<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Business 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[Syrian army attacks Homs killing 260, say activists]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56495</link>
<description><![CDATA[SYRIA. The government denied involvement in the violence, blaming &quot;armed gunmen&quot;, as television stations showed images of bodies on the ground and buildings destroyed.]]></description>
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<title><![CDATA[More UAE travellers move to digital contactless payments, reveals global industry study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56496</link>
<description><![CDATA[UAE. 94% of UAE respondents prefer to embed &quot;Augmented Reality&quot; on their mobile devices .]]></description>
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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=4&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[Gold down 0.7% on the week as physical buyers cash in ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56493</link>
<description><![CDATA[INTERNATIONAL. &quot;We have noted that many of our physical customers have actually redeemed a decent amount of Gold over the course of the last week,&quot; says Gerhard Schubert. ]]></description>
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<title><![CDATA[Bernanke&#039;s comments &#039;lend support&#039; to Gold, but precious metals dip following strong US jobs news]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56490</link>
<description><![CDATA[INTERNATIONAL. Spot market gold prices slipped back below US$1,730 an ounce while stock markets rallied strongly following the release of better-than-expected US jobs figures]]></description>
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<title><![CDATA[UN atomic agency to hold further discussions with Iran over nuclear programme]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56485</link>
<description><![CDATA[INTERNATIONAL. &quot;The agency is committed to intensifying dialogue. It remains essential to make progress on substantive issues,&quot; said Yukiya Amano, the IAEA Director General.

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<title><![CDATA[UAE, Qatar stop trade finance to Iran over sanctions]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56488</link>
<description><![CDATA[UAE. The central banks of UAE and Qatar have told lenders to stop financing trade with Iran, bankers said, cutting another source of credit for a country struggling under Western economic sanctions imposed over its nuclear programme.

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<title><![CDATA[Special Tribunal for Lebanon to try four men accused of Hariri killing in absentia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56487</link>
<description><![CDATA[LEBANON. The STL noted the multiple attempts by Lebanese authorities to find the accused men at their last known residences.]]></description>
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<title><![CDATA[Sustainable budget should be top US priority, says Bernanke]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56486</link>
<description><![CDATA[INTERNATIONAL. Bernanke warned in testimony to the House of Representatives that the US fiscal trajectory remains troublesome.  

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<title><![CDATA[Chinese &amp; Indian Gold demand rising as zero rates &#039;distort&#039; investment markets, &#039;may kill credit&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56484</link>
<description><![CDATA[INTERNATIONAL. So far in 2012, imports of Gold Bullion to India - the world&#039;s No.1 consumer - have been &quot;significantly above average&quot; reports UBS strategist Edel Tully, despite last month&#039;s doubling of import duties.

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<title><![CDATA[&#039;Gold is way too cheap,&#039; says James Turk]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56483</link>
<description><![CDATA[INTERNATIONAL. GoldMoney Founder and Chairman James Turk knows how to find great deals on gold and silver. He claims that the 2012 bottom for gold came during the first week in January and projects that gold will hit the US$2,000 mark within three months. ]]></description>
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<title><![CDATA[Commodities: Glencore and Xstrata in US$80 billion merger talks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56482</link>
<description><![CDATA[INTERNATIONAL. The world&#039;s largest diversified commodities trader already owns a 34% stake in Xstrata and a tie-up between the two Swiss-based businesses has long been expected. ]]></description>
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<title><![CDATA[Zuckerberg&#039;s control over 57% of Facebook may deter potential investors ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56481</link>
<description><![CDATA[INTERNATIONAL. Zuckerberg&#039;s control means directors and shareholders will have less sway over the company&#039;s direction, &quot;which is terribly harmful to any notion of accountability.&quot;]]></description>
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<title><![CDATA[India court orders licences cancelled in telecom scandal ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56480</link>
<description><![CDATA[INTERNATIONAL. Underpriced sales cost government billions, state auditor said; Verdict could shake up market; Big carriers to benefit; Carriers whose licences were ordered revoked include the local joint ventures of Etisalat and S-Tel, part-owned by Batelco. ]]></description>
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<title><![CDATA[General Motors  appoints Carat as strategic global media partner]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56477</link>
<description><![CDATA[UAE. The appointment carries an anticipated annual media spend of US$3 billion worldwide, according to Kantar Media]]></description>
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<title><![CDATA[Eurozone should exit mild recession by late 2012, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56476</link>
<description><![CDATA[INTERNATIONAL. The core countries will likely lead the way back to growth; Risks of a gloomier outcome have not diminished yet.]]></description>
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<title><![CDATA[Dubai&#039;s Aramex reports 4% rise in fourth quarter profit to US$15.57 million ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56475</link>
<description><![CDATA[UAE. Uncertainty remains over the outlook for 2012 in light of sluggish global trade and instability in the Middle East, the company&#039;s chief executive Fadi Ghandour said.

