<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Top News</title>
<link>http://www.bi-me.com</link>
<description>Middle Eastern Business News and Data</description>
<language>en-us</language>
<item>
<title><![CDATA[Recovering Dubai faces billions of maturing debt ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61949</link>
<description><![CDATA[UAE. &quot;There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this.&quot; ]]></description>
</item>
<item>
<title><![CDATA[UAE&#039;s non-oil producing private sector output levels and rate of job creation rise, reveals HSBC UAE PMI survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61934</link>
<description><![CDATA[UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
]]></description>
</item>
<item>
<title><![CDATA[Mobile advertising set for significant growth in MENA region]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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. 
]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[Egypt ideology devolves into anarchy amid vendettas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds investors positioning for China slowdown and low inflation ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61832</link>
<description><![CDATA[INTERNATIONAL. Investors have responded by reducing allocations to commodities and emerging markets and upping allocations to bonds.]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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.

]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[Growth in Africa must be driven by sustainable investment, not rising commodity prices, says report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61791</link>
<description><![CDATA[INTERNATIONAL. The Abraaj Group launches &quot;Engagement in Africa&quot; report at World Economic Forum, Cape Town; Private equity vital to the continued development and economic growth of Africa.]]></description>
</item>
<item>
<title><![CDATA[Gerhard Schubert: I am getting bored with permanent discussions over QE, as if gold solely depends on it - FAR FROM IT]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61790</link>
<description><![CDATA[UAE. Stock market rally largely fuelled by global currency debasement wars and the enormous amount of liquidity, stoked by Central Banks
]]></description>
</item>
<item>
<title><![CDATA[IFC-backed report aims to increase access to finance for women-owned businesses]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61786</link>
<description><![CDATA[UAE. Women business owners in the Middle East and North Africa have a strong appetite for expansion and are poised to contribute economic growth but require greater access to capital.]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[Assets invested globally in ETFs and ETPs rise to new all-time high of US$2.13 trillion, says ETFGI report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61772</link>
<description><![CDATA[There are now 4,827 ETFs and ETPs, with 9,897 listings from 209 providers listed on 56 exchanges. ETF and ETP assets have increased by 9.1%.]]></description>
</item>
<item>
<title><![CDATA[Regional airlines set for aggressive growth into the next decade]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61761</link>
<description><![CDATA[UAE. Ernst &amp; Young aviation industry forecast reveals while consolidation is creating a new breed of mega carrier, aggressive sector growth in the Middle East is capturing demand from rising middle class.]]></description>
</item>
<item>
<title><![CDATA[UAE maintains insurance market hub status, despite economic slowdown, says A.M. Best report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61769</link>
<description><![CDATA[UAE. Insurers are forecasted to see strong continued growth in 2013, despite a projection that the UAE&#039;s economy will expand at a slower pace.]]></description>
</item>
<item>
<title><![CDATA[Dubai Group agrees US$6 billion debt deal with bank committees]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61756</link>
<description><![CDATA[UAE. Emirate&#039;s latest step toward recovering from the 2009 debt crisis;  Economic growth in Dubai is picking up amid a pick up in tourism, real estate and trade.
]]></description>
</item>
<item>
<title><![CDATA[Diversification remains key and common objective for Middle Eastern SWFs, says KPMG report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61755</link>
<description><![CDATA[UAE. Report provides insight into the recent trends and developments in SWF investment strategies specifically in the UAE, Qatar and Kuwait. It also looks at the evolution of SWFs in the Middle East as the region looks to reduce its dependence on energy resources. 

