<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Saudi Arabia</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[Saudi king, IMF chief discuss &#039;world economy&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56491</link>
<description><![CDATA[SAUDI ARABIA. The Fund says it wants to raise another US$500 billion, on top of the nearly US$390 billion it has available now, to help countries in financial straits.

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<title><![CDATA[Saudi Chartbook February 2012: Consumer spending remains strong ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56474</link>
<description><![CDATA[SAUDI ARABIA. Jadwa Investment has issued today its latest monthly chart-based review of Saudi Arabia&#039;s latest economic and stock market data.]]></description>
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<title><![CDATA[Lockheed Martin hosts industry collaboration forum in Saudi Arabia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56465</link>
<description><![CDATA[SAUDI ARABIA. Lockheed Martin has made a long-term commitment to Saudi Arabia and is actively looking to develop partnerships with local businesses.      
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<title><![CDATA[Saudi investments expected to increase following new double tax treaties with Bangladesh and Singapore ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56460</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia continues its drive to enhance investment landscape, says Deloitte.]]></description>
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<title><![CDATA[Saudi nominates candidate to top OPEC post]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56458</link>
<description><![CDATA[INTERNATIONAL. Move may reignite quarrel over influence in OPEC between Gulf Arab nations and Iran; OPEC secretary general post comes up in 2013.]]></description>
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<title><![CDATA[Perspective: Saudi Aramco plans to expand refining capacity over next decade]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56457</link>
<description><![CDATA[SAUDI ARABIA. According to Frost &amp; Sullivan, Saudi Aramco&#039;s growth plans are clearly aligned with the diversification objectives of the Kingdom of Saudi Arabia.]]></description>
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<title><![CDATA[OPEC output reaches 3 year high, shows survey ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56456</link>
<description><![CDATA[INTERNATIONAL. Production increased 183,000 barrels, or 0.6%, to an average 30.9 million barrels a day in January from a revised 30.717 million the prior month.]]></description>
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<title><![CDATA[Oil market outlook 2012: WTI crude oil prices expected to stay in the range of US$95-US$100 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56451</link>
<description><![CDATA[KUWAIT. Oil prices expected to be volatile as European debt crisis remains unresolved; China to remain the main oil demand growth driver in 2012.]]></description>
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<title><![CDATA[Saudi Arabia-based Al Sagr Cooperative Insurance assigned &#039;BBB&#039; ratings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56442</link>
<description><![CDATA[INTERNATIONAL. The company&#039;s business profile is good and has the potential to improve further as it executes on its growth strategy, says S&amp;P
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<title><![CDATA[Analysis: Saudi Arabia to open up stock market to international investors  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56441</link>
<description><![CDATA[SAUDI ARABIA. Kingdom seeks to diversify from its core oil resources and emerge as a strong financial centre in the Gulf Cooperation Council. ]]></description>
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<title><![CDATA[Saudi Arabia says it can cover any oil shortages]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56433</link>
<description><![CDATA[SAUDI ARABIA. Oil Minister Ali al-Naimi says can respond to shortages due to investment and rising gas output; Growing domestic demand won&#039;t crimp ability to export.]]></description>
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<title><![CDATA[HC Securities advising on &#039;three big M&amp;As in the region&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56409</link>
<description><![CDATA[INTERNATIONAL. Transactions will exceed US$300 million each. &quot;We are very bullish on Qatar and Saudi Arabia, helped by higher oil prices,&quot; Chairman Hussein Choucri said.
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<title><![CDATA[Saudi Arabian 2012 inflation to average 4.3%, says Al Rajhi Capital]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56412</link>
<description><![CDATA[SAUDI ARABIA. Consumer prices rose an annual 5.3% in December, the Saudi Press Agency reported on January 14, citing data from the Central Department of Statistics.]]></description>
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<title><![CDATA[Saudi Arabia&#039;s central bank, CMA to coordinate supervision]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56411</link>
<description><![CDATA[SAUDI ARABIA. SAMA will play a bigger role in the supervision of the financial sector as the kingdom weighs opening up its stock market to foreigners.
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<title><![CDATA[Saudi women &#039;allowed&#039; in football stadium ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56398</link>
<description><![CDATA[SAUDI ARABIA. Al-Sharq newspaper quoted unnamed officials as saying women will be able to watch matches in a new facility to be completed in 2014 in Jeddah.]]></description>
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<title><![CDATA[Saudi Arabia to recognise Syrian National Council]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56395</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia will recognise the opposition Syrian National Council as the &quot;official representative&quot; of the Syrian people, Kuwaiti newspaper Al-Rai reported. 

