<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>
<item>
<title><![CDATA[Gerhard Schubert: Another bad week for gold without a single day of rising prices]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61883</link>
<description><![CDATA[UAE. &quot;The general trading atmosphere is sufficiently negative for gold to enable sellers to have a firm grip on the market. However, I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries.&quot;]]></description>
</item>
<item>
<title><![CDATA[Political uncertainties overshadow Bahrain&#039;s regional hub status, says A.M Best report ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61882</link>
<description><![CDATA[INTERNATIONAL. Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence.]]></description>
</item>
<item>
<title><![CDATA[Egypt rethinks its subsidy system for the poor]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61877</link>
<description><![CDATA[EGYPT.  The Egyptian government has taken tentative steps towards reducing the roughly US$20 billion subsidy system that supporters say provides vital aid to the one-in-four Egyptians in poverty, and critics say is unsustainable and enriches the corrupt.]]></description>
</item>
<item>
<title><![CDATA[Commentary: Leading the public web into a Big Data environment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61881</link>
<description><![CDATA[UAE. Red Hat&#039;s Mark Little and Tom Llewellyn explain how Large-scale Elastic Architecture for Data-as-a-Service (LEADS) will enable enterprises to leverage all of the public data on the web against privately held data.]]></description>
</item>
<item>
<title><![CDATA[The growing opportunities in the Saudi healthcare sector]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61879</link>
<description><![CDATA[UAE. For those businesses yet to participate in the Middle East healthcare sector expansion, there is still time; investment in the field will be sustained, if only because of investment by the Saudi government.]]></description>
</item>
<item>
<title><![CDATA[Dubai&#039;s Atlantis Hotel said to seek US$850 million syndicated loan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61880</link>
<description><![CDATA[UAE. It would replace a US$700 million 12-year term loan raised in 2005 to fund construction of Atlantis, according to two people with knowledge of the matter. 
]]></description>
</item>
<item>
<title><![CDATA[Leading keynote speakers contest social media at Bahrain&#039;s capital Club]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61878</link>
<description><![CDATA[BAHRAIN. 85% support the motion that the benefits of social media are worth the consequences, compared to the initial vote of 65% before the arguments began.]]></description>
</item>
<item>
<title><![CDATA[Retailers can use NGOs to help Bangladesh workers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61876</link>
<description><![CDATA[INTERNATIONAL. Workers&#039; safety in Bangladesh could be improved if western retailers use NGOs to report on conditions, says Warwick Business School&#039;s Professor Michael Mol.]]></description>
</item>
<item>
<title><![CDATA[Libya: The Political and Administrative Isolation Law]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61865</link>
<description><![CDATA[LIBYA. Libya is continuing to face challenges during this period of transition, but there is a growing tangible confidence and a belief that Libya will find a way through these challenges.]]></description>
</item>
<item>
<title><![CDATA[Total assets of the Top 500 Companies in the Arab World stand at US$2.21 trillion, reveals Forbes study]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61874</link>
<description><![CDATA[UAE. Saudi Arabia&#039;s SABIC clinched the number one spot with net profits of US$6.6 billion and US$90.2 billion in total assets; Qatari companies top the banking, industrials, insurance, transport and retail sectors; The real estate sector is back on track.]]></description>
</item>
<item>
<title><![CDATA[South African doctor returns home after UAE detention]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61875</link>
<description><![CDATA[INTERNATIONAL. Amid the saga to have Cyril Karabus freed, the World Medical Association issued a cautionary advisory notice to doctors thinking of working in the UAE.]]></description>
</item>
<item>
<title><![CDATA[Pension funds &#039;selling gold ETFs&quot;, dollar weakness seen offering only hope short term]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61870</link>
<description><![CDATA[INTERNATIONAL. Gold prices failed to hold a rally above US$1,380 per ounce in London on Friday morning, trading 5% down for the week as world stock markets held steady.