]]></description>
</item>
<item>
<title><![CDATA[Mergers and acquisitions &#039;mountain climbers&#039; poised to outpace deal-making competition in 2013, reveals Bain &amp; Company study ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61753</link>
<description><![CDATA[UAE. &quot;Successful acquirers will be those that make external growth an integral part of their strategy agenda and pursue M&amp;A systematically,&quot; says Hadi Badri, Manager - Middle East.]]></description>
</item>
<item>
<title><![CDATA[Corporate governance (Hawkamah) in a developing Middle East: More than window dressing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61744</link>
<description><![CDATA[UAE. &quot;Some people still understand corporate governance as a window dressing; they would like to do it as fast as possible but that never works. It&#039;s a process, you have to embed it, anchor it in your culture.&quot;
]]></description>
</item>
<item>
<title><![CDATA[GCC refinancing spurs Middle East syndicated loans, says Barclays regional head]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61740</link>
<description><![CDATA[UAE. Regional loans surged nearly 50% in the first quarter from a year earlier to US$15.2 billion, led by borrowings from the United Arab Emirates, John Vitalo said.]]></description>
</item>
<item>
<title><![CDATA[Saudi Arabia boosts April oil output to five month high]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61727</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia raised crude output in April to the highest in five months while making little change in the total amount it supplied to foreign and local markets.]]></description>
</item>
<item>
<title><![CDATA[Dubai aims to treble tourism income to US$82 billion by 2020]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61726</link>
<description><![CDATA[UAE. This would involve doubling the number of Dubai hotel rooms, the director-general of the Department of Tourism and Commerce Marketing said.]]></description>
</item>
<item>
<title><![CDATA[Bringing financial information technology to the classroom]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61718</link>
<description><![CDATA[INTERNATIONAL. &quot;There is tremendous demand for people whose skills encompass both finance and IT and I don&#039;t believe anyone is teaching a course quite like this.&quot;]]></description>
</item>
<item>
<title><![CDATA[Israel bombs Syria, targets weapons shipment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61713</link>
<description><![CDATA[INTERNATIONAL. Israel conducted an airstrike in Syria overnight targeting a weapons shipment headed for the militant movement group Hezbollah based in neighboring Lebanon, US media reported.]]></description>
</item>
<item>
<title><![CDATA[IMD Business Forum highlights greater growth prospects for Middle East economies ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61706</link>
<description><![CDATA[UAE. Countries in the Middle East have better growth prospects than the BRICS nations and Western economies because of their relatively small public sectors and low government debt, experts from top-ranked global business school said in Dubai.]]></description>
</item>
<item>
<title><![CDATA[Developing millennial women into leaders of tomorrow ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61704</link>
<description><![CDATA[UAE. PwC hosts panel discussions with Dr Elisabeth Kelan and regional subject matter experts in Dubai and Abu Dhabi to discuss the challenges and opportunities. ]]></description>
</item>
<item>
<title><![CDATA[Dubai developers luring individual investors with hotel boom]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61700</link>
<description><![CDATA[UAE. Until now, individual investors have been largely excluded from Dubai&#039;s hospitality market, where the vast majority of rooms and serviced apartments are owned by private funds and hotel operators.]]></description>
</item>
<item>
<title><![CDATA[Deloitte TMT Predictions 2013: Digital ad spend to grow at CAGR 35% in the Middle East, to reach 10% of total advertising spend by 2015]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61680</link>
<description><![CDATA[UAE. A record one billion smartphones will be shipped in 2013; More than 90% of user-generated passwords will be vulnerable to hacking; Crowdfunding taking its first steps in the region with exciting results for the Arab content development ecosystem.]]></description>
</item>
<item>
<title><![CDATA[TNS study reveals how mobile transforms browsers into buyers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61695</link>
<description><![CDATA[UAE.  Mobiles can play a valuable role in reducing the risk that &quot;showrooming&quot; poses to retailers; 13 % are interested in a &quot;virtual&quot; sales assistant.]]></description>
</item>
<item>
<title><![CDATA[Geopolitical Analysis: Redlines and the problems of intervention in Syria]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61694</link>
<description><![CDATA[INTERNATIONAL. The United States, with its European allies, does not have the force needed to end Syria&#039;s bloodshed. If it tried, it would merely be held responsible for the bloodshed without achieving any strategic goal. 
]]></description>
</item>
<item>
<title><![CDATA[Gold rush From Dubai to Turkey saps supply as premiums jump]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61679</link>
<description><![CDATA[INTERNATIONAL. Surging demand for gold from Dubai to Istanbul has pushed physical premiums in the region to levels not seen in years as the biggest price slump in three decades lures consumers, according to MKS (Switzerland) SA. ]]></description>
</item>
<item>
<title><![CDATA[Gulf investors regain a quiet confidence in overseas investments, finds PwC report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61678</link>
<description><![CDATA[UAE. Gulf buyers maintain a strong interest in UK and Europe investments, accounting for the majority of mature market deals from the GCC.