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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=4&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[Egypt soccer violence kills 74, fans turn on army]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56473</link>
<description><![CDATA[EGYPT. At least 1,000 people were injured in the violence when soccer fans staged a pitch invasion in  Port Said; The Muslim Brotherhood, saw an &quot;invisible&quot; hand at work.
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<title><![CDATA[Geopolitical Analysis: Germany&#039;s role in Europe and the European debt crisis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56454</link>
<description><![CDATA[INTERNATIONAL. For all their discussion of fiscal prudence and care, the Germans have an interest in facilitating consumption and demand for their exports across Europe. Without these exports, Germany would plunge into depression.
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<title><![CDATA[Eurozone confidence returns but the imposition by unelected officials on Greece is a recipe for geopolitical disaster]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56472</link>
<description><![CDATA[UAE. European Central Bank has calmed nerves but not solved the problems; Gold one of the best asset classes in January, says Gary Dugan.
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<title><![CDATA[The spirit of childhood is at risk, reveals global report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56470</link>
<description><![CDATA[INTERNATIONAL. The report reveals that the vast majority of parents surveyed believe today&#039;s kids are growing up quicker than previous generations. In fact, seven out of 10 parents worldwide say their children should have more time to &quot;just be kids.&quot; 

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<title><![CDATA[Majid Al Futtaim prices US$400 million sukuk issue ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56468</link>
<description><![CDATA[UAE. The sukuk was 4 times oversubscribed with over 140 orders and features well-diversified investor participation]]></description>
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<title><![CDATA[Global outlook for real estate remains unclear in 2012, says CBRE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56466</link>
<description><![CDATA[UAE. Macro-economic and political landscape uncertainty suggests that a cautious outlook for commercial real estate is likely to persist into 2012, according to a new report from CBRE Global Research.]]></description>
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<title><![CDATA[Rising health care costs could weigh on the G-20&#039;s sovereign credit worthiness, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56464</link>
<description><![CDATA[INTERNATIONAL. S&amp;P&#039; hypothetical scenario analysis, which covers the period from 2010-2050, finds that governments&#039; fiscal burdens will increase significantly over the coming decade.]]></description>
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<title><![CDATA[Thomson Reuters and Crescent Wealth launch Islamic investment index for the Australian market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56463</link>
<description><![CDATA[INTERNATIONAL. The index enables investors to benchmark the Australian equities market and therefore provides a powerful tool to those wishing to expand and diversify their investment portfolios in accordance with Islamic principles.]]></description>
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<title><![CDATA[Global pension fund assets hit record high in 2011 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56462</link>
<description><![CDATA[UAE. Global institutional pension fund assets in the 13 major markets grew by 4% during 2011 to reach a new high of US$28 trillion. But global pensions balance sheet weakened by burgeoning liabilities.]]></description>
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<title><![CDATA[MENA region faces headwinds but should manage 3.5% growth as domestic demand returns]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56461</link>
<description><![CDATA[UAE. A perfect storm is brewing for the global economy; The surge in commodities in 2011, partly due to the US Fed&#039;s QE 2 programme, saw the outlook for the Middle East and North Africa improve, according to Saxo Bank.]]></description>
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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=4&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[Lebanon &#039;B/B&#039; ratings affirmed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56459</link>
<description><![CDATA[INTERNATIONAL. &quot;Lebanon continues to face internal and external political challenges, which constrain growth, hinder fiscal consolidation, and increase the country&#039;s vulnerability to a balance of payments crisis.&quot;]]></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=4&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=4&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=4&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[Publicis Groupe acquires Flip Media ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56455</link>
<description><![CDATA[UAE. The agency will be folded into Leo Burnett Worldwide and will retain its name. Its founders, Martin Diessner and Dinesh Lalvani, will continue to be involved with the new entity as non-executive directors.]]></description>
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<title><![CDATA[Emerging markets: Are the opportunities worth the challenge? ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56453</link>
<description><![CDATA[UAE. Spectacular growth, cheap labour, abundant natural resources, pent-up consumer demand - emerging markets have it all! Now here&#039;s the downside...]]></description>
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<title><![CDATA[Gold up 10% YTD - Speculators yet to join the party]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56452</link>
<description><![CDATA[INTERNATIONAL. With gold starting 2012 at a cracking pace, gaining 10% in the first month (equaling the gains of the whole of 2011) - gold may be poised to set fresh highs this year.]]></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=4&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[Europe signs up to German-led fiscal pact]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56448</link>
<description><![CDATA[INTERNATIONAL. Angela Merkel cemented her political ascendancy in Europe when 25 out of 27 EU states agreed to a German-inspired pact for stricter budget discipline.]]></description>
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<title><![CDATA[Seminar calls for better work-life balance policies in the UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56447</link>
<description><![CDATA[UAE. The Gender and Public Policy Program at the Dubai School of Government hosted Aisha Al Suwaidi to present findings and provide an assessment on the needs of working women in federal government sector jobs.

