<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; GCC</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[Dubai, Qatar deserve MSCI upgrade, says investment firm]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61932</link>
<description><![CDATA[UAE. Dubai and Qatar deserve to be upgraded T. Rowe Price Group said, after the emirates failed to satisfy the index provider&#039;s requirements for four years. ]]></description>
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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=1&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[Mobile advertising set for significant growth in MENA region]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61930</link>
<description><![CDATA[UAE. MENA accounts for 6% of global smartphone shipments but less than 0.1% of mobile advertising; Regional companies are behind global trends allocating only 6%-7% of advertising on digital; Only 2%-3% of digital budget is allocated to mobile and tablet advertising. 



]]></description>
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<title><![CDATA[Creativity and innovation at the workplace crucial for economic growth and motivated employees]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61929</link>
<description><![CDATA[UAE. But where do breakthrough ideas come from and what kind of environment nurtures them? Advertising agency TBWA\RAAD provided the answers on day one of the 8th Annual Human Asset Expansion Summit MENA.]]></description>
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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=1&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[CSR increasingly more important in the Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61918</link>
<description><![CDATA[UAE. &quot;We found 41% of participants indicated that CSR is reported directly to the CEO, which demonstrates the importance of CSR as an emerging business issue.&quot;
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<title><![CDATA[AHAB responds to Sonecon&#039;s report and teleconference on managing defaults in Islamic Finance]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61922</link>
<description><![CDATA[INTERNATIONAL. Paid media stunt to attack Saudi regulators; Financial backers of the report are unknown; &quot;We see this effort as an attempt by one or more international creditors to distort the history of this dispute.&quot;]]></description>
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<title><![CDATA[Dubai Digital Media Forum kicks off with Twitter executive ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61920</link>
<description><![CDATA[UAE. Guy Yalif - Head of Global Product Marketing, Twitter US - will show organisations how to amplify creativity through consumer conversations, rich media and cross channel integration; The region&#039;s first conference of its kind.]]></description>
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<title><![CDATA[Continued strong public spending expected to support non-oil growth in many oil producing countries ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61915</link>
<description><![CDATA[UAE. IMF Regional Economic Outlook Update looks at the implications of the economic roads ahead for the Middle East, North Africa. Afghanistan, and Pakistan (MENAP) region  against the backdrop of complex political, social, and economic transitions.]]></description>
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<title><![CDATA[Barclays bullish on equities, expectations of recovery on gold are mixed  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61909</link>
<description><![CDATA[UAE. &quot;Growth may be anemic, but it&#039;s not at stall speed, nor likely to be. Bonds are the assets which are trading expensively, and stocks - even after their rally - look much cheaper. 
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<title><![CDATA[Louis Vuitton loses ground as world&#039;s most valuable luxury brand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61908</link>
<description><![CDATA[INTERNATIONAL. Louis Vuitton&#039;s brand value declined 12% from a year ago to US$22.7 billion as competitors including Gucci and Prada gain, a new research report shows.]]></description>
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<title><![CDATA[Kerry heads to Middle East to push peace from Syria to Israel]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61906</link>
<description><![CDATA[INTERNATIONAL. The discussions on Syria come as  Barack Obama is under increasing pressure from some U.S. lawmakers to do more to bring down Bashar al-Assad. 

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<title><![CDATA[Saxo Bank launches Saxo TV]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61914</link>
<description><![CDATA[UAE.  Aims to provide on-demand business and financial analysis; Saxo TV is integrated with TradingFloor.com, Saxo Bank&#039;s social financial investment community.
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<title><![CDATA[Dubai Holding&#039;s TECOM Investments announces new operational structure ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61913</link>
<description><![CDATA[UAE. Renewed focus on its core business of developing and operating business parks; Aims to capitalise on region&#039;s growth opportunities.]]></description>
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<title><![CDATA[Dubai&#039;s property agency Better Homes delivers world-first tool for end users]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61912</link>
<description><![CDATA[UAE. In a survey of 150 Dubai-based customers, 85% said they found the public review tool useful to navigate their way in their real estate search.]]></description>
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<title><![CDATA[Saudi Aramco upgrades gas/oil separation plant ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61911</link>
<description><![CDATA[SAUDI ARABIA. First compressor control project in the Kingdom for GE&#039;s Measurement &amp; Control business; Haradh facility plays key role in Saudi&#039;s oil &amp; gas industry.]]></description>
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<title><![CDATA[Solar desalination projects in the Middle East will shape the future of the solar market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61910</link>
<description><![CDATA[UAE. GCC countries are actively investing in using renewable energy as a source of power to produce fresh water; Solar Desalination Forum to be held from 26-28 May 2013 in Abu Dhabi.]]></description>
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<title><![CDATA[Australia hits out over lengthy UAE court case]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61907</link>
<description><![CDATA[INTERNATIONAL. The Australian Foreign Minister has blasted as &quot;indefensible&quot; the length of time the legal process took in the UAE after an Australian was jailed for property fraud.