]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[Middle East tops business confidence index, but caution is urged]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61666</link>
<description><![CDATA[UAE. Growth capital and investment opportunities rise despite business opportunities dwindling and inflation going up, reveals The Global Economic Conditions Survey from ACCA and IMA.]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi&#039;s Aldar reports 68% drop in first quarter profit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61665</link>
<description><![CDATA[UAE. First quarter profit of AED154.3 million (US$42 million) compared with AED478.2 million (US$130.3 million) in Q1 2012; Revenue fell 55% to AED 1.6 billion from AED 3,6 billion in Q1 2012. 

]]></description>
</item>
<item>
<title><![CDATA[The varying effects of digitization on economic growth and job creation - A global perspective]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61660</link>
<description><![CDATA[UAE. Booz &amp; Company&#039;s analysis estimates that digitization provided a US$193 billion boost to world economic output and created 6 million jobs globally in 2011. The study advises policymakers how to actively harness the different impact of digitization by country and by sector.]]></description>
</item>
<item>
<title><![CDATA[Challenges and legalities of family business charters]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61651</link>
<description><![CDATA[UAE. &quot;We do not inherit the Earth from our ancestors, we borrow it from our children.&quot; This article explores the process of building a family charter and examines the case of a Gulf family business as a correlating model. ]]></description>
</item>
<item>
<title><![CDATA[Obama&#039;s Syria red line tested by chemical weapons report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61641</link>
<description><![CDATA[INTERNATIONAL. The new assessment draws Obama closer to his previously declared &quot;red line&quot; over such use and has fueled calls for action by lawmakers already advocating deeper involvement. ]]></description>
</item>
<item>
<title><![CDATA[Can Google predict the stock market?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61635</link>
<description><![CDATA[INTERNATIONAL. An analysis of changes in Google query volume for search terms related to finance reveals patterns that could be interpreted as early-warning signs of stock market moves.]]></description>
</item>
<item>
<title><![CDATA[Emirates NBD first quarter profit jumps 31% ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61625</link>
<description><![CDATA[UAE. Net income advanced to 836.8 million dirhams (US$228 million); The bank&#039;s impairment provisions for bad loans fell 19% from a year ago to 888 million dirhams. 

]]></description>
</item>
<item>
<title><![CDATA[MENA mergers &amp; acquisitions value doubles in first quarter 2013 to US$14.6 billion  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61605</link>
<description><![CDATA[UAE. UAE and Qatar account for 76% of total disclosed domestic deal value in MENA, according to Ernst &amp; Young&#039;s latest MENA M&amp;A update.

]]></description>
</item>
<item>
<title><![CDATA[Dubai may make loan payment to Abu Dhabi next year, says BofA Merrill Lynch ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61601</link>
<description><![CDATA[UAE. The payment would be modest and serve to &quot;buoy sentiment,&quot; Jean-Michel Saliba at Bank of America&#039;s Merrill Lynch unit in London, said in a report.]]></description>
</item>
<item>
<title><![CDATA[Don&#039;t follow those &#039;experts&#039; heralded for beating the odds, they were just lucky says new research]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61595</link>
<description><![CDATA[INTERNATIONAL. &quot;Our results suggest that successful bold predictions don&#039;t signal the competence of the predictor at all. Even if someone makes two successful bold predictions, it&#039;s more likely a fluke.&quot; 
]]></description>
</item>
<item>
<title><![CDATA[French embassy in Tripoli bombed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61591</link>
<description><![CDATA[LIBYA. A car bomb hit the France embassy in Libya, wounding two French guards and causing extensive damage in the first attack on a foreign mission since militants stormed the US consulate in Benghazi in September.]]></description>
</item>
<item>
<title><![CDATA[Insurers&#039; profitability under pressure as Saudi growth slows, finds A.M Best report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61576</link>
<description><![CDATA[SAUDI ARABIA. Analysis shows that in recent years the market&#039;s combined ratio has been increasing, while real premium growth has decelerated, leaving insurers to compete mainly on price.]]></description>
</item>
<item>
<title><![CDATA[Banking M&amp;A deals on the rise in the Middle East amid global decline, says PwC]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61572</link>
<description><![CDATA[UAE. Middle East banks showing increasing confidence in expansion beyond domestic markets; High oil prices have helped banks in some parts of the Middle East to maintain high levels of liquidity. 