]]></description>
</item>
<item>
<title><![CDATA[Masdar, IFC to join forces on renewable energy investment]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61873</link>
<description><![CDATA[UAE. New alliance to explore potential development of US$1.5 billion in carbon capture, renewable energy, desalination and cleantech venture capital projects.]]></description>
</item>
<item>
<title><![CDATA[Classification of contractors and engineering consultancies in Abu Dhabi: deadline extended]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61866</link>
<description><![CDATA[UAE. The consequences of not being classified means that a company may not be able to hold a commercial license issued by the Abu Dhabi Department of Economic Development.]]></description>
</item>
<item>
<title><![CDATA[Qatar Airway 787 Dreamliner resumes London Heathrow  service ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61869</link>
<description><![CDATA[QATAR. Doha-based airline remains first and only carrier to fly Boeing 787 scheduled services to and from the UK. ]]></description>
</item>
<item>
<title><![CDATA[Kuwait Airways signs deal with Airbus to buy 25 planes ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61867</link>
<description><![CDATA[KUWAIT. Kuwait Airways is buying 15 A320neo and 10 A350-900 planes with options for 10 more, five from each, chairman Sami al-Nasef said.]]></description>
</item>
<item>
<title><![CDATA[IMF says Bahrain&#039;s growing debt may be unsustainable by 2018]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61863</link>
<description><![CDATA[BAHRAIN. Bahrain must urgently cut spending or risk unsustainable public debt as its fiscal deficit widens and oil prices decline, according to the IMF. ]]></description>
</item>
<item>
<title><![CDATA[Businesses in the UAE turn to cloud computing security solutions as cyber attacks rise]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61861</link>
<description><![CDATA[UAE. Frost &amp; Sullivan webinar concluded that low penetration in large enterprises widens scope for adoption of security solutions.]]></description>
</item>
<item>
<title><![CDATA[Gold near one-month low as Soros, Blackrock reduce ETP holdings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61864</link>
<description><![CDATA[INTERNATIONAL. George Soros and Blackrock cut holdings of bullion-backed ETPs, adding to signs that investment demand is waning as U.S. equities rally.]]></description>
</item>
<item>
<title><![CDATA[Global name branding: Singular policy or plural options]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61859</link>
<description><![CDATA[INTERNATIONAL. The current ICANN gTLD exuberance now requires a worldwide awakening, particularly in the diverse domain name industry that without well balanced trademark rules the domain name expansion is basically headed toward disaster. 
]]></description>
</item>
<item>
<title><![CDATA[Al Nabooda&#039;s K. Rajaram shares business insights at Emirates NBD Global Business Series ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61857</link>
<description><![CDATA[UAE. &quot;The future is with the youth, and they need to work hard to gain success. Life is a struggle and the more you put into it the more you will gain.&quot;
]]></description>
</item>
<item>
<title><![CDATA[How to fight corruption with online tools: best practice from Morocco]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61855</link>
<description><![CDATA[INTERNATIONAL. In 2012, Transparency Morocco launched the online platform Mamdawrinch.com (which means &quot;We will not bribe&quot;). The aim was to provide a tool for anonymous denunciation to encourage people to speak up and discuss corruption in public. 

]]></description>
</item>
<item>
<title><![CDATA[Saudi&#039;s Mobily denies asking for help to spy on customers]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61854</link>
<description><![CDATA[SAUDI ARABIA. Telecom operator denies claims by a software engineer that the company had asked him to build surveillance tools to intercept customers&#039; messages on Twitter and other services.]]></description>
</item>
<item>
<title><![CDATA[British-French joint cooperation to support employment in Tunisia ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61849</link>
<description><![CDATA[TUNISIA. The programme aims to improve the entrepreneurship skills of young Tunisians in the southern governorates of Gafsa, Kasserine, Medenine, and Tataouine, to enable them to create and grow their own small businesses. 

]]></description>
</item>
<item>
<title><![CDATA[Obligations and responsibilities of investment managers in the UAE under the draft SCA ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61846</link>
<description><![CDATA[UAE. This article also considers the consequences to the relevant investment manager in the event of a breach.
