<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>
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<title><![CDATA[Five steps to creating a culture of innovation]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57849</link>
<description><![CDATA[UAE. The root of superior results is the culture of innovation that allows for success. These five elements of culture will lead to superior results. These cultural characteristics aren&#039;t just for startups only but for multinationals and governments.]]></description>
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<title><![CDATA[Consumers intensify their vow to &#039;save more, spend less&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57835</link>
<description><![CDATA[UAE. Economic grief and frustration with government have reached record levels in the West, according to The Boston Consulting Group&#039;s latest Global Consumer Sentiment Survey.]]></description>
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<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds rising investor demand for growth stimulus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57833</link>
<description><![CDATA[UAE. A growing majority of global investors would like to see more stimulative fiscal policies from governments around the world, amid resurgent fears about the Greek economy.]]></description>
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<title><![CDATA[Dubai villa market experienced positive rental rate growth for the first time since 2008, says CBRE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57821</link>
<description><![CDATA[UAE. Rental rate levels for freehold villa properties grew by around 3% in Q1,2012, whilst growth in units in leasehold areas was significantly less, at around 1%.

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<title><![CDATA[UAE ranks fourth in global &#039;smartphonics&#039; study ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57812</link>
<description><![CDATA[UAE. Research by ACI Worldwide and Aite Group identifies a new category of consumer, known as Smartphonatics, responsible for driving mobile banking and payment services demand.]]></description>
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<title><![CDATA[Move over technopreneurs...it&#039;s time for policy innovators!]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57801</link>
<description><![CDATA[UAE. Technology superstars have had their moment on the world stage, but with the global crisis showing no signs of easing it&#039;s time for policy innovators to bring in radical thinking, says INSEAD&#039;s Sami Malhoum. ]]></description>
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<title><![CDATA[Global skill gap leaves 10 million manufacturing positions unfilled]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57798</link>
<description><![CDATA[UAE. &quot;Sourcing talented human capital will be the most critical resource and top priority globally. It will act as the differentiating factor in the prosperity of countries and companies,&quot; says Ghassan Turqieh, Human Capital consulting partner at Deloitte Middle East.]]></description>
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<title><![CDATA[Saudi and Bahrain expected to seek union]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57789</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia and Bahrain are expected to announce closer political union at a meeting of Gulf Arab leaders on Monday, a Bahraini minister said, in a move dismissed by the opposition as a ruse to avoid political reform.]]></description>
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<title><![CDATA[Saudi Arabia says Brent oil should drop to US$100 a barrel]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57784</link>
<description><![CDATA[SAUDI ARABIA. Crude prices should fall because global supply is outweighing demand, according to Saudi Arabia&#039;s oil minister, Ali al-Naimi. ]]></description>
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<title><![CDATA[Saudi Arabia plans US$109 billion boost for solar power]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57774</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia is seeking investors in a plan to create a solar industry that generates a third of the nation&#039;s electricity within two decades, according to officials.]]></description>
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<title><![CDATA[Emirates airline group annual profit dives 61%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57757</link>
<description><![CDATA[UAE. Dubai&#039;s Emirates airline group posted a 61% slump in net profit in the year to March 31 due to unprecedented economic pressures and record high fuel prices, the company said Thursday.]]></description>
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<title><![CDATA[UAE&#039;s effort to liberalise economy may disappoint]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57758</link>
<description><![CDATA[UAE. Draft law would allow full foreign ownership in some areas; Could reduce unemployment, diversify economy, but in practice, changes may be minimal; Local opposition may mean law is applied conservatively.]]></description>
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<title><![CDATA[Emerging market growth will boost outlook for oil-exporting economies in GCC]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57743</link>
<description><![CDATA[INTERNATIONAL.  More than 70% of GCC exports (essentially crude oil) are destined for Japan and the developing Asian countries.]]></description>
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<title><![CDATA[New specialist schemes and a super regional shopping destination set to capture Abu Dhabi&#039;s retail spend, says DTZ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57741</link>
