<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Egypt</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[Sawiris&#039; Accelero to buy Allstream for US503 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61960</link>
<description><![CDATA[EGYPT. Egyptian billionaire Naguib Sawiris, who has said in the past that he regretted investing in Canada, is giving it another go. ]]></description>
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<title><![CDATA[Singer and composer Georges Moustaki dies at 79]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61947</link>
<description><![CDATA[INTERNATIONAL. Moustaki penned some 300 songs including the 1958 hit &quot;Milord&quot; sung by Edith Piaf which created a worldwide sensation.
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<title><![CDATA[Egypt&#039;s reliance on central bank funding may add to inflationary pressures]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61921</link>
<description><![CDATA[EGYPT. The Egyptian government is facing an increasingly difficult set of economic circumstances that could raise inflationary pressures and lead to further social unrest, says a report by Standard &amp; Poor&#039;s Ratings Services]]></description>
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<title><![CDATA[Egypt rethinks its subsidy system for the poor]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61877</link>
<description><![CDATA[EGYPT.  The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.]]></description>
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<title><![CDATA[Citadel Capital outlines strong upside potential for sustainable, high-growth investments in Africa and Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61868</link>
<description><![CDATA[EGYPT. Hisham El-Khazindar, Co-Founder and Managing Director of Citadel Capital, took part in a panel on emerging market opportunities and trends at the IFC-EMPEA annual gathering in Washington D.C.]]></description>
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<title><![CDATA[Egypt ideology devolves into anarchy amid vendettas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61847</link>
<description><![CDATA[EGYPT. Two years into the polarizing transition from the rule of deposed President Hosni Mubarak, political movements in Egypt have shown a growing willingness to confront opponents with force or take the law into their own hands.]]></description>
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<title><![CDATA[Egypt&#039;s litigious transition: Judicial intervention and the muddied road to democracy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61840</link>
<description><![CDATA[INTERNATIONAL. Mahmoud Hamad evaluates the evolving role of Egypt&#039;s judiciary in the country&#039;s transition since the ouster of then-president Hosni Mubarak in February 2011.]]></description>
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<title><![CDATA[Egypt&#039;s Mubarak back in court for retrial]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61803</link>
<description><![CDATA[EGYPT. Former Egyptian president Hosni Mubarak was back in court on Saturday for a retrial on charges of complicity in the murder of protesters.]]></description>
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<title><![CDATA[Prominent Egypt youth activist jailed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61802</link>
<description><![CDATA[EGYPT. Egypt&#039;s security forces detained the founder of one of the key youth movements behind the 2011 uprising that toppled the former regime upon his arrival at Cairo. ]]></description>
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<title><![CDATA[Egypt ratings lowered to &#039;CCC+/C&#039; on continued pressure on foreign currency reserves ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61773</link>
<description><![CDATA[EGYPT. The likelihood of the Egyptian authorities meeting their fiscal targets, easing external pressures, and strengthening the social contract has deteriorated, says S&amp;P.]]></description>
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<title><![CDATA[Egypt April inflation accelerates driven by rise in food prices]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61771</link>
<description><![CDATA[EGYPT. Egypt&#039;s inflation accelerated to 8.1%, pressuring the government as it seeks to conclude a US$4.8 billion IMF loan. 
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<title><![CDATA[Saudi Arabia, Egypt, and Morocco lead efforts to develop MENA&#039;s renewable energy sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61672</link>
<description><![CDATA[UAE. The UAE&#039;s most notable performance is in the solar index, where it was ranked number 12 in Ernst &amp; Young report. ]]></description>
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<title><![CDATA[Geopolitical Analysis: Anarchy and Hegemony]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61631</link>
<description><![CDATA[INTERNATIONAL. In the case of the Middle East, do not conflate chaos with democracy. Democracy itself implies an unequal, hierarchal order, albeit one determined by voters.  What we have in many places in the Middle East is the weakening of central authority with no new hierarchy to adequately replace it.
]]></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[Egypt&#039;s IMF loan accord unlikely before fourth quarter, says EFG ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61585</link>
<description><![CDATA[EGYPT. Talks between the Arab nation and IMF officials this month in Cairo and Washington ended without a deal, disrupting a bond rally. 