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<title><![CDATA[Zain Saudi Arabia to extend US$2.6 billion Islamic financing facility]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56394</link>
<description><![CDATA[SAUDI ARABIA. Earlier this month, Zain Saudi Arabia posted an 11% decline in losses, bringing the firm&#039;s accumulated losses to about 9.6 billion riyals, around two-thirds of the company&#039;s 14 billion riyals of share capital.]]></description>
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<title><![CDATA[Ayman Yossri Daydban&#039;s  &#039;I Am Anything, I Am Everything&#039; exhibition now open at Jeddah&#039;s Athr Gallery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56389</link>
<description><![CDATA[SAUDI ARABIA. Established Saudi Arabia-based multimedia artist uses the flag form to reflect the concepts of identity and belonging.]]></description>
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<title><![CDATA[Voyage to heart of Islam opens at British Museum]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56388</link>
<description><![CDATA[INTERNATIONAL. &quot;Magnetism&quot;, a minimalist piece of art by Saudi artist Ahmed Mater, uses iron filings to depict pilgrims circling around the Kaaba, the sacred cube-shaped building in Mecca.]]></description>
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<title><![CDATA[Davos update: Saudi Arabia says may be ready to raise IMF contribution]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56382</link>
<description><![CDATA[SAUDI ARABIA. &quot;We have been there for the IMF for a long time; over 35 years we have been providing loans to the IMF. Also we have a large shareholding, we like to maintain that or increase it,&quot; Finance Minister Ibrahim al- Assaf said.]]></description>
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<title><![CDATA[Saudi reform &#039;a work in progress,&#039; says Prince Turki in Davos]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56372</link>
<description><![CDATA[SAUDI ARABIA. The need to modernize &quot;is recognized as such&quot; and the country needs to expand education and employment for its youth as it diversifies the economy.]]></description>
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<title><![CDATA[Arab Spring stumps Davos investors year after Egypt revolt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56356</link>
<description><![CDATA[INTERNATIONAL. One year after Egypt knocked global finance off the agenda at the World Economic Forum, Arab officials returning to Davos may struggle to drum up interest in the region. 

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<title><![CDATA[Global Competitiveness Forum 2012 concludes with call for more openness to foster entrepreneurship ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56357</link>
<description><![CDATA[SAUDI ARABIA. Entrepreneurship will thrive with locally appropriate solutions; In the emerging economies, entrepreneurship needs to be a national effort supported by appropriate eco-systems and policies.]]></description>
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<title><![CDATA[Saudi police hold nine in oil-rich east ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56327</link>
<description><![CDATA[SAUDI ARABIA. Saudi authorities arrested nine people accused of wounding three policemen in the Shiite-populated eastern province.]]></description>
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<title><![CDATA[Geopolitical analysis: Considering a US-Iranian deal]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56320</link>
<description><![CDATA[INTERNATIONAL. There are many blocks in the way of such a deal, from ideology to distrust to domestic politics. But given the knot that is being tied in the region, rumors that negotiations are being floated come as no surprise.]]></description>
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<title><![CDATA[Hamleys opens first store in Riyadh ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56314</link>
<description><![CDATA[SAUDI ARABIA. Doors to open January 26 starting 4:00pm at Panorama Mall; Hamleys continues to expand across the GCC with new store opening in Saudi Arabia.