<description><![CDATA[UAE. DTZ estimates that Abu Dhabi&#039;s retail spending is at AED17 billion and to capture this important channel of trade, Abu Dhabi must look to improve the overall standard of retail offer in both its destination mall and luxury goods offer. ]]></description>
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<title><![CDATA[Transformation leadership in education - Three key imperatives for lasting change]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57740</link>
<description><![CDATA[UAE. Globalization, new technology, and changing social patterns have significantly disrupted the education sector over the past decade. Booz &amp; Company study identifies three imperatives for lasting and successful change.]]></description>
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<title><![CDATA[Austerity vs. Growth - A false choice, says Christine Lagarde]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57737</link>
<description><![CDATA[INTERNATIONAL. IMF Managing Director Christine Lagarde calls for anchoring stability to sustain higher and better growth.]]></description>
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<title><![CDATA[Kuwait&#039;s Shaikha Al Bahar leads Forbes Middle East list of most powerful Arab business women]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57722</link>
<description><![CDATA[UAE. Following in a close second is Lubna Suliman Olayan, the Saudi National who now serves as a board member of the Saudi Hollandi Bank. The third spot was given to Dina Shoman, executive vice president of branding and board member of Arab Bank.]]></description>
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<title><![CDATA[French elections analysis: Let&#039;s hope Hollande was lying to get elected]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57713</link>
<description><![CDATA[INTERNATIONAL. If the financial market believes that Hollande is serious, French interest rates will rise, and the deficit will increase. Ambitious people will refrain from investing and working in a country hostile to income inequality and as a result unemployment will rise as well.]]></description>
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<title><![CDATA[79% of UAE mobile users want to be found, reveals study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57712</link>
<description><![CDATA[UAE. &quot;There are significant rewards in engagement, loyalty and sales for brands who get Location-based services (LBS) right...&quot;, according to Steve Hamilton-Clark, CEO of TNS MENA.  
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<title><![CDATA[After Arab Spring, MENA region faces varied political and monetary flexibility risks, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57708</link>
<description><![CDATA[INTERNATIONAL. Bahrain, Egypt, Jordan, Oman, and Tunisia have negative outlooks, indicating at least a one-in-three chance that the sovereign ratings could be lowered in the next one to two years. ]]></description>
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<title><![CDATA[Francois Hollande wins French election ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57706</link>
<description><![CDATA[INTERNATIONAL. Socialist Francois Hollande swept to victory in France&#039;s presidential election on Sunday in a swing to the left at the heart of Europe that could start a pushback against German-led austerity.

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<title><![CDATA[MENA IPOs raise US$82.8 million in first quarter, says Ernst &amp; Young report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57683</link>
<description><![CDATA[UAE. Two Saudi IPOs in first quarter and one each in Morocco and Tunisia ; Global IPO activity falls to lowest level since second quarter 2009.]]></description>
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<title><![CDATA[Peter Schiff: France may be losing its head...Europe soon to follow?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57684</link>
<description><![CDATA[INTERNATIONAL. Most of Europe is expected to follow France in a leftward shift - if for no other reason than most of the incumbents are moderately pro-austerity rightists and the electorates are running out of patience for reform. 
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<title><![CDATA[OPEC says &#039;working hard&#039; to bring oil prices down]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57681</link>
<description><![CDATA[INTERNATIONAL. Secretary General Abdullah al-Badri tells energy conference OPEC is pumping 2.3 million bpd above its target, US$100 a barrel is comfortable price.]]></description>
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<title><![CDATA[UAE Hormuz bypass pipeline to export in 3 months]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57676</link>
<description><![CDATA[UAE. Initially operating at a rate of 1.4 million barrels per day, the pipeline should offer the Gulf producer an alternative route out of the narrow strait which Iran has threatened to block.]]></description>
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<title><![CDATA[Kuwait plans to amend foreign investment law]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57675</link>
<description><![CDATA[KUWAIT. Kuwait intends to modify its foreign direct investment law this year as the Gulf oil producer embarks on a US$111 billion plan to modernise its economy, a government official said. ]]></description>
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<title><![CDATA[How to manage telecom portfolios for sustainable growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57665</link>
<description><![CDATA[UAE. Experts from Booz &amp; Company examine the requirements of sustainable growth for the region&#039;s telecom groups, revealing the existence of up to 10% disparity on EBITDA margin between operators.

