<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[Saks shares rise on report it hired Goldman Sachs for strategic options]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61931</link>
<description><![CDATA[INTERNATIONAL. The luxury department store chain hired Goldman Sachs to explore strategic alternatives, including a possible sale, according to a source briefed on the matter.
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<title><![CDATA[Productivity growth and trade will deliver sustained economic growth in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61919</link>
<description><![CDATA[BAHRAIN. The emphasis of development will likely shift more towards the tradable sector. Sectors of particular promise include knowledge-based services and high value-added manufacturing, according to Dr. Jarmo Kotilaine, Chief Economist at the Bahrain EDB.]]></description>
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<title><![CDATA[Political uncertainties overshadow Bahrain&#039;s regional hub status, says A.M Best report ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61882</link>
<description><![CDATA[INTERNATIONAL. Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence.]]></description>
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<title><![CDATA[Leading keynote speakers contest social media at Bahrain&#039;s capital Club]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61878</link>
<description><![CDATA[BAHRAIN. 85% support the motion that the benefits of social media are worth the consequences, compared to the initial vote of 65% before the arguments began.]]></description>
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<title><![CDATA[IMF says Bahrain&#039;s growing debt may be unsustainable by 2018]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61863</link>
<description><![CDATA[BAHRAIN. Bahrain must urgently cut spending or risk unsustainable public debt as its fiscal deficit widens and oil prices decline, according to the IMF. ]]></description>
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<title><![CDATA[Marks &amp; Spencer opens new store in Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61851</link>
<description><![CDATA[BAHRAIN. M&amp;S continues to expand in Middle East with its 21st store in the MENA region opening at Bahrain City Centre shopping mall.]]></description>
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<title><![CDATA[PineBridge Investments appoints Chief Investment Officer]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61834</link>
<description><![CDATA[BAHRAIN. Wael Aburida will lead the MENA private equity and real estate team covering the Middle East, North Africa and Turkey, with responsibility for deal origination, negotiations, execution, portfolio management, and exits.]]></description>
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<title><![CDATA[IIF sees robust growth and progress on diversification in the GCC ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61816</link>
<description><![CDATA[UAE. Banking system is sound and has fully recovered from the spillovers of the global financial crisis;  Gross foreign assets to exceed US$2.5 trillion by end-2013, reinforcing economic resilience if oil prices drop.]]></description>
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<title><![CDATA[Bahrain&#039;s Securities &amp; Investment Company reports 37% drop in first quarter profit ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61812</link>
<description><![CDATA[BAHRAIN. Net profit of BD 1.02 million for the first quarter of 2013, compared with BD 1.58 million for the corresponding period in 2012.]]></description>
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<title><![CDATA[SICO equity funds top MENA grading from Standard &amp; Poor&#039;s Capital IQ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61757</link>
<description><![CDATA[BAHRAIN.  All funds continued to outperform their respective benchmarks and peers during 2012; &quot;A strong and growing investment team with relatively modest staff turnover.&quot;

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<title><![CDATA[MENA business confidence climbs bucking global trend, says YPO ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61743</link>
<description><![CDATA[BAHRAIN. The YPO Global Pulse Confidence Index for the Middle East and North Africa region advanced marginally by 1.9 points to 60.3 in Q1 2013.]]></description>
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<title><![CDATA[Tamkeen and AZADEA continue to develop retail talent]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61693</link>
<description><![CDATA[BAHRAIN. The encompasses a 4-month intensive retail training course for new Bahraini recruits of AZADEA Group, one of the region&#039;s largest lifestyle and fashion retailers in the MENA region.]]></description>
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<title><![CDATA[PineBridge partners with CICC Investment Management to launch first global fund of hedge funds targeting qualified Chinese investors]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61690</link>
<description><![CDATA[BAHRAIN. PineBridge and CICC Investment Management (USA) have both invested proprietary capital to seed the Fund and ensure alignment of interests with investors.]]></description>
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<title><![CDATA[Standard Chartered Private Equity exits US$75 million Mezzanine Investment in Bahrain&#039;s Hassan Mohammed Jawad &amp; Sons]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61655</link>
<description><![CDATA[UAE. The investment was made at the height of the global financial crisis and served to recapitalize and strengthen Jawad Business Group&#039;s balance sheet.]]></description>