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<title><![CDATA[Saudi Arabia&#039;s foreign shares listing rules may boost Gulf markets]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56295</link>
<description><![CDATA[SAUDI ARABIA. The Arab world&#039;s biggest bourse decision may help the region&#039;s equity markets lure investors and boost trading volumes. ]]></description>
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<title><![CDATA[No cash from emerging economies until given more clout, says Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56294</link>
<description><![CDATA[SAUDI ARABIA. Big emerging economies such as China, India and Saudi Arabia will not aid the West in its financial crisis unless they are given more influence in running the global economy, former Saudi intelligence chief Prince Turki al-Faisal said. ]]></description>
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<title><![CDATA[Global Competitiveness Forum opens in Riyadh]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56291</link>
<description><![CDATA[SAUDI ARABIA. Investments are the engine of development, says King Abdullah, stressing the need to increase investment opportunities in the Kingdom.]]></description>
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<title><![CDATA[Fresh water in the GCC: Addressing the scarcity problem]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56284</link>
<description><![CDATA[UAE. Overconsumption of water in the GCC is a problem that can no longer be ignored, as Saudi Arabia and the United Arab Emirates respectively consume 91% and 83% more water per capita than the global average.]]></description>
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<title><![CDATA[Saudi Arabia allows foreign companies to list securities]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56282</link>
<description><![CDATA[SAUDI ARABIA. &quot;A foreign issuer whose securities are listed in another regulated exchange may apply for its securities to be registered and admitted to listing.&quot;]]></description>
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<title><![CDATA[Barclays Wealth appoints Faisal Shaker as Head of Wealth, Saudi Arabia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56266</link>
<description><![CDATA[SAUDI ARABIA. Shaker will champion the development of the wealth management activities of Barclays Saudi Arabia.]]></description>
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<title><![CDATA[Saudi shares climb most in 12 weeks on earnings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56262</link>
<description><![CDATA[SAUDI ARABIA. &quot;With the earnings season over, investors are digesting the results and adjusting positions. Better-than-expected results are lifting the telecoms.&quot;
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<title><![CDATA[Saudi to keep oil price stable, says central bank chief]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56246</link>
<description><![CDATA[SAUDI ARABIA. Fahad al-Mubarak also said he was not aware of any discussions on the idea of Saudi Arabia contributing more resources to the IMF fund. ]]></description>
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<title><![CDATA[China to aid Saudi Arabia in nuclear power development]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56239</link>
<description><![CDATA[INTERNATIONAL. Saudi Arabia signed an agreement with China for cooperation in the development and use of atomic energy for peaceful purposes.]]></description>
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<title><![CDATA[Credit Suisse Emerging Consumer Survey provides unique perspective on structural shift in global demand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56212</link>
<description><![CDATA[INTERNATIONAL. Detailed study profiles consumer sentiment within the BRIC nations (Brazil, Russia, India and China), Turkey, Saudi Arabia, Egypt and Indonesia. Together, these consumers represent 3.5 billion people across the globe.

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<title><![CDATA[Emaar Middle East showcases flagship lifestyle communities in Saudi Arabia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56192</link>
<description><![CDATA[UAE. Roadshow and sales event to be held from January 19 to 26 at The Dubai Mal;Special pavilion to feature Jeddah Gate and Al Khobar Lakes developments. ]]></description>
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<title><![CDATA[Saudi Aramco to invest US$200 billion in refining, exploration]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56186</link>
<description><![CDATA[SAUDI ARABIA. Saudi Aramco plans to build refineries in China and Indonesia as part of a US$200 billion spending program to double refining capacity and explore for oil and natural gas over the next decade.
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<title><![CDATA[Saudi Arabia wants oil around US$100/bbl, says oil minister]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56182</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia has promised repeatedly to fill any supply gap left if output from Iran or any other major producer is disrupted.]]></description>
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<title><![CDATA[Saudi Arabia real estate shortage necessitates investment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56181</link>
<description><![CDATA[SAUDI ARABIA. Investors have not been spoilt for choice in the current economic climate, yet it is widely believed there are still ample opportunities available in real estate, especially when considering the long term picture. ]]></description>
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<title><![CDATA[Saudi, Chinese oil giants seal joint refinery agreement]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56167</link>
<description><![CDATA[SAUDI ARABIA. Saudi state oil giant Aramco inked a deal with China&#039;s Sinopec to build an oil refinery in the Red Sea city of Yanbu that will process 400,000 barrels per day]]></description>
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<title><![CDATA[BUILDEX 2012 underscores exceptional opportunities in Saudi Arabia&#039;s building and construction sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56165</link>
<description><![CDATA[SAUDI ARABIA. The 14th Saudi International Building &amp; Construction Exhibition, takes place at the Dhahran International Exhibition Center in Dammam from March 18-21.]]></description>
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<title><![CDATA[China&#039;s Wen Presses Saudi Arabia for oil access]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56155</link>
<description><![CDATA[INTERNATIONAL. Chinese Premier Wen Jiabao arrived in Saudi Arabia Saturday on the first leg of a diplomatic mission that will also take him to Qatar and the UAE.]]></description>
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<title><![CDATA[Iran warns Gulf states not to make up oil shortfall]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56149</link>
<description><![CDATA[IRAN. Iran has warned its Gulf neighbours to not make up for any shortfall in its oil exports under new Western sanctions, its OPEC representative said.]]></description>
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<title><![CDATA[Saudi shares gain for a third day on earnings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56146</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabian shares rose for a third day, sending the benchmark index to its highest level in almost six months, as investors weighed prospects for earnings. 