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<title><![CDATA[Where is the mandate for change in Europe? - A Thatcher lesson]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57664</link>
<description><![CDATA[INTERNATIONAL. We can deal with this debt crisis which in essence is manageable but rapidly becoming less so as we enact extend-and-pretend policies.]]></description>
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<title><![CDATA[Qatar&#039;s business community shows moderation in optimism in second quarter 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57662</link>
<description><![CDATA[QATAR. Dun &amp; Bradstreet South Asia Middle East in association with Qatar Financial Centre Authority released the D&amp;B Business Optimism Index for Qatar for Q2 2012.]]></description>
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<title><![CDATA[Fair pay and home ownership displace democracy as top priorities in ASDA&#039;A Burson-Marsteller Arab Youth Survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57657</link>
<description><![CDATA[UAE. Rising cost of living is greatest concern for young people in Middle East, according to annual poll of 2,500 young Arabs in 12 countries.]]></description>
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<title><![CDATA[IMF updates regional economic outlook for MENAP]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57653</link>
<description><![CDATA[UAE. Growth spreads across MENA in 2012 despite the strain of historic transitions; GCC continues to be regional growth driver with GDP growth projected at 5.3% in 2012; Average GDP growth of regional oil importers expected to recover to below 2.7% in 2012, from 2.2% in 2011.
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<title><![CDATA[Economic growth driving demand in Qatar&#039;s real estate market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57647</link>
<description><![CDATA[QATAR. DTZ latest update on Qatar&#039;s real estate market predicts a positive outlook as a result of demand for all types of real estate.]]></description>
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<title><![CDATA[Almost half UAE&#039;s general insurance customers prefer buying multiple products from one provider, reveals Ernst &amp; Young study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57649</link>
<description><![CDATA[UAE. Service quality, product flexibility and loyalty rewards key to growth for UAE insurers; Study covered 24,000 insurance customers across the world.]]></description>
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<title><![CDATA[Saudi headed for Emerging Status on MSCI move, says Schroder]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57646</link>
<description><![CDATA[SAUDI ARABIA. &quot;This is a very positive development and a step in the right direction for a potential inclusion into the MSCI Emerging Markets Index, once the market opens up for foreign investments.&quot; ]]></description>
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<title><![CDATA[Dubai sukuk to fund airport expansion, says Sheikh Ahmed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57642</link>
<description><![CDATA[UAE.  Dubai will employ US$1.25 billion raised through an Islamic bond last week to fund the expansion of its airport and sees no risk to repaying creditors at its flagship conglomerate Dubai World on time.]]></description>
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<title><![CDATA[Etihad Airways takes 3% stake in Aer Lingus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57639</link>
<description><![CDATA[UAE. Etihad said the &quot;purchase reflected its desire to forge a commercial partnership with the Irish national carrier,&quot; adding that &quot;a possible partnership could produce significant commercial benefits for both airlines.&quot;]]></description>
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<title><![CDATA[India and China the next destination for talent from the west]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57625</link>
<description><![CDATA[UAE. The new war for professional talent is hotting up like never before and will see huge and developing opportunities for westerners looking for jobs in India and China, says Nirmalya Kumar, Professor of Marketing at London Business School.]]></description>
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<title><![CDATA[What&#039;s next for Islamic banks?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57611</link>
<description><![CDATA[UAE. A.T. Kearney analysis suggests two key indicators are cause for reflection: It&#039;s time for Islamic banks to tackle slowing growth rates and eroding profitability.]]></description>
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<title><![CDATA[Stage set for return of IPO activity in GCC as stock market conditions and investor confidence improves, says PwC]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57609</link>