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<title><![CDATA[Former US Army Chief and Congressman call for reform of US defense cooperation with Egypt, Libya, and Tunisia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61564</link>
<description><![CDATA[INTERNATIONAL. US defense cooperation should focus on promoting civilian control and defense modernization, according to new Atlantic Council report.
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<title><![CDATA[Egypt requests US$2 billion Russian loan as Mursi meets Putin]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61570</link>
<description><![CDATA[EGYPT. Egypt, once a Cold War ally of the Soviet Union, has so far failed to secure an agreement with the International Monetary Fund for a US$4.8 billion loan to stabilize its economy. 

]]></description>
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<title><![CDATA[ATM show sold out as Mediterranean resorts target GCC tourists]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61538</link>
<description><![CDATA[UAE. Growth in exhibitors from Turkey, Morocco and Egypt as industry looks to expand GCC tourism receipts to offset potential declines from austerity-hit eurozone.]]></description>
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<title><![CDATA[Prince Alwaleed tops Forbes Middle East&#039;s &#039;World&#039;s Richest Arabs&#039; for 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61507</link>
<description><![CDATA[UAE. The year&#039;s list of global billionaires has been published by Forbes Middle East, featuring some of the wealthiest Arabs on the planet.]]></description>
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<title><![CDATA[Frustration as retrial of Egypt&#039;s Mubarak aborted]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61497</link>
<description><![CDATA[EGYPT. The retrial of former Egyptian President Hosni Mubarak was aborted on Saturday when the presiding judge withdrew from the case and referred it to another court.]]></description>
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<title><![CDATA[Egypt to begin new Mubarak trial on protester killing charges]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61490</link>
<description><![CDATA[EGYPT. An appeals court in January rejected life sentences handed down against Mubarak and his interior minister, Habib el-Adli, ordering them to be retried. ]]></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[North African and Middle East countries poised to upgrade Concentrated Solar Power use]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61473</link>
<description><![CDATA[TUNISIA. The African Development Bank (AfDB) and World Bank convened a workshop with representatives of Algeria, Egypt, Jordan, Libya, Morocco, and Tunisia to review and upgrade the region&#039;s path-breaking regional Investment Plan for Concentrated Solar Power (CSP), with funding from the Climate Investment Funds (CIF).]]></description>
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<title><![CDATA[Saudis save US$1 billion a week as Egypt counts remaining wheat stocks, says HSBC report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61448</link>
<description><![CDATA[UAE. Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region&#039;s energy importers as political turmoil from Egypt to Lebanon stifles economic growth.]]></description>
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<title><![CDATA[QInvest deal at risk as Egypt delays approval, says EFG-Hermes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61421</link>
<description><![CDATA[EGYPT. The deal, which would bring US$300 million of foreign direct investment to Egypt, is at risk unless he markets regulator approves the transaction before next month. 
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<title><![CDATA[Alabbar to lead speaker panel on fifth ASDA&#039;A Burson-Marsteller Arab Youth Survey ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61419</link>
<description><![CDATA[UAE. Survey results based on face-to-face interviews with 3,000 Arab youth between the ages of 18 to 24 in 15 Arab nations.]]></description>
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<title><![CDATA[Orascom Construction Industries: Risk reward warrants a buy, says VTB Capital research]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61408</link>
<description><![CDATA[UAE. &quot;It now implies 22% upside potential and coupled with our expectation of regulatory approval of the mandatory tender offer of EGP 280 (for Egyptian listed stock) we are upgrading Orascom Construction Industries from Hold to Buy.&quot;
]]></description>
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<title><![CDATA[UAE becomes largest Middle East market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61400</link>
<description><![CDATA[UAE. An upsurge in business has sharply boosted imports by the UAE over the past few years to turn into the largest market in the Middle East although it has one of the smallest populations in the region.]]></description>
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<title><![CDATA[Egypt boosts short-term debt as US$1.6 billion a week matures]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61401</link>
<description><![CDATA[EGYPT. Egypt will sell more of its shortest-term bills and scale back longer-term offerings, a revised Finance Ministry calendar shows.]]></description>
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<title><![CDATA[Jon Stewart&#039;s Mursi jab prompts Cairo US Embassy Twitter review]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61391</link>
<description><![CDATA[INTERNATIONAL. Stewart&#039;s charge that Mursi is stifling free speech echoed concerns expressed by U.S. Secretary of State John Kerry about speech restrictions.]]></description>
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<title><![CDATA[Barclays plans new branches in Egypt after French banks retreat]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61371</link>
<description><![CDATA[EGYPT. Barclays may consider acquiring another lender in the Arab country &quot;should the opportunity present itself,&quot; Omar Baig, consumer banking director, said.]]></description>
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<title><![CDATA[Dana Gas set to finish debt accord as Egypt, Iraq make payments]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61357</link>
<description><![CDATA[UAE. The gas producer renegotiated terms for US$920 million of sukuk last year after payment delays from the two countries, linked to political instability.]]></description>
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<title><![CDATA[Egyptian satirist freed on bail]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61358</link>
<description><![CDATA[EGYPT.  Egyptian prosecutors questioned Egypt&#039;s most popular television satirist over allegations that he insulted President Mohamed Mursi; Opposition, activists see crackdown on dissent. 