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<title><![CDATA[Global luxury goods market to cool in 2013, says Bain]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61904</link>
<description><![CDATA[INTERNATIONAL. The total size of the market, which was 212 billion euros (US$273 billion) in 2012, would reach 250 billion by mid-decade.]]></description>
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<title><![CDATA[BlackRock appoints Andrew MacKenzie as Head of iShares Middle East and Africa]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61902</link>
<description><![CDATA[UAE. New role will focus on driving sales for iShares across the Middle East and Africa, supporting existing client relationships in the official institutions arena as well as researching and prospecting new clients. 
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<title><![CDATA[Saudi Arabia leads equity issuances with listings over US$100 million, finds Deloitte]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61901</link>
<description><![CDATA[UAE. Low number of IPOs in GCC due to stricter regulatory measures, lack of liquidity and regional unrest in some MENA countries, according to experts from Deloitte Middle East. ]]></description>
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<title><![CDATA[Arqaam Capital advises Magrabi Retail  on its debut investment into Turkey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61900</link>
<description><![CDATA[UAE. Arqaam provides MENA&#039;s largest optical retail chain with M&amp;A advisory services, as well as assistance in raising acquisition financing for the transaction. ]]></description>
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<title><![CDATA[Muslim Schindlers in focus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61899</link>
<description><![CDATA[SAUDI ARABIA. In mid-April, an unusual exhibition was held in London, highlighting the role Muslims played in saving Jewish lives during the Holocaust. At the exhibition, people saw love and harmony between people of different faiths.]]></description>
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<title><![CDATA[Kuwait&#039;s Kharafi group wins US$930 million from Libya ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61890</link>
<description><![CDATA[KUWAIT. Damages for former leader Muammar Gaddafi&#039;s cancelling of the construction of a vacation resort in Tripoli, which would have included hotel accommodation, villas and a shopping mall.]]></description>
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<title><![CDATA[Visa report reveals MENA fastest growing e-commerce region worldwide with 45% growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61897</link>
<description><![CDATA[UAE. A lack of available information and market data has prevented businesses and government from effectively evaluating the potential for e-commerce growth and development in the region.]]></description>
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<title><![CDATA[HSBC Oman corporate clients explore Renminbi&#039;s increasing role in world trade  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61898</link>
<description><![CDATA[OMAN. &quot;The Middle East and specifically the Gulf States are in a prime position to benefit from the current trends with energy intensive economies naturally turning towards the East while oil prices continue to rise and public expenditure reaching unprecedented levels.&quot;

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<title><![CDATA[Middle East to dominate global petrochemicals industry by 2020]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61896</link>
<description><![CDATA[UAE. The centre of the global petrochemicals industry is moving from West to East; GCC needs to stay ahead of its competitors by being flexible, sustainable and preparing to enter new markets; Africa is &quot;natural backyard&quot;.]]></description>
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<title><![CDATA[Air Arabia signs US$350 million financing deal with QNB Group &amp; CBI ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61895</link>
<description><![CDATA[UAE. Syndicated deal to finance purchase of 10  new Airbus A320 aircraft, which is part of a larger order for 44 A320s placed with Airbus in 2007. 
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<title><![CDATA[Nakheel floats tender for ground works at The Pointe at Palm Jumeirah]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61894</link>
<description><![CDATA[UAE. Located at the tip of The Palm, opposite Atlantis, the project will contain a diverse range of shopping, dining and entertainment facilities, including a spectacular fountain display.]]></description>
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<title><![CDATA[DAMAC Properties announces US$ 100 Million Princess Tower in Baghdad ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61893</link>
<description><![CDATA[UAE. Middle East&#039;s leading luxury private developer announced a comprehensive strategic plan to expand its operations in Iraq.