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<title><![CDATA[Cluttons sees surge in Bahrain&#039;s residential market supply with stable rents ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61600</link>
<description><![CDATA[BAHRAIN. Positive outlook for the Kingdom&#039;s economy as political stability improves; Retail sector remains buoyant in both large and small developments.]]></description>
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<title><![CDATA[Shubbak 2013: Mayor of London unveils plans for international festival of Arab culture]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61588</link>
<description><![CDATA[QATAR. London&#039;s celebration of contemporary culture from across the Arab world was first launched in 2011.]]></description>
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<title><![CDATA[Mumtalakat wins Sovereign Wealth Fund award ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61580</link>
<description><![CDATA[BAHRAIN. Award recognises Mumtalakat&#039;s leadership in the Malaysian Capital Markets. ]]></description>
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<title><![CDATA[Bahrain to forge closer ties with NATO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61565</link>
<description><![CDATA[BAHRAIN. Bahrain has been a major non-NATO ally since 2002, and has often expressed an interest in forming closer ties with the military alliance.]]></description>
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<title><![CDATA[Bahrain launches &#039;Business in Formula 1&#039; initiative ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61518</link>
<description><![CDATA[BAHRAIN. The Bahrain Economic Development Board (EDB)  launches a new initiative focused on engaging the business community in a series of vibrant business development and networking opportunities. ]]></description>
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<title><![CDATA[Global Information Technology Report highlights role of digital technologies in creating much needed jobs in the Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61480</link>
<description><![CDATA[UAE. The report ranks three GCC countries in the top 30 list globally, and another two in the top 40: Qatar (23), the United Arab Emirates (25), Bahrain (29), Saudi Arabia (31) and Oman (40), demonstrating that they continue to embrace ICT to boost their country&#039;s competitiveness.  ]]></description>
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<title><![CDATA[Investcorp acquires five office properties valued at US$200 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61438</link>
<description><![CDATA[BAHRAIN.  Investcorp&#039;s US-based real estate arm has acquired five high-quality, office properties in the Washington, D.C., Denver and Houston metropolitan areas. ]]></description>
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<title><![CDATA[GCC markets end March in the green, except the UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61429</link>
<description><![CDATA[KUWAIT. Kuwait led the rally with a 4.0%MoM gain, followed by Saudi Arabia; Trading activity increased, while IPO activity remained subdued.]]></description>
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<title><![CDATA[Investcorp renews commitment to Berlin Packaging with US$610 million refinancing ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61393</link>
<description><![CDATA[BAHRAIN. Investcorp acquired a majority stake in the Chicago-based Company in 2007 and will remain the majority owner. ]]></description>
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<title><![CDATA[GCC banks settle at high single digit growth percentages and outperform international banks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61342</link>
<description><![CDATA[UAE. A recent study by The Boston Consulting Group shows that Middle East banking revenues continued to grow at single digit rates in 2012 with a 6.9% increase, whilst profits increased by 8.1% due to an overproportional increase in extraordinary income; Increase in total LLPs driven by Saudi Arabia and Kuwait.]]></description>
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<title><![CDATA[Analysis: Carbon capture comes of age]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61318</link>
<description><![CDATA[UAE. For any energy or carbon saving technology there has to be a financial benefit for companies operating in market economies]]></description>
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<title><![CDATA[Social media empowering MENA businesses to innovate like never before]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61298</link>
<description><![CDATA[UAE. Pioneering study by Dubai School of Government and SAP focusing on Arab youth, reveals 86% believe social media empowers entrepreneurs.]]></description>
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<title><![CDATA[Social media can help MENA youth find jobs and spark entrepreneurship ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61272</link>
<description><![CDATA[UAE. Findings revealed in most comprehensive study by Dubai School of Government and SAP on region&#039;s social media trends. ]]></description>
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<title><![CDATA[44% of MENA professionals expect their personal finances to improve in the next six months]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61234</link>
<description><![CDATA[UAE. 55% of MENA residents believe business conditions will also become better, according to the latest MENA Consumer Confidence Index Survey conducted by Bayt.com and YouGov.]]></description>
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<title><![CDATA[Urgent job creation on a mass scale key to stability in the Arab region, says UNDP report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61212</link>