<description><![CDATA[UAE. Although IPO activity improved in Q1 2012 compared to Q1 2011, which witnessed only one offering of US$18 million, both IPO volumes and offering values fell behind by 33% and 63% respectively, compared to Q4 2011.]]></description>
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<title><![CDATA[Frontier Markets of Bahrain, Jordan, Kuwait and Oman, show strength in 2011, says Russell Investments Research]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57601</link>
<description><![CDATA[UAE. The Middle East is the largest Russell frontier region by market capitalization, at 42.1% of the RFI;  In this analysis Russell revisits the index and report on its performance, constituent, size and sector characteristics.]]></description>
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<title><![CDATA[Emaar Properties records 44% increase in first quarter 2012 profit to US$165 million]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57594</link>
<description><![CDATA[UAE. Revenue of malls and hospitality increased by 25% and accounts for 58% of the company&#039;s total revenue; Unveils &quot;Dubai Modern Art Museum &amp; Opera House District&quot; in Downtown Dubai.]]></description>
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<title><![CDATA[Aldar profit more than doubles on deliveries, land sales]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57593</link>
<description><![CDATA[UAE. Net income climbed to AED478.2 million (US$130 million) from AED189.1 million. First-quarter revenue surged to AED3.59 billion from AED784.7 million in the year-earlier period, the developer said.]]></description>
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<title><![CDATA[Kerzner hands Atlantis the Palm to Dubai in debt restructuring]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57583</link>
<description><![CDATA[UAE. Kerzner sold a 50% stake in Atlantis the Palm in Dubai to resort co-owner Istithmar World, a unit of Dubai World, for US$250 million, according to a statement. ]]></description>
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<title><![CDATA[Consumer confidence in Lebanon drops to record low in fourth quarter of 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57573</link>
<description><![CDATA[LEBANON.  Byblos Bank issued today, in cooperation with the American University of Beirut through the Olayan School of Business, the results of the Byblos Bank/AUB Consumer Confidence Index for the fourth quarter of 2011.]]></description>
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<title><![CDATA[Qatar-led group takes control of Dubai jeweller Damas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57569</link>
<description><![CDATA[UAE. Qatar&#039;s Mannai Corp and Egyptian investment bank EFG Hermes have taken control of Dubai&#039;s Damas after their consortium&#039;s US$445 million offer was accepted by more than 75% of the jeweler&#039;s shareholders.]]></description>
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<title><![CDATA[Gary Dugan: IMF global growth upgrade provides hope; buy gold below US$1,600 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57560</link>
<description><![CDATA[UAE. Isn&#039;t it ridiculous that the only way Spain and Italy bond markets perform is that the ECB gives money to the Spanish and Italian banks to buy their government&#039;s bonds?]]></description>
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<title><![CDATA[Dubai launches US$1.25 billion two-part Islamic bond]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57557</link>
<description><![CDATA[UAE. Dubai launches US$600 million 5-year tranche, US$650 million 10-year portion; Both tranches launched at tight end of yield guidance; Order books around US$4 billion - sources.

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<title><![CDATA[MENA acquisition financing remains largely bank focussed, according to dealReporter ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57552</link>
<description><![CDATA[UAE. DRME proprietary analytics and research show that, more than a year on, International Petroleum Investment Company&#039;s acquisition financing for the remaining share capital in Spain&#039;s Compania Espanola de Petroleos remains one of the largest Euro bond sales from the region.
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<title><![CDATA[MENA mergers &amp; acquisitions value drops 40% in first quarter 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57543</link>
<description><![CDATA[UAE. MENA M&amp;A deal values drop to US$8.5 billion in Q1 2012 from US$14.1 billion in Q1 2011; Number of MENA M&amp;A deals grow 7%, up from 98 in Q1 2011 to 105 in Q1 2012.

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<title><![CDATA[Kuwait to regulate social networking sites]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57541</link>
<description><![CDATA[KUWAIT. Kuwait plans to pass laws this year to regulate the use of social networking sites such as Twitter, the information minister said, in the wake of cases of alleged blasphemy and sectarianism that have prompted protests.