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<title><![CDATA[Starcom MediaVest Group appoints Rayan Karaky to Chief Digital Officer, MENA and Emerging Markets]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61891</link>
<description><![CDATA[UAE. Karaky will drive the advancement of digital growth, competency, integration and innovation within the SMG Global Network and specifically across SMG&#039;s Emerging Markets. 
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<title><![CDATA[Middle East sovereign wealth funds increasingly shifting into private equity, finds Invesco study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61889</link>
<description><![CDATA[UAE. 20% of Sovereign Wealth Fund new assets allocated to private equity; Property and infrastructure are not the big SWF &quot;alternative investment&quot; story, according to 2013 Invesco Middle East Asset Management Study. ]]></description>
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<title><![CDATA[Private equity focus shifts to Americas as Europe&#039;s austerity and Asia&#039;s uncertainty weaken their deal markets, finds Bain &amp; Co]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61886</link>
<description><![CDATA[UAE. Private equity showed clear signs of strength in North America and Brazil, South America&#039;s largest market, in 2012. Buyout deal value in North America was up 23% in 2012, while deal activity in Europe and Asia-Pacific fell, according to Bain &amp; Company&#039;s Global Private Equity Report.]]></description>
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<title><![CDATA[Freedom is key to sustainable business ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61887</link>
<description><![CDATA[UAE. Two celebrated achievers ponder leadership alternatives with more than 80 of Dubai&#039;s C-suite executives over breakfast at the city&#039;s Capital Club.]]></description>
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<title><![CDATA[Barclays appoints Head of Wealth and Investment Management for Abu Dhabi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61885</link>
<description><![CDATA[UAE. Haidar Hammoud will be responsible for driving the Abu Dhabi business and will work closely with office heads in Singapore, Geneva, London and Dubai. ]]></description>
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<title><![CDATA[Gerhard Schubert: Another bad week for gold without a single day of rising prices]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61883</link>
<description><![CDATA[UAE. &quot;The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries.&quot;]]></description>
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<title><![CDATA[Boeing delivers 777-300 aircraft to Saudia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61884</link>
<description><![CDATA[SAUDI ARABIA. First Boeing 777-300ER delivered to Saudia with three-class cabin configuration; Airline has backlog of 21 Boeing airplanes.]]></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=1&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[Commentary: Leading the public web into a Big Data environment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61881</link>
<description><![CDATA[UAE. Red Hat&#039;s Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.]]></description>
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<title><![CDATA[The growing opportunities in the Saudi healthcare sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61879</link>
<description><![CDATA[UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.]]></description>
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<title><![CDATA[Dubai&#039;s Atlantis Hotel said to seek US$850 million syndicated loan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61880</link>
<description><![CDATA[UAE. It would replace a US$700 million 12-year term loan raised in 2005 to fund construction of Atlantis, according to two people with knowledge of the matter. 
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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=1&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[Total assets of the Top 500 Companies in the Arab World stand at US$2.21 trillion, reveals Forbes study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61874</link>
<description><![CDATA[UAE. Saudi Arabia&#039;s SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.]]></description>
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<title><![CDATA[South African doctor returns home after UAE detention]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61875</link>
<description><![CDATA[INTERNATIONAL. Amid the saga to have Cyril Karabus freed, the World Medical Association issued a cautionary advisory notice to doctors thinking of working in the UAE.]]></description>
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<title><![CDATA[UAE-based entrepreneur Hazel Jackson receives award at Fortune Leadership Summit 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61871</link>
<description><![CDATA[UAE. CEO and Co-founder of biz-group received a &quot;Gazelles Core Values&quot; Award last week in honour of her outstanding work as a Gazelles strategy coach in the Middle East.]]></description>
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<title><![CDATA[Masdar, IFC to join forces on renewable energy investment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61873</link>
<description><![CDATA[UAE. New alliance to explore potential development of US$1.5 billion in carbon capture, renewable energy, desalination and cleantech venture capital projects.]]></description>
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<title><![CDATA[Arabtec appoints new Chief Human Resources Officer ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61872</link>
<description><![CDATA[UAE. Peter Roche will lead the overall strategic direction and business contribution of the human resources department at Arabtec Construction LLC. ]]></description>
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<title><![CDATA[Classification of contractors and engineering consultancies in Abu Dhabi: deadline extended]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61866</link>
<description><![CDATA[UAE. The consequences of not being classified means that a company may not be able to hold a commercial license issued by the Abu Dhabi Department of Economic Development.]]></description>