<description><![CDATA[INTERNATIONAL. Arab States could reap a major &quot;demographic dividend&quot; if they can convert their advances in education into employment opportunities for youth, says the 2013 Human Development Report.]]></description>
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<title><![CDATA[Bahrain central bank sees GDP growth around 4% in 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61193</link>
<description><![CDATA[BAHRAIN. Governor Rasheed al-Maraj did not explain why his forecast was lower than that of the EDB, which predicted GDP would expand 6.2% in 2013.  ]]></description>
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<title><![CDATA[Forbes Middle East announces the Most Influential Arab Women in MENA]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61189</link>
<description><![CDATA[UAE. The UAE achieved the top spot with Raja Easa Al Gurg ahead of Saudi Arabia&#039;s Lubna Olayan and Bahrain&#039;s Mona Almoayyed .]]></description>
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<title><![CDATA[Bahrain EDB Chief Economist outlines opportunities  in a growing GCC economy ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61182</link>
<description><![CDATA[BAHRAIN. Dr Jarmo Kotilaine focused on the excellent opportunities that Bahraini financial services companies are offered as the GCC takes a larger role in the world economy.]]></description>
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<title><![CDATA[Investcorp completes the sale of IPH Group to PAI Partners ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61113</link>
<description><![CDATA[BAHRAIN. During the period of ownership by Investcorp, IPH Group tripled its sales from EUR 293 million to EUR 860 million.]]></description>
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<title><![CDATA[Middle East population boom creates growth opportunity but only with long-term investment, says ICAEW]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61093</link>
<description><![CDATA[UAE. A population boom means a huge potential workforce for the Middle East. In its latest quarterly report, the accountancy and finance body says the huge increase in younger people will demand strategic decisions in how to direct public spending.]]></description>
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<title><![CDATA[Business travel in MENA on road to recovery, finds YouGov survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61058</link>
<description><![CDATA[UAE. 43% of respondents report an increase in business travel budgets during 2012; KSA and UAE most popular business travel destinations among respondents in 2012; 29% of business travelers surveyed flew in a premium class in 2012.]]></description>
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<title><![CDATA[Salary tops list of reasons MENA professionals quit, reveals Bayt.com survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61057</link>
<description><![CDATA[UAE. The majority of employees stay no longer than five years in a job; Multinationals seen as having highest retention rates; 60.2% state that retention today is lower than in previous generations. ]]></description>
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<title><![CDATA[Forbes Middle East unveils the Best Performing Economies in the Arab World ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61018</link>
<description><![CDATA[UAE. The study highlights positive transformation in oil-exporting countries including economic diversification and increased public spending on health &amp; education.]]></description>
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<title><![CDATA[GCC equities forecast to generate 10%-15% return in 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61013</link>
<description><![CDATA[BAHRAIN. Optimistic outlook for GCC equities forms the basis of a report from Bahrain-based regional investment bank, Securities &amp; Investment Company (SICO).]]></description>
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<title><![CDATA[Bahrain&#039;s Investcorp buying stake in Hydrasun from Equistone]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60992</link>
<description><![CDATA[BAHRAIN.  &quot;We&#039;re now discussing whether to launch another fund or to do more deal-by-deal,  investments,&quot; Mohammed Al-Shroogi, the company&#039;s president for Gulf business, said.]]></description>
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<title><![CDATA[67% of UAE employers planning to hire in 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60985</link>
<description><![CDATA[UAE. 30% of MENA employers are &quot;definitely hiring&quot;, an additional 27% say they are &quot;probably hiring&quot;; In the UAE, 35% of the companies are &quot;definitely hiring&quot; in the next three months.]]></description>
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<title><![CDATA[MENA M&amp;A: Oil and gas transactions up 14% in 2012, says Ernst &amp; Young]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60962</link>
<description><![CDATA[BAHRAIN. Middle East transactions remained concentrated on Kurdistan, with four of the five biggest deals in the oil-rich region of Iraq; Overall, there were 45 transactions in MENA;  The average transaction size decreased from US$3.6 billion to US$2.8 billion.]]></description>
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<title><![CDATA[Latest Bahrain economic report estimates 2012 GDP growth of 3.9% driven by non-oil sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60943</link>
<description><![CDATA[BAHRAIN. Recovery gaining momentum with real growth seen over 6% in 2013.]]></description>
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<title><![CDATA[Gulf economies continue to perform well but there is still no progress on structural weaknesses, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60925</link>