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<title><![CDATA[57% believe a cyber arms race is currently taking place, reveals report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56445</link>
<description><![CDATA[INTERNATIONAL. Written by the Security Defence and Agenda and sponsored by McAfee, the report reveals major challenges in cyber readiness; Finland, Israel and Sweden lead the pack in first global report on Cyber Defence. 
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<title><![CDATA[Infrastructure development, youth engagement &amp; entrepreneurship, and increased political will identified as key drivers for future African growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56435</link>
<description><![CDATA[INTERNATIONAL. Africa investor and Brand South Africa convene global business leaders at WEF.]]></description>
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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=4&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[Middle East retailers record strongest growth as global sales rise 5%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56440</link>
<description><![CDATA[UAE. Retail sales rebound globally but outlook is uncertain as global economy slows down; Middle East and African retailers generating the highest compound annual growth rate of all regions over the 2005-2010 period, according to Deloitte report.]]></description>
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<title><![CDATA[Candidate&#039;s &#039;professional success&#039; most desirable by Middle East hiring managers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56439</link>
<description><![CDATA[UAE. Handling multicultural teams is considered to be most challenging by managers.]]></description>
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<title><![CDATA[GCC aluminium output to reach 10% of global production]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56438</link>
<description><![CDATA[UAE. According to Frost &amp; Sullivan, GCC smelters are now actively engaged in downstream development to instigate local demand and value addition.]]></description>
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<title><![CDATA[Dana Gas Sukuk yields near record on lack of payment strategy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56437</link>
<description><![CDATA[UAE. Dana Gas, which said yesterday 2011 profit more than tripled, didn&#039;t give investors details of how it plans to pay the sukuk. 

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<title><![CDATA[DP World sees Gross Profit &#039;in line with expectations&#039; as volumes rise 10%]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56436</link>
<description><![CDATA[The company handled 54.7 million twenty-foot equivalent container units at its ports last year compared with 49.6 million TEUs a year earlierUAE. ]]></description>
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<title><![CDATA[Beijing shoppers &#039;snatching up gold&#039;, Germany &#039;failing to learn lessons of history&#039; with Greek fiscal plan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56434</link>
<description><![CDATA[INTERNATIONAL. During last week&#039;s Lunar New Year holiday, China saw a &quot;gold rush&quot;, with consumers spending more on buying gold than during the 2011 festival, according to a China Daily report.]]></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=4&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[Sarkozy election hopes hit as 2012 growth forecast halved]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56432</link>
<description><![CDATA[INTERNATIONAL. Downward revision piles more pressure on Nicolas Sarkozy a day after the president unveiled a raft of measures he hopes will jumpstart the economy.]]></description>
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<title><![CDATA[Royal Bank of Scotland boss turns down disputed bonus]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56431</link>
<description><![CDATA[INTERNATIONAL.  The chief executive of Britain&#039;s state-rescued RBS has turned down his hotly-disputed bonus of shares worth close to 1 million pounds, amid a row over executive pay.]]></description>
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<title><![CDATA[Much more can be done to support SMEs, says a new report from Insight Discovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56429</link>
<description><![CDATA[UAE. In the GCC region, financial institutions have shied away from SMEs; Upfront costs hinder the setting up of SMEs; More can be done to encourage entrepreneurship; Further regulatory and legal reform can underpin a vibrant SME market.]]></description>
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<title><![CDATA[MENA will stand stronger by end 2012 following increased volatility]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56420</link>
<description><![CDATA[UAE. Steen Jakobsen, Saxo Bank&#039;s chief economist, will visit Dubai on 1 February to discuss the current market status and the Bank&#039;s outlook for Q1 2012.