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<title><![CDATA[Qatar Airway 787 Dreamliner resumes London Heathrow  service ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61869</link>
<description><![CDATA[QATAR. Doha-based airline remains first and only carrier to fly Boeing 787 scheduled services to and from the UK. ]]></description>
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<title><![CDATA[Kuwait Airways signs deal with Airbus to buy 25 planes ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61867</link>
<description><![CDATA[KUWAIT. Kuwait Airways is buying 15 A320neo and 10 A350-900 planes with options for 10 more, five from each, chairman Sami al-Nasef said.]]></description>
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<title><![CDATA[Saxo Bank provides trading insight through Trade Navigator]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61862</link>
<description><![CDATA[UAE. Trade Navigator on TradingFloor.com is a new trading tool that provides daily technical insight into around 200 instruments.]]></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=1&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[Businesses in the UAE turn to cloud computing security solutions as cyber attacks rise]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61861</link>
<description><![CDATA[UAE. Frost &amp; Sullivan webinar concluded that low penetration in large enterprises widens scope for adoption of security solutions.]]></description>
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<title><![CDATA[Qatar Airways to codeshare with Bangkok Airways]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61853</link>
<description><![CDATA[QATAR. More access to destinations across Thailand And alternative flights to Myanmar and Cambodia through new agreement.]]></description>
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<title><![CDATA[PAIPED highlights Oman&#039;s competitive advantage]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61860</link>
<description><![CDATA[OMAN. The Public Authority for Investment Promotion and Export Development (PAIPED) spearheaded the Sultanate of Oman&#039;s recent trade delegation to the 8th World Chambers Congress in Doha.]]></description>
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<title><![CDATA[Emerging economies likely to grow more rapidly but will also face challenges]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61858</link>
<description><![CDATA[INTERNATIONAL. Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global Asset Management.]]></description>
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<title><![CDATA[Dubai Islamic Bank ratings affirmed by Moody&#039;s]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61856</link>
<description><![CDATA[UAE. Long term issuer ratings maintained at Baa1; Ratings outlook upgraded to stable; Capital adequacy, easing asset quality pressure and profitability outlook cited as reasons for decision.]]></description>
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<title><![CDATA[Saudi&#039;s Mobily denies asking for help to spy on customers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61854</link>
<description><![CDATA[SAUDI ARABIA. Telecom operator denies claims by a software engineer that the company had asked him to build surveillance tools to intercept customers&#039; messages on Twitter and other services.]]></description>
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<title><![CDATA[Masdar and Ex-Im Bank to deploy U.S. clean technology ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61852</link>
<description><![CDATA[UAE. MoU will explore finance opportunities of up to US$2 billion in U.S. renewable-energy products and services that Masdar will implement across global markets. 

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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=1&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[Forbes ranks TAQA top UAE energy company, second in Arab World]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61850</link>
<description><![CDATA[Forbes Middle East rankings are based on the quality of standards set globally by Forbes Media, U.S.
]]></description>
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<title><![CDATA[Obligations and responsibilities of investment managers in the UAE under the draft SCA ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61846</link>
<description><![CDATA[UAE. This article also considers the consequences to the relevant investment manager in the event of a breach.
]]></description>
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<title><![CDATA[SKAI Holdings announces US$1 billion Viceroy Hotels and Resorts on Palm Jumeirah]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61848</link>
<description><![CDATA[UAE. The development will offer its guests 481 large rooms and suites, and 221 signature Viceroy Residences all with breathtaking views of the Arabian Sea made possible by innovative architecture and design.]]></description>
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<title><![CDATA[Forbes Middle East presents Top 500 Companies in the Arab World and Top 100 Making an Impact ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61845</link>
<description><![CDATA[UAE. The awards evening was a inspirational gathering, stirring budding entrepreneurs to aspire to brilliance and well-established businesses to expand their horizons, collaborate with the best in the region, and win. ]]></description>
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<title><![CDATA[Abu Dhabi wealth fund hires John McCarthy from Deutsche Bank]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61841</link>
<description><![CDATA[UAE. His role will include working with a team to originate and complete new deals and manage the fund&#039;s existing infrastructure assets.]]></description>
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<title><![CDATA[Arif Naqvi receives 2013 Oslo Business For Peace Award]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61835</link>
<description><![CDATA[UAE. First Chief Executive from the UAE to receive this award; Previous winners include Mohammed Jameel, Jeffrey Immelt and Ratan Tata.