<description><![CDATA[INTERNATIONAL. &quot;Weaknesses include the quality of policy debate; the strength and depth of institutions; transparency of decision-making; data monitoring and reliability of information; legal frameworks and the rule of law; and succession risks.&quot;
]]></description>
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<title><![CDATA[AUB completes sale of 29.4% stake in Ahli Bank Qatar]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60877</link>
<description><![CDATA[BAHRAIN. Transaction completed at a price of QR60 per share and for a total consideration of US$615.9 million, generating a net exceptional profit of US$212.9 million.]]></description>
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<title><![CDATA[Bahrain may need to borrow to finance deficit, says Kuwait Finance House report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60872</link>
<description><![CDATA[BAHRAIN.The  economy may see  a deficit that is equal to 6.1% of its gross domestic product this year, as spending is expected to reach US$9.2 billion, the bank said.]]></description>
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<title><![CDATA[Bahrain travel and tourism sector on track to contribute 17.4% to GDP by 2021]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60868</link>
<description><![CDATA[BAHRAIN. Healthy hotel pipeline to expand business and leisure product as government infrastructure investment opens up new opportunities for inbound visitor growth; ATM 2013 road show event to bring together key industry players as market picks up.]]></description>
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<title><![CDATA[Gulf banks replacing European banks as major acquirers in MENA, says S&amp;P ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60850</link>
<description><![CDATA[UAE. &quot;Gulf banks have been big buyers of financial institution assets in MENA emerging markets countries in the past year, and we expect the trend to continue in the next few years, attracted in part by lower prices than before the financial crisis.&quot;]]></description>
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<title><![CDATA[Bahrain has one of the lowest costs of doing business in the GCC, finds report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60845</link>
<description><![CDATA[BAHRAIN. &quot;These findings reflect the work that the Kingdom has done to create an environment that helps businesses succeed.&quot;
]]></description>
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<title><![CDATA[GCC executives remain cautiously optimistic, finds YouGov, McGill Consulting Group Business Confidence Index ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60839</link>
<description><![CDATA[UAE. Business confidence decreased in Q4 across all countries in the GCC, with the largest drop in Saudi Arabia (-6.86 points) and Bahrain (-6.72 points). Overall business confidence remained the most stable in the UAE.]]></description>
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<title><![CDATA[Corporate fraud discussed at Bahrain British Business Forum&#039;s monthly luncheon]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60785</link>
<description><![CDATA[BAHRAIN. Nicola Fowler, Corporate Investigations Consultant with Control Risks, a leading independent global risk consultancy, was the keynote speaker at the event.]]></description>
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<title><![CDATA[MENA Hotel RevPAR up by 8% in 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60775</link>
<description><![CDATA[INTERNATIONAL. Most markets in the Middle East and North Africa region post an increase in RevPAR in 2012, driven mainly by better demand according to MKG Hospitality. ]]></description>
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<title><![CDATA[Capital Club Bahrain launches 2013 debate series]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60769</link>
<description><![CDATA[BAHRAIN. Leading keynote speakers contest whether womwn are their own worst enemy. ]]></description>
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<title><![CDATA[S&amp;P revises Bahrain outlook to stable on steady growth, GCC support, and contained political risk]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60767</link>
<description><![CDATA[BAHRAIN. Bahrain has emerged from its 2011 crisis with a more subdued but also more stable economy, primarily driven by a buoyant hydrocarbons sector and higher public spending; &#039;BBB/A-2&#039; ratings affirmed.]]></description>
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<title><![CDATA[Significant opportunities for investment in MENA region, says PineBridge ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60764</link>
<description><![CDATA[BAHRAIN. Global independent asset manager to offer private equity, investment management and real estate from its new regional headquarters in Bahrain Financial Harbour district. ]]></description>
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<title><![CDATA[Bahrain king invites opposition to restart talks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60730</link>
<description><![CDATA[BAHRAIN.  &quot;Representatives of the political societies and independent members of the political community,&quot; invited to resume a national dialogue.]]></description>
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<title><![CDATA[Overall hotel occupancy rate in Dubai at 80%, finds Ernst &amp; Young survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60714</link>
<description><![CDATA[UAE. The report covers occupancy and rate performance in key hotel markets across selected countries and cities in the Middle East. ]]></description>
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<title><![CDATA[Middle East insurance industry must shift strategic focus ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60671</link>