]]></description>
</item>
<item>
<title><![CDATA[Sarasin Group: Dangerous game with property and responsibility ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61844</link>
<description><![CDATA[INTERNATIONAL. The reckless monetary and fiscal policies of the West are undermining private property and responsibility for individuals. Yet both need each other and bring obligations with them in many respects. 

]]></description>
</item>
<item>
<title><![CDATA[SKAI Holdings announces US$1 billion Viceroy Hotels and Resorts on Palm Jumeirah]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61848</link>
<description><![CDATA[UAE. The development will offer its guests 481 large rooms and suites, and 221 signature Viceroy Residences all with breathtaking views of the Arabian Sea made possible by innovative architecture and design.]]></description>
</item>
<item>
<title><![CDATA[Egypt ideology devolves into anarchy amid vendettas]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61847</link>
<description><![CDATA[EGYPT. Two years into the polarizing transition from the rule of deposed President Hosni Mubarak, political movements in Egypt have shown a growing willingness to confront opponents with force or take the law into their own hands.]]></description>
</item>
<item>
<title><![CDATA[Forbes Middle East presents Top 500 Companies in the Arab World and Top 100 Making an Impact ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61845</link>
<description><![CDATA[UAE. The awards evening was a inspirational gathering, stirring budding entrepreneurs to aspire to brilliance and well-established businesses to expand their horizons, collaborate with the best in the region, and win. ]]></description>
</item>
<item>
<title><![CDATA[Bank of England declares U.K. recovery in sight as growth outlook raised]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61843</link>
<description><![CDATA[INTERNATIONAL. &quot;Of most significance today is that there is a welcome change in the economic outlook,&quot; Mervyn King said as he presented his last quarterly Inflation Report before he retires in July.]]></description>
</item>
<item>
<title><![CDATA[Germany ekes out growth, France slides into recession]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61842</link>
<description><![CDATA[INTERNATIONAL. Germany grew by a weaker than expected 0.1% on the quarter, just skirting recession; France entered a shallow downturn - its first in four years - after contracting by 0.2% in the first quarter. ]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi wealth fund hires John McCarthy from Deutsche Bank]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61841</link>
<description><![CDATA[UAE. His role will include working with a team to originate and complete new deals and manage the fund&#039;s existing infrastructure assets.]]></description>
</item>
<item>
<title><![CDATA[Arif Naqvi receives 2013 Oslo Business For Peace Award]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61835</link>
<description><![CDATA[UAE. First Chief Executive from the UAE to receive this award; Previous winners include Mohammed Jameel, Jeffrey Immelt and Ratan Tata.
]]></description>
</item>
<item>
<title><![CDATA[Disconnectedness - Gold, equities and the real economy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61837</link>
<description><![CDATA[INTERNATIONAL. Both stocks and bonds have reached elevated levels due to the stimulus by the global central banks but not because of strong economic growth.]]></description>
</item>
<item>
<title><![CDATA[Egypt&#039;s litigious transition: Judicial intervention and the muddied road to democracy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61840</link>
<description><![CDATA[INTERNATIONAL. Mahmoud Hamad evaluates the evolving role of Egypt&#039;s judiciary in the country&#039;s transition since the ouster of then-president Hosni Mubarak in February 2011.]]></description>
</item>
<item>
<title><![CDATA[Sales at DAMAC Towers by Paramount development exceed one billion dirhams ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61836</link>
<description><![CDATA[UAE. Phase three of sales launched early as more than 400 units sold in under two months.]]></description>
</item>
<item>
<title><![CDATA[83% of Middle East family businesses have seen sales grow in the past year, reveals PwC survey]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61833</link>
<description><![CDATA[UAE. 23% anticipate quick/aggressive growth over next five years; Middle East are less fazed by the economic situation; Attracting the right skills and talent are the key challenges; Planning for succession still a threat.]]></description>
</item>
<item>
<title><![CDATA[BofA Merrill Lynch Fund Manager Survey finds investors positioning for China slowdown and low inflation ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61832</link>
<description><![CDATA[INTERNATIONAL. Investors have responded by reducing allocations to commodities and emerging markets and upping allocations to bonds.]]></description>
</item>
<item>
<title><![CDATA[Emirates is the Middle East&#039;s most valuable brand  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61805</link>
<description><![CDATA[UAE. GMR reveals top 50 MENA corporate brands;  Al Maraai affirms its position as the most valuable food brand in the Middle East.