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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=1&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[Ernst &amp; Young launches new training courses across MENA to help businesses improve performance]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61839</link>
<description><![CDATA[UAE. Launch of new integrated training website that centralizes all the courses.]]></description>
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<title><![CDATA[Abu Dhabi&#039;s IPIC takes over chairmanship of Gulf Energy Maritime ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61838</link>
<description><![CDATA[UAE. IPIC&#039;s Khalifa Abdulla Al Romaithi assumes post from ENOC&#039;s Saeed Abdulla Khoory]]></description>
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<title><![CDATA[Sales at DAMAC Towers by Paramount development exceed one billion dirhams ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61836</link>
<description><![CDATA[UAE. Phase three of sales launched early as more than 400 units sold in under two months.]]></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=1&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[83% of Middle East family businesses have seen sales grow in the past year, reveals PwC survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61833</link>
<description><![CDATA[UAE. 23% anticipate quick/aggressive growth over next five years; Middle East are less fazed by the economic situation; Attracting the right skills and talent are the key challenges; Planning for succession still a threat.]]></description>
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<title><![CDATA[Emirates is the Middle East&#039;s most valuable brand  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61805</link>
<description><![CDATA[UAE. GMR reveals top 50 MENA corporate brands;  Al Maraai affirms its position as the most valuable food brand in the Middle East.
]]></description>
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<title><![CDATA[IEA sees U.S. oil &#039;shockwaves&#039; displacing OPEC as supply driver]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61826</link>
<description><![CDATA[INTERNATIONAL. North America will provide 40% of new supplies to 2018 through the development of light, tight oil and oil sands, while the contribution from OPEC will slip to 30%.]]></description>
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<title><![CDATA[Saudi Arabia confirms four new cases of deadly SARS-like virus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61818</link>
<description><![CDATA[SAUDI ARABIA. The health ministry said one of the four new cases had been treated and the patient had been released from hospital, while the three other new cases were still being treated.]]></description>
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<title><![CDATA[Investment Dar offers assets to creditors]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61830</link>
<description><![CDATA[KUWAIT. The shareholder in luxury carmaker Aston Martin is offering some of its assets to creditors as the Kuwaiti company restructures debt. ]]></description>
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<title><![CDATA[Saudi crude oil production rose to 9.27 million bpd in April]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61831</link>
<description><![CDATA[KUWAIT. OPEC held its forecast for growth in world demand unchanged at 0.80 million bpd, and repeated a warning that the rate of oil consumption could underperform. ]]></description>
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<title><![CDATA[Global crowdinvesting platform launches in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61827</link>
<description><![CDATA[UAE. Operating as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects.]]></description>
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<title><![CDATA[Kuwait-led group in takeover approach for Severn Trent]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61828</link>
<description><![CDATA[INTERNATIONAL. The Kuwait Investment Office, Borealis Infrastructure Management Inc. and Universities Superannuation Scheme have approached the utility regarding a possible bid.]]></description>
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<title><![CDATA[Masdar Institute&#039;s research efforts drive innovation and R&amp;D in UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61824</link>
<description><![CDATA[UAE. Breakthrough innovations offer scope for new applications and devices in desalination, clean energy and healthcare.]]></description>
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<title><![CDATA[Etisalat adds new fiber optic cable to enhance Internet access ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61823</link>
<description><![CDATA[UAE. New Bay of Bengal Cable is designed to provide upgradable and transmission facilities by adopting the state-of-the-art 100Gbps technology.]]></description>
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<title><![CDATA[More nimble, efficient and unwired enterprise now an &#039;unavoidable imperative&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61822</link>
<description><![CDATA[UAE.  SAP urges MENA business-leaders to wholeheartedly embrace an &quot;unprecedented enterprise mobility boom&quot; or risk rapid competitive stagnation.

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<title><![CDATA[New Muscat hotels developments will double room numbers, says Cluttons report ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61821</link>
<description><![CDATA[OMAN. Recent research has shown that revenues and occupancy for four and five star hotels increased significantly in 2012, driven by Omani rather than foreign guests. ]]></description>
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<title><![CDATA[Shuaa Capital first quarter loss narrows as expenses decline]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61819</link>
<description><![CDATA[uAE. The net loss was 5.9 million dirhams (US$1.6 million) compared with 8.5 million dirhams a year earlier.]]></description>
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<title><![CDATA[DGCX trading volumes cross US$1 trillion mark in value since inception, led by currency and precious metals ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61817</link>
<description><![CDATA[UAE. Total volumes traded on Exchange since inception in 2005 reaches 24.5 million contracts, valued at US$1.025 trillion; April 2013 volumes total 1.3 million, up 139%;  Gold and silver futures register growth of 24%.