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<title><![CDATA[GCC asset management industry poised to grow to the next level of sophistication]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57532</link>
<description><![CDATA[QATAR. A diversified asset management industry has emerged in the GCC over the last decade, according to a study conducted by Markab Advisory and sponsored by Qatar Financial Centre Authority. ]]></description>
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<title><![CDATA[79% of Islamic Financial institutions have established a risk department in last five years]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57528</link>
<description><![CDATA[UAE. First Islamic Finance Risk Intelligence report by Deloitte addresses and investigates the important issues in practice and regulation in Islamic Finance in the current market challenges.
]]></description>
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<title><![CDATA[Dubai picks banks for up to US$1.5 billion bond]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57527</link>
<description><![CDATA[UAE. Helped by an economic revival in trade and tourism and its safe-haven status amid the Arab Spring civil uprisings, Dubai is recovering from the depths of its debt crisis.]]></description>
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<title><![CDATA[Iran oil industry hit by cyber attack]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57526</link>
<description><![CDATA[IRAN. Iran&#039;s crude industry has been the target of a cyber attack, crippling some computer systems at the Oil Ministry, the National Iranian Oil Co. and several other state-owned businesses.]]></description>
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<title><![CDATA[IMF targets growth and jobs after members pledge US$430 billion to protective firewall]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57514</link>
<description><![CDATA[INTERNATIONAL. Focus now on restoring &quot;normal&quot; level of growth within 2-3 years; Reaffirm aim to complete quota, governance reforms by October. ]]></description>
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<title><![CDATA[Maximizing the benefits of digitalization - job creation, innovation and economic growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57503</link>
<description><![CDATA[UAE. Booz &amp; Company analysis identifies that increasing digitization (mass adoption of connected ICT services) has generated 19 million jobs and contributed US$400 billion in economic growth globally over the past two years. ]]></description>
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<title><![CDATA[Emerging markets present highest growth opportunities for consumer products in 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57496</link>
<description><![CDATA[UAE. Companies seeking to establish footprints in higher growth emerging markets, amongst which, are the Middle East and Africa, reveals Deloitte report; Product innovation and pricing strategies, key focus from 2012.]]></description>
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<title><![CDATA[Abu Dhabi prepares sale of Daimler stake]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57494</link>
<description><![CDATA[UAE. The emirate&#039;s sovereign wealth fund Aabar became Daimler&#039;s largest investor after buying a 9.1% holding for US$2.6 billion in 2009.]]></description>
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<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds fresh EU concerns prompt move to &#039;risk off&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57487</link>
<description><![CDATA[INTERNATIONAL. Growth expectations ease while prospects of QE return; A net 24% of global asset allocators are overweight cash in April, up from a net 6% one month ago. ]]></description>
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<title><![CDATA[Saudi Prince Alwaleed bin Talal  joins Billionaires Index]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57474</link>
<description><![CDATA[INTERNATIONAL. The combined wealth of the 40 richest individuals on Earth is US$1.1 trillion; Alwaleed ranks 24th on the index with a net worth of US$20.5 billion; Carlos Slim remains the richest person in the world, with a fortune of US$68.8 billion.]]></description>
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<title><![CDATA[Dubai retains pulling power for international retailers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57468</link>
<description><![CDATA[UAE. Retailers still expanding despite challenging consumer market; UAE ranks number two as most targeted country; North American retailers expand aggressively in Kuwait City &amp; Riyadh.]]></description>
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<title><![CDATA[Dubai&#039;s direct trade with Iran reached US$9.8 billion in 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57466</link>
<description><![CDATA[UAE. Imports and exports stood at AED5 billion while re- exports were AED31 billion, with most-traded items including food, clothing, rugs, cars, diamonds and jewellery as well as gold.]]></description>
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<title><![CDATA[GCC growth remains strong, although below exceptional 2011 level, says IIF ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57478</link>
<description><![CDATA[UAE. IIF sees rising GCC oil production; Foreign exchange reserves on path to exceed US$2 trillion by the end of 2013; GCC banks seen as well capitalized and profitable.]]></description>
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<title><![CDATA[Regulatory uncertainty tops organisational risks for senior executives]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57475</link>