]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[U.S. to announce US$10 billion arms sale in Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61560</link>
<description><![CDATA[INTERNATIONAL. The Obama administration is to announce a US$10 billion arms package to Israel, Saudi Arabia and the United Arab Emirates that will be the centerpiece of Defense Secretary Chuck Hagel&#039;s visit the countries next week.]]></description>
</item>
<item>
<title><![CDATA[Professionals in the UAE and Saudi Arabia satisfied with work-life balance, finds Accenture research]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61554</link>
<description><![CDATA[UAE. &quot;Managing work and personal priorities is an ongoing challenge, but according to our research, professionals in the Middle East are more likely to find the right balance and achieve what they define as success.&quot;]]></description>
</item>
<item>
<title><![CDATA[Taqa aids Abu Dhabi push to diversify debt funding]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61545</link>
<description><![CDATA[UAE. Abu Dhabi&#039;s biggest utility and an aluminum smelter are raising as much as US$2 billion by selling bonds they&#039;ll repay with cash from projects being financed.]]></description>
</item>
<item>
<title><![CDATA[UAE yields total shareholder return of 24% exceeding global average of 18%, reveals The Boston Consulting Group study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61534</link>
<description><![CDATA[UAE. National Central Cooling, Dubai Islamic Insurance, Tamweel, Ajman Bank, Gulf General Investment, Deyaar Development, Air Arabia, National Cement, Union Properties and Emaar Properties Amongst Top 10 Performers Listed on the Dubai Financial Market.

]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi home, office rents to fall on supply, says CBRE ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61541</link>
<description><![CDATA[UAE. &quot;The impact of sustained growth in overall housing stock is reflected in the continued decline of lease rates and reduced tenant loyalty amidst abundant and more affordable options.&quot;]]></description>
</item>
<item>
<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds investors moderating earlier exuberance, though still positive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61530</link>
<description><![CDATA[INTERNATIONAL. Global investors are moderating their earlier exuberance in the face of somewhat lower conviction over global growth, though they remain positive towards equity markets overall; Equity Appetite Increasingly Concentrated on U.S. and Japan.]]></description>
</item>
<item>
<title><![CDATA[Dubai supremacy challenged as global banks move to rivals]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61523</link>
<description><![CDATA[UAE. &quot;Clients want their bankers close. That creates a gravitational force that pulls bankers close into places like Doha, Riyadh and Abu Dhabi, despite them being otherwise less competitive than Dubai.&quot; 

]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi prime real estate market heading back to recovery, says Jones Lang LaSalle]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61521</link>
<description><![CDATA[UAE. &quot;It seems the worst is now behind us and we are turning the corner. While not a full market recovery, we see that recovery is at least in sight for prime real estate.&quot;]]></description>
</item>
<item>
<title><![CDATA[Steep rise in planned CEO turnovers as companies take active control of their CEO succession planning]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61515</link>
<description><![CDATA[UAE. Board of directors are becoming increasingly demanding on the CEO&#039;s ability to develop and drive sustainable capabilities within the organization, as well as to contribute to supervisory and executive governance, finds Booz &amp; Company Chief executive study.]]></description>
</item>
<item>
<title><![CDATA[Investigators hunt for clues in Boston Marathon bombing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61514</link>
<description><![CDATA[INTERNATIONAL. Investigators on Tuesday searched for the person or group responsible for planting two bombs at the Boston Marathon finish line that killed three people and wounded more than 100. ]]></description>
</item>
<item>
<title><![CDATA[Dubai real estate market positioned in recovery stage of market cycle, says Jones Lang LaSalle]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61504</link>