<description><![CDATA[BAHRAIN. Annual Middle East Insurance Forum (MEIF 2013) to discuss key strategies for maintaining growth momentum while boosting profitability in the regional insurance market.]]></description>
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<title><![CDATA[MENA governments need to engage the private sector to help address the growing crisis of affordable housing, says Ernst &amp; Young]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60663</link>
<description><![CDATA[UAE. Despite many MENA nations&#039; commendable efforts so far, the supply of affordable housing is falling far short of demand, and demand is rising.]]></description>
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<title><![CDATA[Bahrain remains MENA region&#039;s most economically free country ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60668</link>
<description><![CDATA[BAHRAIN. Kingdom ranks 1st out of 15 regional countries and 12th out of 177 economies worldwide, according to the annual Index of Economic Freedom published by The Heritage Foundation and the Wall Street Journal.]]></description>
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<title><![CDATA[Managing your workforce in the GCC: a review of 2012 and a look forward into 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60650</link>
<description><![CDATA[UAE. Across the GCC, especially in KSA, it is likely that legislation encouraging the employment of nationals will be further developed and linked to an employer&#039;s ability to sponsor foreign nationals for work and residency purposes.]]></description>
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<title><![CDATA[Bahrain lender sells Ahli Bank stake to Qatar Foundation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60625</link>
<description><![CDATA[BAHRAIN. Ahli United sells almost all of 33% holding in Qatar&#039;s Ahli Bank; Stake worth US$530 million at Wednesday&#039;s closing price.]]></description>
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<title><![CDATA[Shaikha Haya named head of ICC Bahrain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60599</link>
<description><![CDATA[BAHRAIN.  Shaikha Haya bint Rashid Al Khalifa has been named the new chair of the International Chamber of Commerce (ICC) Bahrain.]]></description>
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<title><![CDATA[Bahrain continues to attract significant foreign investment ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60586</link>
<description><![CDATA[BAHRAIN. Forty international businesses establish operations in the Kingdom as a result of direct outreach activities carried out by the Bahrain Economic Development Board.]]></description>
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<title><![CDATA[Work-life balance is the most motivating factor for employees in the UAE, reveals survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60578</link>
<description><![CDATA[UAE. 38% of UAE respondents claim to receive very little or no company support towards achieving a healthy balance, according to Bayt.com and YouGov survey.]]></description>
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<title><![CDATA[Bahrain&#039;s Arcapita completes sale of interest in senior care facilities in London]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60562</link>
<description><![CDATA[BAHRAIN. The acquirer was Healthcare REIT, Inc., a publically traded real estate investment trust based in Ohio, USA. ]]></description>
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<title><![CDATA[GFH Capital completes Leeds United Football Club transaction]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60487</link>
<description><![CDATA[UAE. GFH Capital has been unveiled as the new owners of Leeds United Football Club following completion of the transaction on Thursday night.]]></description>
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<title><![CDATA[Bahrain International Airport to expand capacity in 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60448</link>
<description><![CDATA[BAHRAIN. The project will include expansions to the main passenger terminal building and the construction of a major service centre.]]></description>
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<title><![CDATA[China, Russia and Arab countries coalition resubmit proposal to get web control]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60408</link>
<description><![CDATA[UAE. The 8 countries pushing for more sovereign control over web addresses includes Algeria, Bahrain, Iraq, Saudi Arabia, UAE, Sudan, China and Russia. ]]></description>
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<title><![CDATA[Fault lines in GCC banking sector threaten recent growth, finds AlixPartners study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60375</link>
<description><![CDATA[UAE. In order to successfully enter a &quot;Diamond Age&quot; of banking, policy makers as well as bank managements must be prepared to address issues of the past and to build a new stage for GCC banks, says the study.]]></description>
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<title><![CDATA[GCC retail industry set for steady growth, says Alpen Capital]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60358</link>
<description><![CDATA[UAE. Alpen Capital has published its Retail Industry report which provides a perspective of the overall industry, major market characteristics, and future trends. The report   presents an outlook based on demand-side and supply-side approaches. ]]></description>
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<title><![CDATA[Bahrain Crown Prince urges talks with opposition]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60351</link>
<description><![CDATA[BAHRAIN. Bahraini Crown Prince Salman bin Hamad al-Khalifa called on Friday for dialogue with the mainly Shiite Muslim opposition, urging them to condemn violence.