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<title><![CDATA[Up to US$400 billion of money &#039;in play&#039; for hedge funds in 2012]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56418</link>
<description><![CDATA[INTERNATIONAL. The hedge fund industry faces challenges in 2012, but also a year of significant opportunity, according to a Barclays Capital report, The Money Trail, released today.

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<title><![CDATA[PwC&#039;s Economic Crime Survey projects an increase in bribery and corruption in the Middle East]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56417</link>
<description><![CDATA[UAE. 28% of businesses and other organisations in the Middle East reported economic crime in the last 12 months, according to data released today at the 3rd Anti Corruption Summit in Abu Dhabi.  
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<title><![CDATA[Nearly 50% of all organizations view emerging markets like the Middle East as a top strategic business issue, reveals Deloitte global mobility survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56416</link>
<description><![CDATA[INTERNATIONAL. A mere 2% of all organizations surveyed feel there is currently complete alignment between their global mobility function and business and talent strategies - although almost 90% feel it is important.]]></description>
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<title><![CDATA[Dana Gas reports fourth quarter profit jump]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56415</link>
<description><![CDATA[UAE. Dana Gas, which faces a US$1 billion sukuk maturity in October, reported sharply higher fourth-quarter and yearly profits, buoyed by an increase in production and higher oil prices.

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<title><![CDATA[George Soros is among &#039;angels&#039; who want civilization to survive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56414</link>
<description><![CDATA[INTERNATIONAL. &quot;I am right now on the side of the angels. Not an easy role to play.&quot; Soros said he is among those &quot;trying to keep the system together.&quot;]]></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=4&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[Eurozone &#039;wreck&#039; may force Greece out within a year, says Nouriel Roubini]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56413</link>
<description><![CDATA[INTERNATIONAL. Roubini sees a severe recession in Europe and a 50% probability &quot;that over the next three to five years the euro zone will break up.]]></description>
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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=4&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=4&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[Waist deep in the Big Muddy: Fed may lead planet into financial chaos as other nations follow farther into a swamp of liquidity]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56410</link>
<description><![CDATA[INTERNATIONAL. In order to keep rates low, the Fed must continually print money to buy US Treasuries. This will likely push more investors into gold and away from dollar-denominated assets.
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<title><![CDATA[Arab League suspends Syrian mission]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56408</link>
<description><![CDATA[SYRIA. Syrian security forces fought in the suburbs of Damascus to clear areas that have fallen under rebel control, a day after the Arab League suspended its mission.]]></description>
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<title><![CDATA[Davos global economic outlook: Restoring confidence crucial to rebuilding world recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56407</link>
<description><![CDATA[INTERNATIONAL. No country immune from current crisis, says IMF Managing Director Christine Lagarde; Need to build firewalls to restore confidence; Countries must tailor their budget responses to individual situation. 

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<title><![CDATA[Educated, ambitious and essential: Women will drive the GCC&#039;s future]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56400</link>
<description><![CDATA[UAE. Booz &amp; Company addresses ways in which the GCC&#039;s private sector can address nationalization and unemployment by hiring the region&#039;s highly educated female population.

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<title><![CDATA[Private investment critical to achieve universal energy access, Ban Ki-moon tells Davos Forum]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56402</link>
<description><![CDATA[INTERNATIONAL. The initiative seeks to ensure universal access to modern energy services, double the rate of improvement in energy efficiency and double the share of renewable energy in the global energy mix, all by 2030.]]></description>
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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=4&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[Germany wants Greece to give up budget control]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56399</link>
<description><![CDATA[INTERNATIONAL. Under the German plan, Athens would only be allowed to carry out normal state spending after servicing its debt, the The Financial Times said.