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<title><![CDATA[Bayt.com presents overview of Saudi job market and nationalisation at Tawteen 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56139</link>
<description><![CDATA[SAUDI ARABIA. Roundtable event offered expert advice to employees on the future of the Saudi job market.]]></description>
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<title><![CDATA[New Index ranks ability of G20 nations to withstand cyber attacks, harness digital environment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56137</link>
<description><![CDATA[INTERNATIONAL. Cyber Power Index developed by the Economist Intelligence Unit; UK and US are cyber power leaders;  Indonesia, Russia and Saudi Arabia do not have cybersecurity plans and do not appear to be developing them.]]></description>
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<title><![CDATA[Saudi security forces kill protester in oil-producing Eastern Province]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56128</link>
<description><![CDATA[SAUDI ARABIA. A Saudi Interior Ministry statement quoted by state news agency SPA said security forces patrolling Awamiya in their vehicle were attacked with petrol bombs.]]></description>
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<title><![CDATA[Cameron in Saudi for talks with King Abdullah]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56118</link>
<description><![CDATA[SAUDI ARABIA. The visit comes amid escalating tension between neighbouring Iran and the international community over Tehran&#039;s nuclear programme.]]></description>
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<title><![CDATA[Saudi credit card holders confirm Israeli hacking]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56100</link>
<description><![CDATA[SAUDI ARABIA. Two Saudi-based credit card holders said their personal details were compromised by an Israeli hacker who published details of what he claims are more than 200 Saudi-owned credit cards.]]></description>
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<title><![CDATA[Japan asks UAE, Saudi Arabia for Iran oil backup]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56089</link>
<description><![CDATA[INTERNATIONAL. Japan is considering cutting its Iranian oil purchases to secure a waiver from the new U.S. sanctions on the Islamic Republic over its disputed nuclear programme.]]></description>
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<title><![CDATA[Road, rail and bridge projects planned in the GCC worth US$142 billion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56079</link>
<description><![CDATA[UAE. Railway projects, including rail, metro, tram, and stations are valued at US$79 billion, this includes the US$30 billion GCC rail network.]]></description>
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<title><![CDATA[GCC Investment Strategy-2012: Uncertainty likely to overshadow fundamentals]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56075</link>
<description><![CDATA[KUWAIT.  KSA looks good at current levels; Qatar on dips; Banking offers numerous opportunities; Play the dividend game.
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<title><![CDATA[Saudi financial centre going solar with Conergy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56071</link>
<description><![CDATA[SAUDI ARABIA. King Abdullah Financial District will install first rooftop plant in Riyadh, reflecting increased importance of sustainability.

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<title><![CDATA[Saudi Fransi Capital implements Advent Solutions to support growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56070</link>
<description><![CDATA[SAUDI ARABIA. Large brokerage and investment management firm in the Kingdom of Saudi Arabia relies on Advent to improve performance and client service.

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<title><![CDATA[Underwriting sustains profitability as competition in Saudi Arabia&#039;s insurance industry heats up, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56045</link>
<description><![CDATA[INTERNATIONAL. Domestic insurers in Saudi Arabia remain profitable, despite the effects of increasing competition and low interest rates.]]></description>
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<title><![CDATA[Saudis, Turkey in talks on last Sabic dumping claim]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56039</link>
<description><![CDATA[SAUDI ARABIA. Sabic is accused of dumping monoethylene glycol, Chief Executive Officer Mohamed al-Mady told the Saudi newspaper al- Watan on January 4. 