<description><![CDATA[UAE. Deloitte says large institutions may suffer hit to normalized earnings as a result of re-regulation,  identifies five key industry drivers to impact global financial institutions.]]></description>
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<title><![CDATA[Shifting business model from minutes to bytes key priority for MENA telco growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57458</link>
<description><![CDATA[UAE. Questions over new business models, levels of capital expenditure and regulatory uncertainty represent the biggest threats and opportunities in a rapidly transforming telecom sector, according to Ernst &amp; Young&#039;s report.]]></description>
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<title><![CDATA[UN to send monitors to Syria on Sunday as fighting rages]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57460</link>
<description><![CDATA[INTERNATIONAL. A spokesman Kofi Annan said an advance team of six monitors would arrive in Syria within 24 hours and deploy within 36 hours, with more to follow within days.]]></description>
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<title><![CDATA[Dubai Group restarts US$10 billion debt talks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57452</link>
<description><![CDATA[UAE. Dubai Group has proposed a new solution to its US$10 billion debt problem, sources said, reviving talks that stalled more than two months ago.]]></description>
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<title><![CDATA[Abu Dhabi fund Mubadala&#039;s 2011 loss soars to US$1.14 billion]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57443</link>
<description><![CDATA[UAE.  Investment vehicle says higher loss due to drop in financial, real estate portfolio; 2011 revenues rose 77% to AED27.9 billion due to high energy prices and consolidation of its semi-conductor unit ATIC. ]]></description>
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<title><![CDATA[Saudi Arabia&#039;s economy grew 6.6% in fourth quarter]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57431</link>
<description><![CDATA[SAUDI ARABIA. The government sector grew by 3.6% and the private sector by 9.9%, the Central Department of Statistics and Information said. The oil industry expanded by 6.1%. 

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<title><![CDATA[Geopolitical analysis: Iran&#039;s Strategy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57422</link>
<description><![CDATA[INTERNATIONAL. The Iranians understand that having nuclear weapons is dangerous but that having a weapons program is advantageous. The nuclear program is merely a tool to divert attention from what is actually happening - a shift in the balance of power in the Middle East.]]></description>
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<title><![CDATA[Too early to say Syria plan has failed, says Kofi Annan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57413</link>
<description><![CDATA[INTERNATIONAL. International envoy Kofi Annan said there should be no preconditions to halting violence in Syria and that a UN-sponsored peace plan designed to stem 13-months of conflict was still on the table.]]></description>
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<title><![CDATA[Dubai Duty Free picks banks for US$1.1 billion loan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57397</link>
<description><![CDATA[UAE. Citibank along with Dubai Islamic, HSBC and Emirates NBD have been hired to arrange and coordinate the debut international transaction for a US$1.1 billion multi-tranche loan facility to help fund the expansion of Dubai&#039;s international airport.]]></description>
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<title><![CDATA[Dubai voted top Gulf destination city for expatriate talent  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57392</link>
<description><![CDATA[UAE. Saudi Arabia, Qatar and Oman are the leading job creators in the GCC: Oil and gas, healthcare and retail sectors are enjoying the largest headcount expansion; Western expatriates easier to recruit as a result of global economic woes.]]></description>
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<title><![CDATA[Robust economic recovery underway, says Alkhabeer Capital]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57390</link>
<description><![CDATA[SAUDI ARABIA. Oil revenues and strong fundamentals augur well for Saudi Arabia&#039;s positive equity market outlook, according to leading Saudi investment company.]]></description>
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<title><![CDATA[Syrian cease-fire unravels amid alleged regime violations]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57388</link>
<description><![CDATA[INTERNATIONAL. The United Nations effort to end the violence in Syria unraveled as the regime differed with envoy Kofi Annan over terms of a cease-fire and opposition groups reported 59 more people killed. ]]></description>
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<title><![CDATA[Emirates may refinance US$550 million bond as borrowing costs fall]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57383</link>
<description><![CDATA[UAE. &quot;At the moment the market is looking pretty attractive for good credit and there are funds available at relatively attractive pricing, Gary Chapman, president of the airline&#039;s dnata unit and services, said.]]></description>
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<title><![CDATA[UAE central bank sets loan limits for state-linked firms]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57373</link>
<description><![CDATA[UAE. Large exposure limit rules for commercial banks expanded; New caps for loans made to local governments and their entities introduced; First such change in two decades.