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<title><![CDATA[Wood, Trees &amp; Gold ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56397</link>
<description><![CDATA[INTERNATIONAL. Gold Investment beat every other store of value hands down in the decade just gone. Pretty much every currency you can name lost 85% of its value in gold. Yet the sheer quantity of new money pouring into central-bank vaults saw their gold holdings only just hold their ground. Gold&#039;s rise, in short, has been buried under wood-pulp.
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<title><![CDATA[Europe financial crisis is at &#039;beginning of the end,&#039; says Nomura]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56396</link>
<description><![CDATA[INTERNATIONAL. The worst of the European sovereign debt crisis may be over as the region&#039;s banks are increasingly able to access funding, Nomura top executive says in Davos.]]></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=4&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[Maktari still bullish on gold, willing to wait out US$2,000 level ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56393</link>
<description><![CDATA[UAE. 2012 Gold Forecast: With continued tension in the Middle East and more financial turmoil looming, &#039;Gold Hand&#039; Maktari says this is another year for the record books.]]></description>
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<title><![CDATA[Gold gains 4.2% on the week following FOMC &#039;catalyst&#039; ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56381</link>
<description><![CDATA[INTERNATIONAL. Gold prices closed US$71 up on the week for their biggest one-week rise since the start of December, climbing back through US$1,737 an ounce - a weekly gain of over 4.2%.]]></description>
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<title><![CDATA[City of London&#039;s long term prosperity dependent on maintaining a multicultural workforce]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56392</link>
<description><![CDATA[INTERNATIONAL. L3F report explores the financial services industry to 2050; Surprises include the size, rocation and role of financial services; The report is being published by Long Finance as part of the Financial Centre Futures programme sponsored by Qatar Financial Centre Authority. ]]></description>
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<title><![CDATA[Falcon Private Bank launches MENASA Fixed Income Fund]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56391</link>
<description><![CDATA[INTERNATIONAL. Emerging markets are expected to increasingly decouple from developed markets and as such offer a diversified investment opportunity. ]]></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=4&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[Crises offer unique opportunities to lay foundation for sustainable global growth, says Ahmed Heikal ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56387</link>
<description><![CDATA[EGYPT. Investors will maximize their chances of locking in attractive long-term returns by investing in businesses that provide solutions to some of the greatest challenges of our age, the Chairman and Founder of Citadel Capital, the leading private equity firm in the Middle East and Africa, said in Davos.]]></description>
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<title><![CDATA[Fitch cuts rating of five eurozone countries]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56386</link>
<description><![CDATA[INTERNATIONAL. Rating agency Fitch on Friday downgraded five eurozone countries, including Italy and Spain, citing their vulnerability to sharp turns in market sentiment.]]></description>
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<title><![CDATA[Facebook may file for IPO next week]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56385</link>
<description><![CDATA[INTERNATIONAL. Facebook may file papers for an initial public offering next week that would value the social network at up to US100 billion, The Wall Street Journal reported. ]]></description>
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<title><![CDATA[UK sets criteria for additional IMF funds]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56384</link>
<description><![CDATA[INTERNATIONAL. Eurozone countries must show &quot;the colour of their money&quot; in shoring up the single currency before any IMF funds are given to members facing economic collapse.]]></description>
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<title><![CDATA[Qatar Airways could delay A380 delivery for cracks]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56383</link>
<description><![CDATA[QATAR. &quot;I&#039;m sure that it (the cracks) is something that has emerged and that Airbus is capable of putting it right soon,&quot; Qatar Airways CEO Akbar Al Baker said.]]></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=4&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[G-20&#039;s Internet economy set to reach US$4.2 trillion by 2016, says The Boston Consulting Group ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56375</link>
<description><![CDATA[INTERNATIONAL. Every business needs to &quot;go digital&quot; if it is to capitalize on the dramatic transformation of the Internet across the world&#039;s biggest economies over the next five years, while governments &quot;should let the market sort out the winners and losers&quot;.]]></description>
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<title><![CDATA[Dubai to pay debts in 2012  &#039;without a doubt&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56368</link>
<description><![CDATA[UAE. Dubai doesn&#039;t expect to need financing from Abu Dhabi in 2012 to meet its schedule of repaying US$14 billion in debt, the chief executive of Investment Corp. of Dubai said in Davos.]]></description>
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<title><![CDATA[The Economist launches new China section to give greater insight into the fast-rising superpower]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56380</link>
<description><![CDATA[INTERNATIONAL. The Economist launches a new section on China today, offering greater insight into the fast-rising superpower, in the magazine&#039;s first new section devoted to a single country for 70 years.]]></description>
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<title><![CDATA[Africa seen as most attractive region for investment in the next decade]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56377</link>
<description><![CDATA[UAE. An exclusive video interview with Invest AD Head of Asset Management, Mohammed Al Hashemi, following a report &quot;Into Africa, Institutional Investors Intentions to 2016&quot; written by the Economist Intelligence Unit.