<description><![CDATA[UAE. For the first time since mid 2008, all sectors of the Dubai real estate market are positioned in the recovery stage of their market cycle. However, the positive performance remains largely concentrated in the best quality projects in prime locations.]]></description>
</item>
<item>
<title><![CDATA[GCC IPO market activity continues to be slow in the first quarter ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61501</link>
<description><![CDATA[UAE. Although IPO volumes remained flat, total offering value increased more than three times to USD 377 million; Saudi Arabia continued to be the only IPO active market in the region, hosting both the offerings in Q1 2013.]]></description>
</item>
<item>
<title><![CDATA[Oil falls to lowest this year on surprise China slowdown]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61499</link>
<description><![CDATA[INTERNATIONAL. West Texas Intermediate dropped below US$90 a barrel to the lowest level in more than three months as economic growth unexpectedly eased in China, the world&#039;s second-largest crude consumer.]]></description>
</item>
<item>
<title><![CDATA[How oil shale and nuclear power will shape Jordan&#039;s future]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61485</link>
<description><![CDATA[INTERNATIONAL. Jordan&#039;s energy potential lies in its unconventional resources - oil shale - which place it among the top ten in the world and account for 85% of known Middle Eastern oil shale resources.]]></description>
</item>
<item>
<title><![CDATA[Gerhard Schubert: Gold slides into bear market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61488</link>
<description><![CDATA[UAE. It appears that the significant selling pressure last Friday was amplified by a four million ounces (124.4 tons of gold) selling order, to be executed on Comex opening. This was clearly too much for a relatively empty market to handle.]]></description>
</item>
<item>
<title><![CDATA[Ross Norman: Bloodbath in the GOLD markets - key levels collapse]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61487</link>
<description><![CDATA[INTERNATIONAL. After gold slipped gently below the important technical level of US$1540 this afternoon, it appeared that short sellers and heavy long liquidations had done their worst - but more was to come. US$1540 was the market low in 2012, a level it tested and held in October 2011 and May 2012. ]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[IEA cuts oil-demand forecast because of European demand]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61479</link>
<description><![CDATA[INTERNATIONAL. Saudi Arabia &quot;seems poised to ramp up&quot; production further to meet seasonal demand, after restoring output to a four-month high of 9.3 million barrels a day in March, an increase of 50,000 a day from February.]]></description>
</item>
<item>
<title><![CDATA[Just increasing ICT infrastructure not enough to  ensure economic competitiveness, finds INSEAD-WEF report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61467</link>
<description><![CDATA[UAE. Despite global advances in technological infrastructure, countries without the skills and the regulatory environment to leverage technology are being left behind, according to the 12th Global Information Technology Report (GITR).]]></description>
</item>
<item>
<title><![CDATA[67% of Middle East directors do not believe that succession planning is effectively addressed by their board]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61463</link>
<description><![CDATA[UAE. In the Middle East, directors surveyed have identified many challenges and areas for improvement in the current structures and practices, according to Deloitte research; Shareholders increasing their levels of scrutiny of boards and their performance.]]></description>
</item>
<item>
<title><![CDATA[Consumer confidence in Lebanon drops to near record low in second half of 2012, reveals Byblos Bank/AUB index]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61456</link>
<description><![CDATA[LEBANON. Consumer confidence affected by domestic political volatility, repeated security breaches, wave of kidnappings, the resumption of political assassinations, increasing concerns about spillovers from the escalating Syrian crisis, and the dispute over the public-sector salary adjustment.