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<title><![CDATA[CFA Institute to host Middle East seminars]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60303</link>
<description><![CDATA[UAE. Topics to include regional investment challenges and the future outlook on the global economy; Events programmed for Dubai, Abu Dhabi, Bahrain and Kuwait.
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<title><![CDATA[Oil, gas and petrochemicals are top industries in MENA, reveals survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60282</link>
<description><![CDATA[UAE. Industry is a regional leader in terms of current employee satisfaction, and respondent perceptions, according to Bayt.com and YouGov survey.]]></description>
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<title><![CDATA[Gulf Air&#039;s chief executive Majali resigns]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60268</link>
<description><![CDATA[BAHRAIN. Gulf Air&#039;s Chief Executive Officer, brought in to restructure the airline&#039;s operations in 2009, has resigned, the Bahrain-based firm said in a statement.]]></description>
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<title><![CDATA[Bahrain ranked most economically free country in the Arab world]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60253</link>
<description><![CDATA[BAHRAIN.  Bahrain has been ranked number one, alongside the UAE, in the Fraser Institute&#039;s annual report on Economic Freedom of the Arab World.]]></description>
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<title><![CDATA[The World Islamic Banking Competitiveness Report 2012/13 to be launched ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60235</link>
<description><![CDATA[BAHRAIN. New Research Report by Ernst &amp; Young to be exclusively launched at a special plenary session at the 19th Annual World Islamic Banking Conference (WIBC 2012) in Bahrain]]></description>
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<title><![CDATA[Gulf invests in super vessels despite maritime challenges ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60234</link>
<description><![CDATA[UAE. Vessels above 10,000 TEU in demand as ship operators look for economies of scale - Key regional maritime figures discuss industry challenges at Seatrade Middle East Maritime event in Dubai. ]]></description>
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<title><![CDATA[Oman ranked top five in Economic Freedom of the Arab World report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60190</link>
<description><![CDATA[OMAN. Bahrain and the UAE occupy the top two positions followed by Jordan, Kuwait, and Lebanon and Oman in joint fifth position ahead Qatar, Saudi Arabia, and Egypt.]]></description>
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<title><![CDATA[Fitch affirms Batelco at &#039;BBB-&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60185</link>
<description><![CDATA[INTERNATIONAL. The rating reflects Batelco&#039;s leading position in the domestic market, its robust free cash flow (FCF) on a group level despite elevated competition and EBITDA margin pressure.]]></description>
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<title><![CDATA[PineBridge Investments Middle East appoints Dina Kasrawi as Managing Director for Marketing and Communications]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60180</link>
<description><![CDATA[BAHRAIN. This appointment reinforces PineBridge&#039;s commitment to diversity, especially at the senior management level.]]></description>
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<title><![CDATA[GCC business outlook 2013: Economic growth, solid fundamentals and investemnt opportunities]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60115</link>
<description><![CDATA[BAHRAIN. Capital Club Bahrain hosted an in-depth look ahead at the region&#039;s business and economy; GCC business and economy to grow by 3.25%.]]></description>
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<title><![CDATA[Middle East&#039;s wealthy remain optimistic in the face of adversity ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60032</link>
<description><![CDATA[UAE. 91% of wealthy individuals in the Middle East believe viewing failure positively is essential for an economy to grow, according to the latest edition of Barclays Wealth Insights]]></description>
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<title><![CDATA[GCC executives upbeat about growth in the next year]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60025</link>
<description><![CDATA[UAE. The YouGov and McGill Consulting Group GCC Business Confidence Index reveals Bahrain has the highest increment in confidence (2.3 points) in this quarter followed by Kuwait and Oman; Two countries with slightly declined confidence are the UAE (2.26 points) followed by Qatar.]]></description>
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<title><![CDATA[Batelco sues Indian ex-partner for US$185 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60016</link>
<description><![CDATA[BAHRAIN. Bahrain Telecommunications Co claims Siva Ltd has failed to adhere to a settlement agreement over their joint venture S Tel.]]></description>
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<title><![CDATA[Ulusal Faktoring broadens investor base with inaugural Turkish bond offering]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59992</link>
<description><![CDATA[INTERNATIONAL. &quot;The MENA region and Turkey remain among the key growing economies in the world and a natural destination for investment,&quot; said Talal Al Zain, CEO of PineBridge Investments Middle East.]]></description>
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<title><![CDATA[Bahrain&#039;s Investcorp to buy Georg Jensen for US$140 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59954</link>
<description><![CDATA[BAHRAIN. Investcorp plans to expand the Danish  luxury retailer in Asia, especially China.