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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=1&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[Low costs of doing business have helped turn the UAE into a major global business hub]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61789</link>
<description><![CDATA[UAE. Businesses in the UAE benefit from a very generous tax regime; Developed nations continue to drag down businesses with higher corporation taxes than BRICs, finds UHY report.

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<title><![CDATA[US shale oil boom and its impact on Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61804</link>
<description><![CDATA[SAUDI ARABIA. &quot;If oil discovery in one single Saudi well had changed the world map, then why can&#039;t modern-day technologies change the course of the oil industry in seven years to extract the shale oil?&quot;
]]></description>
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<title><![CDATA[Short-termism to blame for bad business, say business executives]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61810</link>
<description><![CDATA[UAE. 77% of business leaders believe that the search for short-term corporate profitability in the aftermath of the economic crisis has led to poor leadership decisions, according to a survey conducted by London Business School.]]></description>
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<title><![CDATA[CSR in Saudi Arabia: Far behind or another path?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61800</link>
<description><![CDATA[INTERNATIONAL. While Western companies struggle to develop and communicate their own ethical codes of conduct, Saudi companies are already working within a specific cultural and religious environment that permeates all of society, including business.]]></description>
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<title><![CDATA[Airbus close to Kuwait Airways order for 25 planes ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61813</link>
<description><![CDATA[KUWAIT. Airline may sign the agreement as early as this month for 10 Airbus A350-900s and 15 single-aisle A320neos, according to two people familiar with the matter. 
]]></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=1&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[Nakheel awards contract for construction of Jumeirah Village Circle Villas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61811</link>
<description><![CDATA[UAE. AED106 million (US$28.9 million) contract awarded to United Engineering Construction LLC (UNEC) for the construction of 90 homes.]]></description>
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<title><![CDATA[Business Marketing Association launches Middle East Chapter ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61809</link>
<description><![CDATA[UAE. BMA Middle East to increase education and networking opportunities for business-to-business marketing professionals.]]></description>
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<title><![CDATA[DDB Chairman Emeritus to join Sir Bob Geldof at Dubai Business Breakfast]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61808</link>
<description><![CDATA[UAE. Rules are for people who don&#039;t know what to do, says DDB&#039;s Keith Reinhard; Debate on the relationship between Creativity and Humanity takes place at a special invitation-only breakfast briefing at Dubai&#039;s Capital Club.]]></description>
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<title><![CDATA[2013 is year of optimism and opportunity in GCC construction sector, finds Deloitte report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61807</link>
<description><![CDATA[UAE. In a region where there is an acute deficit in terms of infrastructure, all eyes are back on governments and how they propose to manage their spending, says Deloitte Middle East&#039;s GCC Powers of Construction Report.]]></description>
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<title><![CDATA[Abu Dhabi&#039;s new financial zone to benefit Dubai, says executive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61806</link>
<description><![CDATA[UAE. Abu Dhabi&#039;s planned financial zone will complement Dubai, which should benefit from a deepening of financial markets in the UAE, said Mahmood Ebraheem al Mahmood, chief executive of ADS Holding.]]></description>
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<title><![CDATA[Jaguar Land Rover opens US$ 1.5 million engineering test centre in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61796</link>
<description><![CDATA[UAE. Centre to conduct extreme hot weather research &amp; development; will also test the off-road driving capability of Land Rover&#039;s Terrain Response system.

]]></description>
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<title><![CDATA[Contract awards for GCC projects to jump 73% to US$1.35 trillion by end 2013]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61797</link>
<description><![CDATA[UAE.  MEED cites two companies for outstanding contributions to growth of projects industry in the region.
]]></description>
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<title><![CDATA[The keys to surviving in a volatile Middle East real estate market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=1&amp;t=1&amp;id=61794</link>
<description><![CDATA[UAE. Booz &amp; Company examines the strong need for developers in the MENA region to learn from their past mistakes and build new core and differentiating capabilities - so as to ensure a successful and sustainable future in the real estate sector.]]></description>
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</channel>
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