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<title><![CDATA[QNB acquires controlling stake in National Soci&Atilde;&copy;t&Atilde;&copy; G&Atilde;&copy;n&Atilde;&copy;rale Bank - Egypt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61351</link>
<description><![CDATA[QATAR. The final percentage of shares acquired is 97.12%, which included Soci&Atilde;&copy;t&Atilde;&copy; G&Atilde;&copy;n&Atilde;&copy;rale (SG) entire stake in NSGB of 77.17% and 19.95% via the Mandatory Tender Offer.]]></description>
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<title><![CDATA[Egypt increases duties on food imports, luxury goods ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61317</link>
<description><![CDATA[EGYPT. Egypt, struggling with economic and political turmoil, is increasing custom duties for expensive food items such as shrimps as well as luxury consumer products.]]></description>
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<title><![CDATA[Selective growth in Cairo real estate market, finds Jones Lang LaSalle ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61300</link>
<description><![CDATA[EGYPT. Despite on-going political and economic challenges facing the Cairo market, selective growth can be seen in some residential and retails sectors in the city.]]></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[Arabtec signs US$136 million Cairo building contract]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61293</link>
<description><![CDATA[UAE. The Nile Towers, to be built in the Maadi suburb of south Cairo, will include a Hilton Hotel with 256 guest rooms and suites plus other facilities.]]></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[YouTube opens monetization to users in several MENA countries]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61251</link>
<description><![CDATA[UAE. Users in Egypt, KSA and UAE can monetize their original content and generate revenue.]]></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[Egypt&#039;s Muslim Brotherhood condemns UN report on women]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61201</link>
<description><![CDATA[EGYPT. Among the 10 points the Brotherhood said it opposed, were resolutions to ensure women&#039;s rights to lodge complaints of marital rape and promote equal inheritance rights. ]]></description>
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<title><![CDATA[Arab countries in transition seek path to strong, inclusive growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61149</link>
<description><![CDATA[INTERNATIONAL. Region pursues economic and political stability in aftermath of historic uprising; Comprehensive political, social, and financial reform critical to economic success; Middle-class aspirations to boost inclusive growth.]]></description>
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<title><![CDATA[Egyptian court orders halt to April parliamentary vote]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61147</link>
<description><![CDATA[EGYPT. The ruling further complicates a transition process that&#039;s already been marred by political squabbling and sporadic violence. It came as clashes continued in downtown Cairo and in Port Said.]]></description>
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<title><![CDATA[Global Energy Index sets benchmark for Middle East region]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61111</link>
<description><![CDATA[UAE. World Economic Forum, in collaboration with Accenture, releases report on countries&#039; energy systems; &quot;Significant renewable energy projects in the GCC are expected to see the Middle East&#039;s rankings rise in future reports.&quot;]]></description>
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<title><![CDATA[Egyptian hot air balloon crash kills 19 foreign tourists]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61084</link>
<description><![CDATA[EGYPT. The balloon caught fire at an altitude of around 300 meters  and there was an explosion before it went down on the west bank of the Nile into a sugar cane field near Luxor.]]></description>
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<title><![CDATA[Egypt seeks up to US$1 billion from debut sukuk]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61062</link>
<description><![CDATA[EGYPT. The sukuk sale is going through regardless of IMF talks. &quot;We are taking the loan into our consideration but in the end the sukuk issue is separate.&quot;]]></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[Egypt IMF deal needed to halt economic crisis, says minister ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=61038</link>
<description><![CDATA[EGYPT. Foreign reserves have dropped below three months import cover, a decline that &quot;disturbs&quot; officials, Planning and Investment Minister Ashraf El-Arabi said.]]></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[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[Iran&#039;s Ahmadinejad in Egypt on historic visit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60885</link>