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<title><![CDATA[Bayt.com brings Virtual Job Fair concept to Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56017</link>
<description><![CDATA[SAUDI ARABIA. Jobseekers and employers can access Bayt.com&#039;s Virtual Job Fair online from January 14 - 18, 2011.]]></description>
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<title><![CDATA[Saudi Arabia signs US$613 million rail contracts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56012</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia is building its longest railway, over 2,700 kilometers, which will link the capital Riyadh with the country&#039;s northern border near Jordan.]]></description>
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<title><![CDATA[Saudi shares climb to five-month high on global manufacturing reports]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56010</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabian shares gain, led by banks, on global economic optimism before the release of earnings.]]></description>
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<title><![CDATA[UN alarmed at increasing rate of executions in Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=56004</link>
<description><![CDATA[INTERNATIONAL. &quot;We call on the Kingdom of Saudi Arabia to respect international standards guaranteeing due process and the protection of the rights of those facing the death penalty,&quot; OHCHR spokesperson Rupert Colville told reporters.]]></description>
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<title><![CDATA[TAQNIA aims to enable knowledge-based economy in Saudi Arabia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55991</link>
<description><![CDATA[SAUDI ARABIA. New company will take part in diversifying the national economy by bringing technology and other innovation-centered businesses to Saudi Arabia. 

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<title><![CDATA[India ends Saudi chemicals anti-dumping measures]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55980</link>
<description><![CDATA[INTERNATIONAL.  Anti-dumping measures against petrochemical exports taken by India and China in 2009 interrupted trade flows and hurt businesses in the Gulf.

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<title><![CDATA[Quantitative easing is destabilizing the Middle East through food price inflation, says Richard Duncan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55974</link>
<description><![CDATA[UAE. Saudi PE firm, Amwal AlKhaleej, shares insights at second Limited Partners&#039; Meeting in Istanbul.

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<title><![CDATA[Legislation critical for maturity of Makkah and Madinah real estate sector, says Alpha1Estates ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55970</link>
<description><![CDATA[SAUDI ARABIA. Alpha1Estates has proposed five critical pieces of legislation which focus on globalising the sector to non-Saudi Muslims, which will lead to greater investments, prosperity and quality of life in the Holy Cities.

]]></description>
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<title><![CDATA[Dubai crude rises ahead of Saudi official selling prices]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55954</link>
<description><![CDATA[UAE. The price of Dubai crude, the benchmark grade for Middle East oil, rose US$1.74 to US$106.58 a barrel. Saudi Arabia is scheduled to release price formulas on January 5.]]></description>
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<title><![CDATA[Gulf Competitiveness Forum in Riyadh to focus on entrepreneurship ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55950</link>
<description><![CDATA[SAUDI ARABIA. The event is expected to offer insight on the continuing economic and financial problems affecting the world as well as positive ideas to address the most pressing global challenges.
]]></description>
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<title><![CDATA[Saudi Arabia to purchase 84 Boeing F-15 fighter aircraft]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55926</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia is one of Boeing&#039;s most valued customers operating a fleet of existing Boeing F-15s, Apache helicopters, AWACS, and special mission aircraft. 
]]></description>
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<title><![CDATA[Middle East stocks plunge in 2011 on Arab Spring, eurozone woes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55931</link>
<description><![CDATA[INTERNATIONAL. Middle East markets, with the exception of Qatar, ended the year with deep losses after grappling with the Arab Spring and shaken local confidence. The losses ranged, from 3.06% in Saudi Arabia to 49.3% in Egypt. ]]></description>
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<title><![CDATA[Saudi Arabia leads the region as a source of spam]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55893</link>
<description><![CDATA[UAE. All the GCC countries combined account for only 1.33% of all global spam due to the relatively low number of users in the region.]]></description>
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<title><![CDATA[Saudi Arabian Light crude prices to fall 12% in 2012, says NCB]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55890</link>
<description><![CDATA[SAUDI ARABIA. Arabian Light will average US$95 a barrel next year from an average 2011 price of US$107.80, the Jeddah-based lender said.]]></description>
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<title><![CDATA[Private sector salary increases in 2011 highest in Saudi Arabia, followed by Qatar]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55888</link>
<description><![CDATA[UAE. Salaries increased by an average of 5.5% across all industries in the UAE during 2011 compared to 4.4% the previous year , according to Towers Watson research.

