<title><![CDATA[S&amp;P removes Arab Bank Bahrain from Watch, affirms ratings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53997</link>
<description><![CDATA[INTERNATIONAL. The outlook is negative as the ratings on the bank&#039;s Bahrain branch are capped by S&amp;P&#039;s T&amp;C assessment at &#039;BBB&#039;.
]]></description>
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<title><![CDATA[Gulf markets decline steadies]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53930</link>
<description><![CDATA[UAE. Most Gulf markets edged lower on Monday on lingering investor concerns about slowing global growth but declines were limited; Abu Dhabi&#039;s index rose 0.37%.]]></description>
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<title><![CDATA[Bahrain Ministry of Health says raided Medecins Sans Frontieres centre was &#039;unlicensed&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53864</link>
<description><![CDATA[BAHRAIN. The health ministry said it was &quot;disappointed by the serious allegations&quot; made by MSF, insisting the organisation was &quot;operating an unlicensed medical centre.&quot;]]></description>
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<title><![CDATA[Bahrain escapes downgrade at Fitch after political risk abates]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53849</link>
<description><![CDATA[BAHRAIN. Fitch said it removed Bahrain from its Credit Watch Negative list for borrowers facing a possible downgrade, because of reduced near-term political and economic risks.

]]></description>
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<title><![CDATA[Bahrain&#039;s Investcorp profits jump 37% to US$140.3 Million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53844</link>
<description><![CDATA[BAHRAIN. During the year, Investcorp realized more than US$1 billion in proceeds from alternative investments.]]></description>
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<title><![CDATA[G Capital acquires Adabank in Turkey for US$75 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53799</link>
<description><![CDATA[UAE. Dubai based G Capital, a subsidiary of Bahrain&#039;s Gulf Finance House, has announced it acquired Adabank in partnership with G&Atilde;&frac14;rmen Group.  ]]></description>
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<title><![CDATA[Bahrain&#039;s Ahli United Bank&#039;s &#039;BBB/A-3&#039; ratings affirmed by S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53775</link>
<description><![CDATA[INTERNATIONAL. &quot;The outlook is stable, indicating our belief that the bank is to some extent insulated from risks arising from the deteriorated political and economic environment in Bahrain.&quot; 

]]></description>
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<title><![CDATA[Standard &amp; Poor&#039;s named Best Ratings Agency for Takaful, Islamic Finance ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53763</link>
<description><![CDATA[INTERNATIONAL. S&amp;P currently publishes research and ratings on 15 Takaful and Retakaful firms located in Bahrain, Kuwait, Malaysia, Saudi Arabia, Singapore and the UAE.]]></description>
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<title><![CDATA[Gulf forces to reposition military units in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53711</link>
<description><![CDATA[BAHRAIN. The replacement of these military units &quot;is a routine operation,&quot; the official Manama-based news service reported ]]></description>
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<title><![CDATA[Bahrain &#039;most open economy&#039; in GCC, says KPMG report ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53694</link>
<description><![CDATA[BAHRAIN. Bahrain&#039;s comparative lack of hydrocarbons has lead to its status as one of the Gulf state&#039;s most &quot;financially forward-thinking&quot; countries.]]></description>
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<title><![CDATA[US Navy committed to Bahrain, says State Department]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53680</link>
<description><![CDATA[INTERNATIONAL. The U.S. Department of State reiterated the United States&#039; ironclad commitment to Bahrain in denying allegations it intended to move the Navy&#039;s Fifth Fleet.]]></description>
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<title><![CDATA[Iran hopes for end to &#039;misunderstandings&#039; with Saudi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53673</link>
<description><![CDATA[IRAN. &quot;After recent events in the region there were differences of analysis and interpretation,&quot; Iranian Foreign Minister Ali Akbar Salehi said.]]></description>
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<title><![CDATA[Bahrain rating removed from Watch negative and affirmed at &#039;BBB&#039; by S&amp;P]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53656</link>
<description><![CDATA[INTERNATIONAL. Outlook negative due to latent political tensions; A downgrade could occur if political turmoil reemerges and destabilises the financial system.

]]></description>
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<title><![CDATA[Batelco second quarter net profit drops 11.2% as customer costs rise]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53653</link>
<description><![CDATA[BAHRAIN. Batelco is one of the smaller telecoms operators in the Gulf Arab region with a home market of about 1.2 million people in which it faces rising competition from bigger rivals. ]]></description>
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<title><![CDATA[Bahrain is most expensive in the Middle East for construction, finds EC Harris report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53643</link>
<description><![CDATA[UAE. The figures revealed that it was almost half as expensive to build in Saudi Arabia as in Bahrain. 

]]></description>
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<title><![CDATA[Bahrain&#039;s Ahli United Bank reports 19% rise in first half profit to US$161.7 million ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53554</link>
<description><![CDATA[BAHRAIN. Q2/2011 net profit was 20.2% higher at US$ 84.4 million compared to US$ 70.2 million for Q2/2010.]]></description>
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<title><![CDATA[Global Mobility: Managing international assignments in the Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53515</link>
<description><![CDATA[UAE. With businesses operating globally, it is increasingly common for employees to be working in business units spread across jurisdictions or to spend time on secondment to an associated company or a branch of their employer company.