 ]]></description>
</item>
<item>
<title><![CDATA[Average base salary of real estate professionals in the Middle East little changed from previous year]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61462</link>
<description><![CDATA[UAE. Average base salary of regional real estate professionals across all disciplines is AED36,293 (US$9,900) per month as compared to AED37,965 in 2011, according to Macdonald &amp; Company  latest &quot;Middle East Rewards and Attitudes Survey&quot;.]]></description>
</item>
<item>
<title><![CDATA[Giving voice to women entrepreneurs in Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61453</link>
<description><![CDATA[UAE. New research reveals barriers and opportunities to promoting women&#039;s entrepreneurship and fully realise the economic and social aspirations of the Kingdom.]]></description>
</item>
<item>
<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=4&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>
</item>
<item>
<title><![CDATA[MENA IPOs raise US$1.6 billion in Q1 2013, the highest Q1 value since 2008]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61444</link>
<description><![CDATA[UAE. Two IPOs in Saudi Arabia and one in Iraq in Q1&#039;2013; Asiacell Communications raised US$1.3 billion, according to Ernst &amp; Young&#039;s 2013 Q1 MENA IPO update.

]]></description>
</item>
<item>
<title><![CDATA[MENA asset managers showing &#039;risk-on&#039; attitude]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61439</link>
<description><![CDATA[QATAR. QFC Authority&#039;s MENA Asset Management Barometer predicts high note for GCC equity markets in 2013, shows particular strength in Qatar as infrastructure spending programmes pay off.]]></description>
</item>
<item>
<title><![CDATA[Kuwait to spend as much as US$17.5 billion in current fiscal year]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61436</link>
<description><![CDATA[KUWAIT. The plan to diversify the economy includes boosting crude and gas production, building a metro and rail network, new hospitals, roads, power stations, expanding the airport and building a port on Boubyan Island.]]></description>
</item>
<item>
<title><![CDATA[Record low borrowing costs are buoying Gulf issuers&#039; credit quality-for now]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61435</link>
<description><![CDATA[UAE. The key risks to this rosy picture are an escalation in regional political instability or an unexpected fall in oil prices. Fortunately, these risks are negatively correlated, with any threat to supplies of hydrocarbons normally resulting in immediate price hikes.]]></description>
</item>
<item>
<title><![CDATA[Networking in the Middle East: It&#039;s who you know AND what you know]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61422</link>
<description><![CDATA[UAE. Competition for jobs in the Middle East is heating up and job candidates are finding that making contact on the ground is the only way to stay ahead of the pack.]]></description>
</item>
<item>
<title><![CDATA[Pharmaceutical companies expect emerging markets revenues to exceed 30% by 2018, finds Booz &amp; Co study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61430</link>
<description><![CDATA[UAE. We have started witnessing an influx of global pharma manufactures focusing on optimizing their regional (Middle East) operations and setting up joint ventures  with regional public and private sector players; this will surely impact the sector positively.
]]></description>
</item>
<item>
<title><![CDATA[Reform of expert evidence in UAE court proceedings will improve quality of commercial dispute resolution]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61418</link>
<description><![CDATA[UAE. Recent changes to the legal framework regulating court appointed experts will improve investor confidence and the commercial certainty that businesses require.
]]></description>
</item>
<item>
<title><![CDATA[New Lebanese PM vows to safeguard country from Syria war]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61414</link>
<description><![CDATA[LEBANON. Moderate MP Tamam Salam was named on Saturday as Lebanon&#039;s new prime minister, pledging in his first address to the nation to safeguard the country from the war raging in neighbouring Syria.]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi&#039;s Aabar said to get US$2.5 billion loan for refinancing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61412</link>
<description><![CDATA[UAE. The facility comprises three- and five-year term portions, each with slices denominated in dirhams, dollars and euros, according to two people with knowledge of the matter.]]></description>
</item>
<item>
<title><![CDATA[UAE becomes largest Middle East market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&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>
</item>
<item>
<title><![CDATA[Saudi Arabia tackles illegal workers in job-creation push]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61389</link>
<description><![CDATA[SAUDI ARABIA.  King Abdullah unveiled a US$130 billion stimulus plan in 2011 to create jobs and tightened rules on the expatriate workers most businesses depend on.]]></description>
</item>
<item>
<title><![CDATA[Mounting demand pushes Dubai real estate prices up further]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61388</link>
<description><![CDATA[UAE. Apartment and villa sales prices up 12% &amp; 5%, rents climb by 3% &amp; 4% respectively; residential rates climb in all areas according to  Asteco Q1 2013 Dubai real estate report. ]]></description>
</item>
</channel>
</rss>