]]></description>
</item>
<item>
<title><![CDATA[IEA sees U.S. oil &#039;shockwaves&#039; displacing OPEC as supply driver]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61826</link>
<description><![CDATA[INTERNATIONAL. North America will provide 40% of new supplies to 2018 through the development of light, tight oil and oil sands, while the contribution from OPEC will slip to 30%.]]></description>
</item>
<item>
<title><![CDATA[Investment Dar offers assets to creditors]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61830</link>
<description><![CDATA[KUWAIT. The shareholder in luxury carmaker Aston Martin is offering some of its assets to creditors as the Kuwaiti company restructures debt. ]]></description>
</item>
<item>
<title><![CDATA[Saudi crude oil production rose to 9.27 million bpd in April]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61831</link>
<description><![CDATA[KUWAIT. OPEC held its forecast for growth in world demand unchanged at 0.80 million bpd, and repeated a warning that the rate of oil consumption could underperform. ]]></description>
</item>
<item>
<title><![CDATA[Global crowdinvesting platform launches in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61827</link>
<description><![CDATA[UAE. Operating as a marketplace for both businesses looking for funding and crowd investors seeking new investment prospects.]]></description>
</item>
<item>
<title><![CDATA[The Psychopath in the C-Suite]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61829</link>
<description><![CDATA[INTERNATIONAL. Corporate genius or psychopath? It&#039;s a thin line that divides them. Most people who work in companies run afoul of such a person at least once during their career. Some rise to astonishing heights, and they can cause enormous damage. Dealing with them can be tricky, but here are some tips.

]]></description>
</item>
<item>
<title><![CDATA[Kuwait-led group in takeover approach for Severn Trent]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61828</link>
<description><![CDATA[INTERNATIONAL. The Kuwait Investment Office, Borealis Infrastructure Management Inc. and Universities Superannuation Scheme have approached the utility regarding a possible bid.]]></description>
</item>
<item>
<title><![CDATA[Masdar Institute&#039;s research efforts drive innovation and R&amp;D in UAE]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61824</link>
<description><![CDATA[UAE. Breakthrough innovations offer scope for new applications and devices in desalination, clean energy and healthcare.]]></description>
</item>
<item>
<title><![CDATA[Etisalat adds new fiber optic cable to enhance Internet access ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61823</link>
<description><![CDATA[UAE. New Bay of Bengal Cable is designed to provide upgradable and transmission facilities by adopting the state-of-the-art 100Gbps technology.]]></description>
</item>
<item>
<title><![CDATA[New Muscat hotels developments will double room numbers, says Cluttons report ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61821</link>
<description><![CDATA[OMAN. Recent research has shown that revenues and occupancy for four and five star hotels increased significantly in 2012, driven by Omani rather than foreign guests. ]]></description>
</item>
<item>
<title><![CDATA[Precious metals fall as US Dollar holds gains, India&#039;s new import restrictions &#039;could cut gold imports by 50%&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61820</link>
<description><![CDATA[INTERNATIONAL. The US Federal Reserve has &quot;mapped out a strategy&quot; for winding down its US$85 billion a month asset purchase program, known as quantitative easing, according to a Wall Street Journal article.]]></description>
</item>
<item>
<title><![CDATA[IIF sees robust growth and progress on diversification in the GCC ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61816</link>
<description><![CDATA[UAE. Banking system is sound and has fully recovered from the spillovers of the global financial crisis;  Gross foreign assets to exceed US$2.5 trillion by end-2013, reinforcing economic resilience if oil prices drop.]]></description>
</item>
<item>
<title><![CDATA[Low costs of doing business have helped turn the UAE into a major global business hub]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61789</link>
<description><![CDATA[UAE. Businesses in the UAE benefit from a very generous tax regime; Developed nations continue to drag down businesses with higher corporation taxes than BRICs, finds UHY report.