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<title><![CDATA[OPEC crude oil output rises to 31.39 million b/d in March]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57369</link>
<description><![CDATA[INTERNATIONAL. Increase of 120,000 b/d from an estimated 31.27 million b/d in February; Iranian shipments slow, but production gains from Saudi Arabia, Libya, Iraq.]]></description>
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<title><![CDATA[Dubai International Capital reaches agreement on restructuring US$2.5 billion debt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57356</link>
<description><![CDATA[UAE. Lenders will get 2% interest on about US$2.15 billion of liabilities that will be extended for five years, Dubai Holding, the company&#039;s parent, said. ]]></description>
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<title><![CDATA[Analysis: MENA needs better integration of ICT into national competitiveness plans]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57354</link>
<description><![CDATA[UAE. The 2012 Network Readiness Index ranks five GCC countries in the top 40 list globally. On the other hand, countries in the Levant and North Africa still lag behind and face important challenges to fully leverage ICT.]]></description>
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<title><![CDATA[Bahrain leads Arab World in networked readiness index]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57351</link>
<description><![CDATA[BAHRAIN. The Kingdom has also improved its position within the top 30 global economies, climbing three places, and is now ranked 27th of 133 economies worldwide in the World Economic Forum&#039;s Global Information Technology Report, produced in cooperation with INSEAD.]]></description>
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<title><![CDATA[Saudi to maintain oil supply if US draws stocks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57348</link>
<description><![CDATA[INTERNATIONAL. Saudi Arabia is likely to maintain high oil production in the event consumer countries release emergency stocks, but it will not seek to lure buyers for more oil by discounting its crude.]]></description>
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<title><![CDATA[UAE companies to increase salaries by 5% in 2012, nearly 3% above inflation, reveals Towers Watson survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57338</link>
<description><![CDATA[UAE. Employees in Saudi Arabia will see the highest increases at 6% against an inflation rate of 4.1%.  Salary increases are expected to be consistent across the remaining Gulf States at 5.0%- 5.5%.]]></description>
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<title><![CDATA[UAE banks increase profits by 24% in 2011, reveals study by The Boston Consulting Group]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57334</link>
<description><![CDATA[UAE. Loan loss provisions up by 4%; operating costs rise by 12%; Further improvement in operating models and process efficiency required to prevent costs from outgrowing revenue and to increase market share.]]></description>
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<title><![CDATA[Abu Dhabi&#039;s Etihad first quarter revenue rises 28%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57322</link>
<description><![CDATA[UAE. Abu Dhabi&#039;s flagship carrier said first quarter revenues were US$989 million, compared with US$770 million for the year-ago period, according to a statement. ]]></description>
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<title><![CDATA[Saudi Arabia, Abu Dhabi and Qatar to see increased M&amp;A activity in 2012, says Deloitte]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57308</link>
<description><![CDATA[UAE. M&amp;A deals to witness gradual improvement in Middle East. Decreased international interest in Middle East assets for M&amp;A activities due to political uncertainty, according to Deloitte. ]]></description>
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<title><![CDATA[Clinton builds Gulf military ties while urging democracy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57300</link>
<description><![CDATA[INTERNATIONAL. Clinton attended the inaugural meeting of the Gulf Cooperation Council&#039;s Strategic Cooperation Forum, where foreign ministers discussed the creation of a shared missile-defense system based on technology from US defence contractors Lockheed Martin and Raytheon.]]></description>
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<title><![CDATA[Entrepreneurship: Putting Arab women in the picture ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57296</link>
<description><![CDATA[UAE. The pressures placed on Middle Eastern women, juggling their expanding role in the region&#039;s economic development while maintaining the traditional position as home-maker, presented a unique opportunity to build a virtual bridge between business forums and a woman&#039;s home.]]></description>