<description><![CDATA[EGYPT. First trip by an Iranian head of state since the 1979 revolution, underlines the thaw in relations since Egyptians elected an Islamist head of state.]]></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[Egypt factions seek dialogue, condemn bloodshed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60830</link>
<description><![CDATA[EGYPT. &quot;We come out of these talks with some sort of optimism,&quot; despite &quot;the difficult challenges ahead,&quot; former UN nuclear watchdog chief Mohamed ElBaradei, a leader of the opposition NSF. ]]></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[Football riot verdicts spark deadly clashes in Egypt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60760</link>
<description><![CDATA[EGYPT. Street clashes killed at least 30 people in Port Said after 21 supporters of a local football club were sentenced to death over a bloody stadium riot. ]]></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[Qatar lifts Egypt assistance by US$2.5 billion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60704</link>
<description><![CDATA[EGYPT. Qatar will increase its assistance to Egypt by buying US$2.5 billion of government bonds to help shore up its economy, Egyptian Finance Minister El-Morsi Hegazi said. ]]></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[Egypt: Hosni Mubarak wins retrial]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60641</link>
<description><![CDATA[EGYPT. He was convicted for his role in the deaths of more than 800 protesters during the revolt and could have received the death penalty when the court handed down sentence in June.]]></description>
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<title><![CDATA[Egypt changes central bank chief amid fight to bolster currency]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60630</link>
<description><![CDATA[EGYPT. Egypt appointed Hisham Ramez to take over as governor of a central bank that&#039;s fighting to preserve public confidence in the pound after it slid to a record low. ]]></description>
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<title><![CDATA[UAE militants had links to al Qaeda, says Dubai police chief]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60610</link>
<description><![CDATA[UAE. Dahi Khalfan said the Muslim Brotherhood and Iran were among the main security threats to Gulf states because they wanted to export revolution to the region.

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<title><![CDATA[Egypt cuts offering in Dollar auction after Qatar cash injection]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60609</link>
<description><![CDATA[EGYPT. Egypt sold US$49.6 million in its latest foreign currency auction, reducing the amount made available to banks after it received US$2.5 billion from Qatar to help shore up finances.]]></description>
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<title><![CDATA[The Bedrock of Society: Understanding and Growing the MENA Region&#039;s Middle Class]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60605</link>
<description><![CDATA[UAE. In countries around the world, the middle class typically serves as a force for positive socioeconomic change, yet that has not happened in the Middle East and North Africa.]]></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[Egypt mired in economic woes as IMF talks begin]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60574</link>
<description><![CDATA[EGYPT. A rising budget deficit, falling foreign exchange reserves and a sliding currency are adding to the woes of the government, as it battles a raft of political and social problems.]]></description>
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<title><![CDATA[Ericsson ranks Cairo among top cities for ICT-driven benefit creation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60571</link>
<description><![CDATA[EGYPT. Cairo ranked 17 in list of 25; Networked Society City Index report draws a correlation between ICT maturity and the ability to use ICT to benefit business. ]]></description>
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<title><![CDATA[Microsoft awards US$50,000 Imagine Cup grant to students from the Arab region]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60568</link>
<description><![CDATA[EGYPT. The grant provides financial supports to the winners helping in the development of technology solutions to solve global problems.
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<title><![CDATA[Mursi sends official to UAE after report of Egyptian arrests]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60545</link>
<description><![CDATA[EGYPT. Essam el-Haddad, assistant for foreign affairs will deliver a letter from President Mohamed Mursi, after reports that a number of Egyptians have been detained in the UAE. 