]]></description>
</item>
<item>
<title><![CDATA[The Carlyle Group partners with Jordan&#039;s Nabil Foods]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61815</link>
<description><![CDATA[JORDAN. Significant minority equity stak in one of the largest producers of frozen and chilled food products in Jordan;  First investment in Jordan by Carlyle.]]></description>
</item>
<item>
<title><![CDATA[US shale oil boom and its impact on Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61804</link>
<description><![CDATA[SAUDI ARABIA. &quot;If oil discovery in one single Saudi well had changed the world map, then why can&#039;t modern-day technologies change the course of the oil industry in seven years to extract the shale oil?&quot;
]]></description>
</item>
<item>
<title><![CDATA[Short-termism to blame for bad business, say business executives]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61810</link>
<description><![CDATA[UAE. 77% of business leaders believe that the search for short-term corporate profitability in the aftermath of the economic crisis has led to poor leadership decisions, according to a survey conducted by London Business School.]]></description>
</item>
<item>
<title><![CDATA[Peter Schiff: Symptoms don&#039;t lie]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61799</link>
<description><![CDATA[INTERNATIONAL. If consumer inflation data were reported more accurately, it would be revealed that much of the apparent growth is an illusion. The patient is getting sicker, but the doctors are too distracted to notice.]]></description>
</item>
<item>
<title><![CDATA[CSR in Saudi Arabia: Far behind or another path?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61800</link>
<description><![CDATA[INTERNATIONAL. While Western companies struggle to develop and communicate their own ethical codes of conduct, Saudi companies are already working within a specific cultural and religious environment that permeates all of society, including business.]]></description>
</item>
<item>
<title><![CDATA[Iraq ten years on: Women yet to regain their place]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61798</link>
<description><![CDATA[IRAQ. In the 1980s, the UN says, Iraqi women enjoyed more basic rights than other women in the region. But years of dictatorship, sanctions and conflict, including the US-led invasion one decade ago, led to deterioration in women&#039;s status. 

]]></description>
</item>
<item>
<title><![CDATA[Nine arrested over deadly Turkey bombings]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61814</link>
<description><![CDATA[INTERNATIONAL. Turkey said it had made arrests over bombings that killed 46 in a town near the Syrian border and warned Damascus a red line had been crossed.

]]></description>
</item>
<item>
<title><![CDATA[Airbus close to Kuwait Airways order for 25 planes ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61813</link>
<description><![CDATA[KUWAIT. Airline may sign the agreement as early as this month for 10 Airbus A350-900s and 15 single-aisle A320neos, according to two people familiar with the matter. 
]]></description>
</item>
<item>
<title><![CDATA[2013 is year of optimism and opportunity in GCC construction sector, finds Deloitte report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61807</link>
<description><![CDATA[UAE. In a region where there is an acute deficit in terms of infrastructure, all eyes are back on governments and how they propose to manage their spending, says Deloitte Middle East&#039;s GCC Powers of Construction Report.]]></description>
</item>
<item>
<title><![CDATA[Abu Dhabi&#039;s new financial zone to benefit Dubai, says executive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61806</link>
<description><![CDATA[UAE. Abu Dhabi&#039;s planned financial zone will complement Dubai, which should benefit from a deepening of financial markets in the UAE, said Mahmood Ebraheem al Mahmood, chief executive of ADS Holding.]]></description>
</item>
<item>
<title><![CDATA[Jaguar Land Rover opens US$ 1.5 million engineering test centre in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61796</link>
<description><![CDATA[UAE. Centre to conduct extreme hot weather research &amp; development; will also test the off-road driving capability of Land Rover&#039;s Terrain Response system.