]]></description>
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<title><![CDATA[Saudi Arabia needs US$74 oil price to balance 2012 budget]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55885</link>
<description><![CDATA[SAUDI ARABIA. For Saudi oil prices to reach US$74 a barrel, the kingdom needs around US$70 a barrel for WTI and US$78 a barrel for Brent, according to a Jadwa report.]]></description>
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<title><![CDATA[Saudi Aramco&#039;s drilling to jump 12% in 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55869</link>
<description><![CDATA[SAUDI ARABIA. Aramco plans to increase its drilling-rig count by 12% next year to 145 to boost natural-gas and oil output from its Manifa field.]]></description>
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<title><![CDATA[Gulf states issue warnings to Syria and Iran]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55862</link>
<description><![CDATA[SAUDI ARABIA. Gulf Arab states urged Syria&#039;s government to immediately halt its &quot;killing machine&quot;, and called on arch rival Iran to stop interfering in their internal affairs.

]]></description>
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<title><![CDATA[Gulf Arabs back unity after hinting at Iran threat]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55859</link>
<description><![CDATA[SAUDI ARABIA. Regional political upheavals revive dormant GCC unity plans; Development aid for non-GCC members Jordan, Morocco and Yemen.]]></description>
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<title><![CDATA[Saudi Almarai buys Argentina farm operator Fondomonte]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55844</link>
<description><![CDATA[SAUDI ARABIA. The food producer is expanding its supply chain and access to feed for its dairy herd and poultry business, &quot;in line with the Saudi government&#039;s trend to secure supplies and preserve local resources.&quot;]]></description>
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<title><![CDATA[Riyadh real estate market driven by continued strong demand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55813</link>
<description><![CDATA[SAUDI ARABIA. Confident outlook is further enhanced by proactive Government initiatives to increase spending, according to Jones Lang LaSalle  Overview Q3 2011.
 ]]></description>
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<title><![CDATA[Prince Alwaleed, Kingdom buy US$300 million stake in Twitter]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55802</link>
<description><![CDATA[INTERNATIONAL. The agreement to acquire a &quot;strategic stake&quot; in Twitter followed &quot;several months of negotiations,&quot; Kingdom Holding said in a statement to the Saudi bourse.]]></description>
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<title><![CDATA[Saudi petrochemical producers to be impacted by gas price revisions, says NCB Capital ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55798</link>
<description><![CDATA[SAUDI ARABIA. Leading Saudi wealth manager issues new report analysing the impact of various gas price revision scenarios.

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<title><![CDATA[Saudi women are creating their own future]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55795</link>
<description><![CDATA[SAUDI ARABIA.  The unemployment rate of Saudi women is slowly decreasing - from 29% total female unemployment in 2010 to 26.6% in 2011. 
]]></description>
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<title><![CDATA[Alwaleed tops Arabian Business Rich List with US$21.3 billion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55789</link>
<description><![CDATA[UAE. Prince Alwaleed bin Talal was ranked the richest Arab businessman for the eighth year after adding US$900 million to his wealth.

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<title><![CDATA[Google releases top searches of 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55755</link>
<description><![CDATA[UAE. Zeitgeist report offers a unique perspective on the year&#039;s major events and hottest trends based on searches conducted in the UAE, KSA, Egypt and around the globe. ]]></description>
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<title><![CDATA[OPEC oil deal puts Saudi back in charge]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55752</link>
<description><![CDATA[INTERNATIONAL. OPEC oil producers sealed their first new output agreement in three years in a deal that settles a 6-month-old argument over supply policy firmly in Saudi Arabia&#039;s favor.