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<title><![CDATA[Egypt pound hits record low under new currency regime]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60526</link>
<description><![CDATA[EGYPT. The currency adjustment includes regular foreign currency auctions and appeared to signal an orderly devaluation to protect foreign reserves.]]></description>
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<title><![CDATA[Dana Gas makes significant new gas discoveries in Egypt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60521</link>
<description><![CDATA[EGYPT. Two onshore discovery wells located in the Nile Delta Basin; Initial estimates indicate the two discoveries could increase Dana Gas&#039; commercial reserves by up to 55%]]></description>
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<title><![CDATA[Egypt cancels first debt sale after S&amp;P cut as pound weakens]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60516</link>
<description><![CDATA[EGYPT. &quot;The government was trying to set a ceiling of 14% on the one-year bills, which was unacceptable for investors because of the S&amp;P credit rating cut.&quot;]]></description>
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<title><![CDATA[Egypt&#039;s Mursi seeks to quiet opposition, boost economy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60505</link>
<description><![CDATA[EGYPT. The tensions have further roiled an economy battered in the wake of last year&#039;s uprising, with Standard &amp; Poor&#039;s on Dec. 24 pushing deeper into junk status Egypt&#039;s sovereign rating.]]></description>
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<title><![CDATA[UAE, Saudi Arabia and Egypt amongst world&#039;s top 40 most competitive manufacturing nations, reveals Deloitte report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60501</link>
<description><![CDATA[UAE. 2013 Global Manufacturing Competitiveness Index confirms that the landscape for competitive manufacturing is in the midst of a massive power shift. ]]></description>
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<title><![CDATA[Egyptians back new constitution in referendum]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60500</link>
<description><![CDATA[EGYPT. The Muslim Brotherhood said an unofficial tally showed 64% of voters backed the charter after two rounds of voting that ended with a final ballot on Saturday.

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<title><![CDATA[Saudi Arabia and Egypt poised to become MENA&#039;s most attractive PE destinations, says Ernst &amp; Young]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60488</link>
<description><![CDATA[SAUDI ARABIA. Growth of PE investment in MENA is expected to be driven by funds targeting healthcare, education, infrastructure, oil &amp; gas services and consumer-focused industries; Saudi Arabia ranked most attractive PE destination in 2011.]]></description>
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<title><![CDATA[BNP to sell Egyptian unit to Dubai&#039;s Emirates NBD in US$500 million deal]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60486</link>
<description><![CDATA[UAE. ENBD will buy BNP Paribas&#039; 95.2% stake in BNP Paribas Egypt and offer to acquire the remaining 4.8% stake from minority shareholders at the same price.]]></description>
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<title><![CDATA[UAE says Egypt media carried false plot claims]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60466</link>
<description><![CDATA[UAE. The UAE has rebuffed claims carried by Egyptian media that it was behind a plot against the Egypt&#039;s leadership, saying they were &quot;fabricated.&quot; ]]></description>
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<title><![CDATA[Citadel Capital&#039;s National Petroleum Company divests offshore Gulf of Suez asset]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60456</link>
<description><![CDATA[EGYPT. Transaction is part of the rebalancing of Citadel Capital&#039;s portfolio as it transitions over a three year period into an investment company.]]></description>
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<title><![CDATA[Egyptians narrowly back constitution, say rival camps]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60443</link>
<description><![CDATA[EGYPT. Second stage of referendum to be held on Saturday; Islamists say constitution vital to move forward; Opposition say aspirations of all Egyptians not met.]]></description>
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<title><![CDATA[University Presidents launch network to support higher education reform in the Arab World ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60430</link>
<description><![CDATA[MOROCCO.  Widespread embrace of World Bank-designed University Governance Screening Card (UGSC),  a tool for evaluating institutional performance. ]]></description>
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<title><![CDATA[QNB to acquire Soci&Atilde;&copy;t&Atilde;&copy; G&Atilde;&copy;n&Atilde;&copy;rale&#039;s Egypt unit ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60428</link>
<description><![CDATA[QATAR. QNB Group enters into a definitive agreement with Soci&Atilde;&copy;t&Atilde;&copy; G&Atilde;&copy;n&Atilde;&copy;rale for the acquisition of its entire stake of 77.17% in National Soci&Atilde;&copy;t&Atilde;&copy; G&Atilde;&copy;n&Atilde;&copy;rale Bank - Egypt.]]></description>
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<title><![CDATA[Rigid ideologies are battling political pragmatism at the expense of economic growth and reduced investment, says IIF report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60390</link>
<description><![CDATA[LEBANON. Byblos Bank hosts the launch of IIF new report on the Middle East and North Africa; Lebanon: recovery hinges on political stability and reforms.]]></description>