]]></description>
</item>
<item>
<title><![CDATA[Egypt&#039;s Mubarak back in court for retrial]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61803</link>
<description><![CDATA[EGYPT. Former Egyptian president Hosni Mubarak was back in court on Saturday for a retrial on charges of complicity in the murder of protesters.]]></description>
</item>
<item>
<title><![CDATA[Prominent Egypt youth activist jailed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61802</link>
<description><![CDATA[EGYPT. Egypt&#039;s security forces detained the founder of one of the key youth movements behind the 2011 uprising that toppled the former regime upon his arrival at Cairo. ]]></description>
</item>
<item>
<title><![CDATA[The keys to surviving in a volatile Middle East real estate market]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61794</link>
<description><![CDATA[UAE. Booz &amp; Company examines the strong need for developers in the MENA region to learn from their past mistakes and build new core and differentiating capabilities - so as to ensure a successful and sustainable future in the real estate sector.]]></description>
</item>
<item>
<title><![CDATA[Growth in Africa must be driven by sustainable investment, not rising commodity prices, says report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61791</link>
<description><![CDATA[INTERNATIONAL. The Abraaj Group launches &quot;Engagement in Africa&quot; report at World Economic Forum, Cape Town; Private equity vital to the continued development and economic growth of Africa.]]></description>
</item>
<item>
<title><![CDATA[Gerhard Schubert: I am getting bored with permanent discussions over QE, as if gold solely depends on it - FAR FROM IT]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61790</link>
<description><![CDATA[UAE. Stock market rally largely fuelled by global currency debasement wars and the enormous amount of liquidity, stoked by Central Banks
]]></description>
</item>
<item>
<title><![CDATA[Saudi Arabia seeks stable crude prices, says Al-Naimi]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61787</link>
<description><![CDATA[SAUDI ARABIA. New supplies are welcome. They will add depth and, I hope, greater stability to world markets,&quot; Saudi Oil Minister Ali Al-Naimi said. 

]]></description>
</item>
<item>
<title><![CDATA[UAE&#039;s RAKBANK says no customers lost from cyber fraud]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61788</link>
<description><![CDATA[UAE. A global cyber crime ring stole US$45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries.]]></description>
</item>
<item>
<title><![CDATA[IFC-backed report aims to increase access to finance for women-owned businesses]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61786</link>
<description><![CDATA[UAE. Women business owners in the Middle East and North Africa have a strong appetite for expansion and are poised to contribute economic growth but require greater access to capital.]]></description>
</item>
<item>
<title><![CDATA[Hezbollah says Syria will supply &#039;game-changing&#039; weapons]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61784</link>
<description><![CDATA[LEBANON. Hassan Nasrallah said Syria has several options to respond to Israeli strikes, including sending sophisticated weapons to Hezbollah and opening the Golan Heights to action. ]]></description>
</item>
<item>
<title><![CDATA[Easing bias of global central banks, currencies and gold]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61783</link>
<description><![CDATA[INTERNATIONAL. The Bank of America tallied that the global central banks have cut rates 511 times since June 2007, and still have an easing bias as recovery is weak and inflation is low. Low real rates should help to support gold prices.]]></description>
</item>
<item>
<title><![CDATA[Qatar ratings  affirmed at &#039;AA/A-1+&#039; on strong fiscal and external balance sheets]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61782</link>
<description><![CDATA[QATAR. The Qatari government&#039;s strong net asset position balances the concentration risk related to the economy&#039;s reliance on oil and gas.
]]></description>
</item>
<item>
<title><![CDATA[Marketing academia meets practice at University of Strathclyde Business School]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61780</link>
<description><![CDATA[UAE. Academia has long delivered principles, models, and techniques that explain and guide marketing strategies beautifully... in theory, that is.]]></description>
</item>
<item>
<title><![CDATA[New Google study highlights potential of growing tech-savvy Gulf traveller]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61781</link>
<description><![CDATA[UAE. More and more KSA and UAE travellers using mobile and video for travel decisions; survey results indicate greater investment in online capabilities needed to develop opportunities and convert to bookings]]></description>
</item>
<item>
<title><![CDATA[Egypt ratings lowered to &#039;CCC+/C&#039; on continued pressure on foreign currency reserves ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61773</link>
<description><![CDATA[EGYPT. The likelihood of the Egyptian authorities meeting their fiscal targets, easing external pressures, and strengthening the social contract has deteriorated, says S&amp;P.]]></description>
</item>
<item>
<title><![CDATA[The AfDB boosts integrated development and governance in Tunisia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61778</link>
<description><![CDATA[TUNISIA. Agreements, amounting to 22.9 million euros, relating to the North Gafsa integrated development project (PDAI) and to the support and establishment of the e-government and open-government.]]></description>
</item>
<item>
<title><![CDATA[Egypt April inflation accelerates driven by rise in food prices]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61771</link>
<description><![CDATA[EGYPT. Egypt&#039;s inflation accelerated to 8.1%, pressuring the government as it seeks to conclude a US$4.8 billion IMF loan. 