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<title><![CDATA[Investcorp completes US$250 million five-year bond issue]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59939</link>
<description><![CDATA[BAHRAIN. Debut dollar-denominated bond follows successful loan financing in June. ]]></description>
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<title><![CDATA[Mubasher rated as Best UAE Broker for third successive year]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59815</link>
<description><![CDATA[BAHRAIN. &quot;Global Investor&quot; recognizes Mubasher for technology and product leadership.]]></description>
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<title><![CDATA[GFH&#039;s Royal Ranches Marrakech project adapts to local market demand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59793</link>
<description><![CDATA[MOROCCO. Project model modified to mixed-use commercial and affordable housing; BMCE Bank express willingness to finance units&#039; buyers.]]></description>
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<title><![CDATA[Dana Gas begins production from new Egypt NGL plant]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59775</link>
<description><![CDATA[UAE. Ras Shukheir joint-venture project loads first propane cargo.
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<title><![CDATA[Growth potential of Qatari banks &#039;tempered by market constraints and key concerns&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59733</link>
<description><![CDATA[BAHRAIN. Key concerns remain over the banks&#039; increasing reliance on foreign interbank borrowing, growing real estate exposure, and aggressive international expansion plans that could dilute their earnings, according to a SICO Research report.]]></description>
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<title><![CDATA[&#039;Renters market&#039; in Bahrain leading to focus on quality developments, says Cluttons]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59631</link>
<description><![CDATA[BAHRAIN. Tenants bargaining hard for lower rental rates; Demand centred on high quality units; Middle income projects showing positive activity.]]></description>
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<title><![CDATA[Overcoming the profitability challenge vital for Middle East Takaful operators]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59555</link>
<description><![CDATA[BAHRAIN. The Middle East Takaful Forum (METF 2012) to feature critical discussions that will seek to tackle the profitability challenge for Shari&#039;ah-compliant insurance operators in the region.]]></description>
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<title><![CDATA[GCC-listed companies miss analysts&#039; profit estimate]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59554</link>
<description><![CDATA[BAHRAIN. The profit shortfall was led mainly by the results of Kuwaiti companies, according to Bahrain-based Securities &amp; Investment Company (SICO).]]></description>
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<title><![CDATA[Investcorp to acquire 35% stake in Kuwait&#039;s Automak]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59534</link>
<description><![CDATA[KUWAIT. Capital injection in the leading independent vehicle leasing and rental company in Kuwait is Gulf Opportunity Fund&#039;s sixth investment in the region.]]></description>
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<title><![CDATA[Bahrain&#039;s GFH Capital says to lead Leeds United acquisition]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59505</link>
<description><![CDATA[BAHRAIN. Gulf Finance House unit has signed an exclusive agreement to lead and arrange the acquisition of Leeds City Holdings, the parent company of Leeds United Football Club.]]></description>
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<title><![CDATA[Lifestyle-related diseases driving 12% growth rate in GCC healthcare industry, says Frost &amp; Sullivan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59492</link>
<description><![CDATA[UAE. Saudi Arabia remains the largest spender on healthcare with US$24.2 billion expenditure; Among GCC countries, Bahrain spent the highest percentage of its GDP, 5%, while Qatar spent the lowest, 2%.]]></description>
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<title><![CDATA[UN Human Rights Council accepts Bahrain Universal Periodic Review]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59416</link>
<description><![CDATA[BAHRAIN. Bahrain&#039;s Minister of Foreign Affairs, delivered the opening statement in Geneva highlighting Bahrain&#039;s achievement in applying the council&#039;s recommendations.]]></description>
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<title><![CDATA[Fraser Institute ranks Bahrain among top 10 freest economies in the world]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59406</link>
<description><![CDATA[BAHRAIN. Bahrain is the most economically free nation in the MENA region, and the seventh freest  in the world, according to the leading international think tank.]]></description>
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<title><![CDATA[Saudi Arabia has given US$3.7 billion in aid to region, says IMF]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=59407</link>
<description><![CDATA[INTERNATIONAL. Saudi Arabia has so far disbursed about a fifth of the much-needed aid it promised to Arab countries since uprisings erupted in the region last year, according to the IMF]]></description>
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