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<title><![CDATA[Mursi reverses decree on appeals, Egyptian military mobilized]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60356</link>
<description><![CDATA[EGYPT. A Dec. 15 referendum on a new constitution won&#039;t be postponed. If the document is rejected, a new constitutional committee would be seated within three months.]]></description>
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<title><![CDATA[UN official voices alarm at Egypt violence, cites &#039;major&#039; problems with draft constitution]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60349</link>
<description><![CDATA[INTERNATIONAL. The UN human rights chief voiced alarm at the rising tension and recent deaths and injuries during protests.]]></description>
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<title><![CDATA[Egypt demonstrators reject Mursi call for dialogue]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60336</link>
<description><![CDATA[EGYPT. Demonstrators rejected a call from the Islamist President for a national dialogue after deadly clashes around his palace, demanding the &quot;downfall of the regime&quot;.]]></description>
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<title><![CDATA[Geopolitical Analysis: Egypt and the Strategic Balance]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60308</link>
<description><![CDATA[INTERNATIONAL. Mohammed Morsi passed a decree that would essentially neuter the independent judiciary by placing his executive powers above the high court and proposed changes to the constitution that would institutionalize the Muslim Brotherhood&#039;s power. ]]></description>
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<title><![CDATA[Egypt opposition to take constitution fight to Mursi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60285</link>
<description><![CDATA[EGYPT. The Supreme Constitutional Court said its judges &quot;are unable to carry out their sacred duty in such a charged environment, filled with hatred and desire for vengeance.&quot;]]></description>
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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[Egyptian constitutional committee approves draft charter]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60270</link>
<description><![CDATA[EGYPT. The draft charter will go to a public referendum after President Mohamed Mursi&#039;s approval. A new round of parliamentary elections will be held afterward.]]></description>
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<title><![CDATA[Egypt readies for protests as Mursi appeasement bid fails]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60242</link>
<description><![CDATA[EGYPT. Egyptian secularist and youth groups massed in Cairo&#039;s Tahrir Square against a decree by President Mohamed Mursi that gives him sweeping new powers. 

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<title><![CDATA[Egyptian stocks lose world&#039;s best performer spot amid unrest]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60223</link>
<description><![CDATA[EGYPT. Companies listed on the index lost a combined 22 billion pounds (US$3.6 billion), or almost 10% of their market capitalization, yesterday. ]]></description>
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<title><![CDATA[Egypt stocks plunge after Mursi power grab]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60208</link>
<description><![CDATA[EGYPT. Sunday&#039;s stock market fall of nearly 10% - halted only by automatic curbs - was the worst since the uprising that toppled Hosni Mubarak in Feb 2011.]]></description>
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<title><![CDATA[Egypt borrowing costs rise as Mursi power grab sparks violence]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60203</link>
<description><![CDATA[EGYPT. Egypt&#039;s nine-month borrowing costs climbed 30 basis points, or 0.3 of a percentage point, to 13.19%, the highest level in six weeks. ]]></description>
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<title><![CDATA[Citadel Capital to form joint venture with QInvest, other Qatari investors, to import and regasify LNG in Egypt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60194</link>
<description><![CDATA[EGYPT. The joint venture will regasify LNG it at the FSRU, transmit it through the Egyptian national natural gas grid and market the natural gas to local high-volume end-users starting mid-2013. ]]></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[Mursi draws fire with new Egypt decree]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60187</link>
<description><![CDATA[EGYPT. As well as ordering retrials for Mubarak-era officials responsible for violence during the uprising, the decree shielded from legal challenge an Islamist-dominated assembly.]]></description>
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<title><![CDATA[Mursi pushed by public on economy brokers Gaza cease-fire]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60183</link>
<description><![CDATA[EGYPT. Faced with a struggling economy, a public quick to protest and Egypt&#039;s dependence on U.S. military aid, Mursi needs to retain the global credibility that helped his country this week sign an initial accord for an IMF  loan. ]]></description>
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<title><![CDATA[Agreement on IMF loan will increase confidence in Cairo&#039;s real estate market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=60164</link>
<description><![CDATA[EGYPT. This agreement represents a vote of confidence by the IMF in the economic credentials of the new government, says Jones Lang LaSalle.]]></description>
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