]]></description>
</item>
<item>
<title><![CDATA[Assets invested globally in ETFs and ETPs rise to new all-time high of US$2.13 trillion, says ETFGI report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61772</link>
<description><![CDATA[There are now 4,827 ETFs and ETPs, with 9,897 listings from 209 providers listed on 56 exchanges. ETF and ETP assets have increased by 9.1%.]]></description>
</item>
<item>
<title><![CDATA[Rate of diabetes expected to double by 2013 as Middle East urged to adopt healthy lifestyles]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61775</link>
<description><![CDATA[UAE. Experts converge to combat diabetes and cardiovascular diseases at International Cardiology Symposium and Diabetes Forum-A Global Agenda (ICS-13).]]></description>
</item>
<item>
<title><![CDATA[Regional airlines set for aggressive growth into the next decade]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61761</link>
<description><![CDATA[UAE. Ernst &amp; Young aviation industry forecast reveals while consolidation is creating a new breed of mega carrier, aggressive sector growth in the Middle East is capturing demand from rising middle class.]]></description>
</item>
<item>
<title><![CDATA[UAE maintains insurance market hub status, despite economic slowdown, says A.M. Best report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61769</link>
<description><![CDATA[UAE. Insurers are forecasted to see strong continued growth in 2013, despite a projection that the UAE&#039;s economy will expand at a slower pace.]]></description>
</item>
<item>
<title><![CDATA[Can Wikipedia predict the stock market?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61766</link>
<description><![CDATA[INTERNATIONAL. Researchers led Warwick Business School&#039;s Dr Suzy Moat found that changes in how often financially related pages were viewed on Wikipedia could have been linked to subsequent movements of the DJIA.]]></description>
</item>
<item>
<title><![CDATA[Commentary: Germany under pressure to create money  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61767</link>
<description><![CDATA[INTERNATIONAL. Although we may all be very glad that the Germans of 70 years ago could not hold the line in Normandy, we may regret that their grandchildren could not resist similar international pressure on their monetary empire in Frankfurt. 
]]></description>
</item>
<item>
<title><![CDATA[Geopolitical Analysis: For American foreign policy, no good options]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61768</link>
<description><![CDATA[INTERNATIONAL. The answer may be exactly what Obama is doing now in Syria: modestly assisting some of the rebel groups, but essentially avoiding the level of involvement that would make him henceforth responsible for events on the ground.]]></description>
</item>
<item>
<title><![CDATA[QNB tops the World&#039;s Strongest Banks on Bloomberg&#039;s Markets&#039; list]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61762</link>
<description><![CDATA[QATAR. The 2012 ranking included 78 banks worldwide, with QNB being the only bank in the MENA Region. ]]></description>
</item>
<item>
<title><![CDATA[J.P. Morgan currency outlook: The two sides of USD diversification]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61760</link>
<description><![CDATA[UAE. Sara Yates, Global Currency Strategist at J.P. Morgan Private Bank, provides a macroeconomic overview, highlights what she believes are good carry currencies and summarises the case for Asian currency in the year ahead.

]]></description>
</item>
<item>
<title><![CDATA[Dubai Group agrees US$6 billion debt deal with bank committees]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61756</link>
<description><![CDATA[UAE. Emirate&#039;s latest step toward recovering from the 2009 debt crisis;  Economic growth in Dubai is picking up amid a pick up in tourism, real estate and trade.