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<title><![CDATA[The Middle East is the place to be for senior business leaders, reveals research paper]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57290</link>
<description><![CDATA[UAE. Highest salary increases in 2012 expected in the Middle East and emerging markets as the competition for talent is most pronounced and the remunerations match high demand. ]]></description>
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<title><![CDATA[Dubai Duty Free said to seek US$1.1 billion through bank loan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57286</link>
<description><![CDATA[UAE. Dubai Duty Free is raising a US$1.1 billion loan backed by the airport retailer&#039;s future cash earnings and hired lenders to help with the plan, two bankers familiar with the deal said.]]></description>
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<title><![CDATA[London holds &#039;top city&#039; position, Dubai rises fast, says The Wealth Report 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57281</link>
<description><![CDATA[INTERNATIONAL. The report ranks Dubai as the 13th most important city in the world, and 8th in terms of growing in importance to HNWIs; For HNWIs from the Middle East and Africa, in terms of fastest growing in importance, Dubai is overshadowed by only London.]]></description>
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<title><![CDATA[DP World profit climbs 82% ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57275</link>
<description><![CDATA[UAE. The world&#039;s third- biggest port operator&#039;s full- year profit was helped by gains from the part-sale of its terminals in Australia and as container volumes rose.]]></description>
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<title><![CDATA[Investors bullish on Saudi equities]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57268</link>
<description><![CDATA[INTERNATIONAL. Money managers from Mark Mobius to John Burbank are bullish on Saudi Arabia, where stocks are producing the world&#039;s best risk-adjusted gains in 2012 with lower volatility than longer-term U.S. Treasuries. ]]></description>
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<title><![CDATA[Arab Spring turns to Economic Winter on more joblessness]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57266</link>
<description><![CDATA[INTERNATIONAL. The world&#039;s highest youth jobless rate left the Middle East vulnerable to the uprisings that ousted Egypts Hosni Mubarak and three other leaders in the past year. It has got worse since then.]]></description>
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<title><![CDATA[UAE residents abroad: Shopping, eating and relaxing, but no snorkeling or volunteering, reveals survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57248</link>
<description><![CDATA[UAE. 72% of UAE residents are photography enthusiasts abroad; 53% of UAE residents are keen to be green tourists ; Paris wins the landmark battle as Eiffel Tower is voted the favorite attraction to visit.]]></description>
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<title><![CDATA[Deloitte identifies 8 human capital trends to transform HR and business in 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57249</link>
<description><![CDATA[UAE. HR boosting capabilities in 3 growth areas in 2012: emerging markets, mergers and acquisitions and innovation.]]></description>
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<title><![CDATA[Internet economy in Saudi Arabia forecast to reach US$25.5 billion by 2016, 3.8% of GDP]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57242</link>
<description><![CDATA[SAUDI ARABIA. New report by The Boston Consulting Group provides the first and most comprehensive study of the global - and local - impact of the Internet across the G-20.]]></description>
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<title><![CDATA[At home in the cloud - The emerging opportunity for telecom operators]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57231</link>
<description><![CDATA[UAE. Booz &amp; Company examines the impact of residential consumers on cloud storage expansion and how telecom operators can keep up.]]></description>
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<title><![CDATA[Interest rates: the market has it all wrong]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57220</link>
<description><![CDATA[INTERNATIONAL. The market expects that the central bank put will be in place forever and doesn&#039;t think it needs to have a worry in the world. We think the market probably has it all wrong. ]]></description>
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<title><![CDATA[UAE property market: Dubai recovers, further falls seen in Abu Dhabi ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=57216</link>
<description><![CDATA[UAE. Apartment and villa rents in Dubai rise 1% - villa sales prices increase 4% - Abu Dhabi apartment and villa rents on average decline 5% - residential property prices to fall further, says latest Asteco report]]></description>
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