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<title><![CDATA[Coca-Cola acquires stake in Aujan Industries worth US$980 million ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55750</link>
<description><![CDATA[UAE. Largest ever investment by multinational firm in Middle East&#039;s fast moving consumer goods sector. ]]></description>
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<title><![CDATA[The Carlyle Group acquires 42% stake in Alamar Foods]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55749</link>
<description><![CDATA[SAUDI ARABIA.  Global private equity firm The Carlyle Group today announced it has acquired a 42% stake in Alamar Foods from the Al Jammaz family of Saudi Arabia, which will continue to hold a majority stake.]]></description>
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<title><![CDATA[World at risk of &#039;significantly higher&#039; oil price, says IEA ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55739</link>
<description><![CDATA[INTERNATIONAL. Higher oil prices  unless Middle East countries invest more in production, according to the chief economist for the International Energy Agency. 
]]></description>
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<title><![CDATA[Saudi Arabia names new economic team amid drive to boost growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55738</link>
<description><![CDATA[SAUDI ARABIA. The Arab world&#039;s biggest economy, named a new central bank head and economy minister as the kingdom presses forward with a record spending plan aimed at reducing unemployment and diversifying an oil- dependent economy.]]></description>
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<title><![CDATA[Growth in steel, metal and building material trade showcases GCC&#039;s robust momentum in infrastructure investment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55720</link>
<description><![CDATA[UAE. Frost &amp; Sullivan&#039;s perspective on the growth in steel, metals and building manufacturing companies in Jebel Ali Freezone.]]></description>
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<title><![CDATA[Middle East remains the easiest region to pay taxes]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55703</link>
<description><![CDATA[UAE. UAE ranked 6th out of 183 economies globally; Qatar remains the 2nd easiest country to pay tax globally, for the third year running, according to PwC report. 

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<title><![CDATA[Cautious outlook across Gulf businesses despite healthy 2012 salary forecast, finds Mercer study ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55707</link>
<description><![CDATA[UAE. Survey results shows nearly every company surveyed in three key markets - Saudi Arabia, UAE and Qatar - plan to give pay rises and hire more people during the coming year.]]></description>
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<title><![CDATA[Drake &amp; Scull Saudi awarded new healthcare facility project ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55705</link>
<description><![CDATA[UAE. The company signs a SAR130 million MEP contract for a hospital in the eastern province. 

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<title><![CDATA[Saudi Arabia to be among world&#039;s top ten real estate markets in 2012, says DAMAC]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55701</link>
<description><![CDATA[UAE. With investment bank Rasmala predicting five per cent growth in house prices over the next two consecutive years, Saudi Arabia&#039;s property sector is poised to become one of the world&#039;s leading property markets.]]></description>
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<title><![CDATA[Multinational MBA employers pay US$65,300 a year in the UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55699</link>
<description><![CDATA[UAE. An international report of MBA salaries revealed that the highest-earning MBAs in the Middle East were from the UAE, followed by Qatar and Saudi Arabia. 

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<title><![CDATA[Saudi to allow some foreign ownership of stocks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55693</link>
<description><![CDATA[SAUDI ARABIA. Currently, foreigners have only very limited opportunities to invest through indirect ownership and exchange traded funds that track indexes.

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<title><![CDATA[Opportunities abound in Saudi Arabia&#039;s fast growing retail market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55687</link>
<description><![CDATA[SAUDI ARABIA. Jones Lang LaSalle report concludes that while retail spending continues to grow rapidly, new retail space is being developed to the point that there is retail saturation in some areas which is leading to a growing polarisation of the winners and losers.]]></description>
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<item>
<title><![CDATA[MarkaVIP closes US$5 million Series A funding round]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55674</link>
<description><![CDATA[UAE. Lumia Capital, joined by Invus Financial Advisors, invests in MarkaVIP to support regional market acceleration and platform expansion for leading e-commerce private retail sales club in Middle East.]]></description>
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<title><![CDATA[Saudi Arabia crude production rises to highest in three decades]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55664</link>
<description><![CDATA[SAUDI ARABIA. &quot;We produced 10 million and 40 barrels in November because that&#039;s what the customers wanted,&quot; Oil Minister Ali al-Naimi said.]]></description>
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<title><![CDATA[Saudi may join nuclear arms race]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55662</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia may consider acquiring nuclear weapons to match regional rivals Israel and Iran, its former intelligence chief Prince Turki al-Faisal said.]]></description>
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<title><![CDATA[Communication brands help consumers in the UAE and Saudi Arabia simplify their lives, reveals survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=3&amp;t=1&amp;id=55657</link>
<description><![CDATA[UAE. Google, McDonald&#039;s and Apple ranked in the Top 10; Health and general insurance brands rated among the lowest in Siegel+Gale&#039;s Second Annual Global Brand Simplicity Index.

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