]]></description>
</item>
<item>
<title><![CDATA[Central banks trimming returns through easy money policies, says PIMCO&#039;s Bill Gross]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61759</link>
<description><![CDATA[INTERNATIONAL. While monetary stimulus may be helping now to &quot;refloat global economies and generate a semblance of old normal real growth,&quot; central bankers are doing so by &quot;surreptitiously&quot; trimming the value of assets.
]]></description>
</item>
<item>
<title><![CDATA[Gold is struggling against rising interest in equities]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61758</link>
<description><![CDATA[INTERNATIONAL. Gold still has a place in investors&#039; portfolios as a hedge against the consequences of the on-going global quantitative easing.]]></description>
</item>
<item>
<title><![CDATA[Diversification remains key and common objective for Middle Eastern SWFs, says KPMG report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61755</link>
<description><![CDATA[UAE. Report provides insight into the recent trends and developments in SWF investment strategies specifically in the UAE, Qatar and Kuwait. It also looks at the evolution of SWFs in the Middle East as the region looks to reduce its dependence on energy resources. 

]]></description>
</item>
<item>
<title><![CDATA[MENA business confidence climbs bucking global trend, says YPO ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61743</link>
<description><![CDATA[BAHRAIN. The YPO Global Pulse Confidence Index for the Middle East and North Africa region advanced marginally by 1.9 points to 60.3 in Q1 2013.]]></description>
</item>
<item>
<title><![CDATA[Geopolitical Analysis: Nostalgia for NATO]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61748</link>
<description><![CDATA[INTERNATIONAL. I don&#039;t know that NATO can exist without a Cold War. Probably not. What is gone is gone. But I know my nostalgia for Europe is not just for my youth; it is for a time when Western civilization was united. I doubt we will see that again.]]></description>
</item>
<item>
<title><![CDATA[Mergers and acquisitions &#039;mountain climbers&#039; poised to outpace deal-making competition in 2013, reveals Bain &amp; Company study ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61753</link>
<description><![CDATA[UAE. &quot;Successful acquirers will be those that make external growth an integral part of their strategy agenda and pursue M&amp;A systematically,&quot; says Hadi Badri, Manager - Middle East.]]></description>
</item>
<item>
<title><![CDATA[UAE businesswomen say that they want to serve on boards]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61754</link>
<description><![CDATA[UAE. The main issue highlighted by many of the speakers and attendees at the 85Broads&#039; Global Forum in Dubai, is the lack of guidance and preparedness to enable women to hold such a position.]]></description>
</item>
<item>
<title><![CDATA[Pharma and biotech industries headed toward an ara of reduced profit margins, says Frost &amp; Sullivan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61747</link>
<description><![CDATA[UAE. Competition from generics, pricing pressures, and decreasing healthcare spending ripples the market.]]></description>
</item>
<item>
<title><![CDATA[Corporate governance (Hawkamah) in a developing Middle East: More than window dressing]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61744</link>
<description><![CDATA[UAE. &quot;Some people still understand corporate governance as a window dressing; they would like to do it as fast as possible but that never works. It&#039;s a process, you have to embed it, anchor it in your culture.&quot;
]]></description>
</item>
<item>
<title><![CDATA[Britain should quit European Union, says former finance minister]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61745</link>
<description><![CDATA[INTERNATIONAL. Nigel Lawson says Britain would be better off outside a 27-nation bloc that has become a &quot;bureaucratic monstrosity.&quot;]]></description>
</item>
<item>
<title><![CDATA[Chaos proves superior to order, reveal KAUST research]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61742</link>
<description><![CDATA[SAUDI ARABIA. An international team of physicists, led by King Abdullah University of Science and Technology (KAUST), Saudi Arabia, has demonstrated that chaos can beat order - at least as far as light storage is concerned.]]></description>
</item>
<item>
<title><![CDATA[DAMAC to develop Championship Trump International Golf Course in Dubai]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=4&amp;t=1&amp;id=61728</link>
<description><![CDATA[UAE.  The 7,205-yard, par 71 course will be located just ten minutes from Sheikh Zayed Road.]]></description>
</item>
</channel>
</rss>