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<title><![CDATA[Fears of eurozone credit crunch grow]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56376</link>
<description><![CDATA[INTERNATIONAL. Fears of an emerging credit crunch in the eurozone increased on Friday as data showed a sharp slowdown in bank lending to the private sector, despite recent unprecedented injections of liquidity.

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<title><![CDATA[Greece &#039;very close&#039; to debt agreement]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56374</link>
<description><![CDATA[INTERNATIONAL. We&#039;re just about to close a deal on private sector involvement between the Greek government and the private-sector community, EU Commissioner Olli Rehn said in Davos.

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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=4&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[Gold proves safest as Goldman forecasts record]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56373</link>
<description><![CDATA[INTERNATIONAL. Gold provided the best returns of all commodities in the past five years when adjusted for volatility; Goldman Sachs says the rally will continue as options traders signal no change in the metal&#039;s relatively low risk.]]></description>
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<title><![CDATA[Oil markets seen withstanding Iran attack]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56369</link>
<description><![CDATA[INTERNATIONAL. More than 70% of investors said an attack on Iran&#039;s nuclear facilities would create only a short-term disruption in oil markets, according to a quarterly Bloomberg Global Poll. 

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<title><![CDATA[UAE chips in with US$545 million to help citizens&#039; debts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56371</link>
<description><![CDATA[UAE. The president of the United Arab Emirates has instructed authorities to aid nearly 7,000 citizens who defaulted on personal debts.]]></description>
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<title><![CDATA[Cameron slams Europe&#039;s &#039;mad&#039; transaction tax plan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56370</link>
<description><![CDATA[INTERNATIONAL. Cameron said a shared currency must be backed with a central bank ready to act as a lender of last resort, deep economic integration between member states and a system of fiscal transfers to offset imbalances.]]></description>
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<title><![CDATA[UAE sees 2012 GDP growing at least 4%, says won&#039;t lend IMF more]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56367</link>
<description><![CDATA[UAE. &quot;This [IMF] issue, we are not part of it right now. We have to address issues in our region, our country,&quot;  Economy Minister Sultan al-Mansouri said.
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<title><![CDATA[Fayyaz Alimohamed sees &#039;mania&#039; in junior mining stocks, recommends holding physical gold outside the banking system]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56366</link>
<description><![CDATA[INTERNATIONAL. In this exclusive Gold Report interview, Fayyaz Alimohamed, CEO of Altair Ventures Inc. and publisher of the Acamar Journal, offers historical perspective and predictions on the global economic crisis. ]]></description>
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<title><![CDATA[gTLD platform: Market domination via name identity]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56365</link>
<description><![CDATA[INTERNATIONAL. Global corporate nomenclature is making history, right now, as ICANN gTLD platform opens with full swing, the established and largest name brands of the world are now pitted against the newest, recently incubated, globally poised but relatively unknown name brands]]></description>
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<title><![CDATA[Jordan wins US$250 million World Bank loan after regional unrest]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56364</link>
<description><![CDATA[INTERNATIONAL. The loan &quot;helps the country manage the global economic downturn and the short-term shocks caused by political events in the region.&quot; ]]></description>
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<title><![CDATA[Africa emerging as an increasingly important player in the global economy, says Brand South Africa]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56361</link>
<description><![CDATA[INTERNATIONAL. The relative decline of the West&#039;s traditional political and economic power and the rise of new emerging market powers and groupings, such as the BRICS nations, are changing the way the world understands and relates to itself.]]></description>
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<title><![CDATA[With US 10 year bond yields hovering around 2%, more and more investors will look to higher yielding bond markets, says Gary Dugan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=56363</link>
<description><![CDATA[UAE.  &quot;We continue to be struck by the gap between yields in the US and other highly rates paper in the MENA region. US 10 year yields are around 2%, Qatar bonds on a similar credit rating trade on a close to a 4% yield.&quot;
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