]]></description>
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<title><![CDATA[Saudi Arabia lending expands at fastest pace in the Gulf]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53426</link>
<description><![CDATA[SAUDI ARABIA. Bank credit to the private sector expanded 4.6% in the five months through May, according to data from the Saudi Arabian Monetary Agency. The rate ranged from a 4% drop in Bahrain to a 2.7% increase in the other five GCC countries. ]]></description>
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<title><![CDATA[Bahrain to expand international airport  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53416</link>
<description><![CDATA[BAHRAIN. Bahrain International Airport (BIA) will begin a new expansion program that is expected to increase the airport&#039;s capacity by 50%.
]]></description>
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<title><![CDATA[S&amp;P report addresses above-average profitability of Saudi banks, outlook for Bahrain&#039;s status as financial hub ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53379</link>
<description><![CDATA[UAE. Report also discusses debt restructuring and provisioning for banks in the GCC, especially Dubai, Bahrain, and Kuwait and the implementation of Basel III in the GCC. ]]></description>
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<title><![CDATA[Central Bank of Bahrain projects 3% GDP growth for 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53356</link>
<description><![CDATA[BAHRAIN. CBB Governor Rasheed Al Maraj refuted rumours that international banks had left Bahrain during the recent unrest and forecasted further economic growth for the next year.]]></description>
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<title><![CDATA[GAP opens at Bahrain City Centre]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53344</link>
<description><![CDATA[BAHRAIN. The new store opened its doors with ithe new Spring Summer 2011 collection which reflects the lightness and optimism in fashion.]]></description>
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<title><![CDATA[Bahrain will continue to be one of the largest financial centres in the region, says Capinnova Investment Bank CEO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53311</link>
<description><![CDATA[BAHRAIN. Islamic banking industry in Bahrain is one of the fastest growing sectors that offers an array of opportunities that is yet to be exploited.

]]></description>
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<title><![CDATA[Saudi Arabia to remove most troops from Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53302</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia is to withdraw most of its security forces from Bahrain starting on Monday after deciding the situation is calmer in the Gulf Arab country after protests in February and March. 

]]></description>
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<title><![CDATA[Bahrain national dialogue to begin Saturday]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53286</link>
<description><![CDATA[BAHRAIN. Bahrain announced a high-ranging &quot;national dialogue&quot; opening on July 2, although the largest Shiite opposition bloc said it has not yet decided whether to take part.

]]></description>
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<title><![CDATA[Bahrain official sees banks resilient, lending up ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53278</link>
<description><![CDATA[BAHRAIN. Bahrain&#039;s banks have weathered the political unrest, and lending is expected to rise in 2011, a Bahraini central bank official said on Monday. ]]></description>
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<title><![CDATA[Bahrain trials bear marks of &#039;political persecution,&#039; says UN human rights office]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53248</link>
<description><![CDATA[INTERNATIONAL. The OHCHR spoke out against the harsh sentence, handed down this week to several activists.]]></description>
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<title><![CDATA[Bahrain&#039;s Capital Club hosts ladies only workshop on &#039;how to network&#039; ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53217</link>
<description><![CDATA[BAHRAIN. Members learn effective interactive techniques to create, build, sustain and expand network. 

]]></description>
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<title><![CDATA[Bahrain sentences 8 Shia activists to life ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53202</link>
<description><![CDATA[BAHRAIN. Bahrain has sentenced eight Shia activists to life in jail for plotting to overthrow the government, the state news agency BNA reported.

]]></description>
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<title><![CDATA[UN labour chief deplores call for Bahraini union leaders to resign or face legal action]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53180</link>
<description><![CDATA[INTERNATIONAL. Juan Somavia issued a statement in response to &quot;this confrontational ultimatum&quot;.]]></description>
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<title><![CDATA[Investcorp makes US$40 million acquisition of Residence Inn Manhattan Beach in Los Angeles]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53153</link>
<description><![CDATA[BAHRAIN. Residence Inn is the Marriott hotel group&#039;s brand of extended stay hotels, a type of lodging that has more home-like amenities.]]></description>
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<title><![CDATA[MAF Dalkia awarded facilities management contract for Arcapita Building in Bahrain Bay]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53093</link>
<description><![CDATA[BAHRAIN. MAF Dalkia will provide multi-technical services for air-conditioning, electrical, plumbing, building management system, lifts, and generators. ]]></description>
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<title><![CDATA[Lagarde wins support of Egypt, Bahrain, UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=53048</link>
<description><![CDATA[INTERNATIONAL. French Finance Minister Christine Lagarde won the support of Egypt, Bahrain and the UAE for her bid to become the next managing director of the IMF. 

]]></description>
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