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<rss version="2.0"><channel><title><![CDATA[Khaleej Times : Business News]]></title><link>http://www.khaleejtimes.com/</link><description><![CDATA[KhaleejTimes - Business News Feed]]></description><language>en-gb</language><copyright><![CDATA[Copyright 2012 Galadari Printing and Publishing LLC. ]]></copyright><item><title><![CDATA[Facebook seeks $5b in IPO]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February60.xml&amp;section=business</link><description><![CDATA[SAN FRANCISCO - Facebook, the social-networking website that in eight years changed the way the world communicates, filed to raise $5 billion in the largest Internet initial public offering on record.]]></description></item><item><title><![CDATA[DIB posts Dh1.01b net profit in 2011]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February59.xml&amp;section=business</link><description><![CDATA[DUBAI - Dubai Islamic Bank (DIB), the first and the largest Shariah-compliant bank in the UAE, said on Thursday that it recorded a 25 per cent rise in net profit in 2011 compared to the previous year.]]></description></item><item><title><![CDATA[Rics sees stability in the UAE property sector]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February54.xml&amp;section=business</link><description><![CDATA[DUBAI - Demand for commercial property in the UAE has stabilised with rental outlook showing an upward trend, findings of a survey reveal.]]></description></item><item><title><![CDATA[Mideast injects $180 billion into new energy projects]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February52.xml&amp;section=business</link><description><![CDATA[DUBAI - New power, water, and energy projects valued at $180 billion are underway or at the planning stages in the Middle East, as the UAE forges ahead with 20 projects worth $34.2 billion.]]></description></item><item><title><![CDATA[Family business issues]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February58.xml&amp;section=business</link><description><![CDATA[Family businesses account for most of the UAE economy, dominating the automotive, fashion, real estate and retail sectors. While changes due to globalization, politics and legislation all affect family-owned businesses in Dubai, the biggest challenges to such companies come from within.]]></description></item><item><title><![CDATA[Union Properties posts Dh1.57b loss]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February57.xml&amp;section=business</link><description><![CDATA[DUBAI - Union Properties w said on Thursday that its full-year net loss for 2011 widened as property values continued to drop in the emirate.]]></description></item><item><title><![CDATA[Ajman Bank 2011 profit up 75%]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February56.xml&amp;section=business</link><description><![CDATA[DUBAI - The Ajman Bank announced on Thursday a net profit of Dh7 million for 2011, a year-on-year increase of 75 per cent, compared to the Dh4 million profit reported in 2010. The Bank also witnessed strong growth in income from its core activities in 2011, with total income reaching Dh246.2 million compared to Dh194.4 million as at the end of 2010, an increase of 27 per cent.]]></description></item><item><title><![CDATA[DFM drops most in more than a month]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February55.xml&amp;section=business</link><description><![CDATA[CAIRO - Dubai's benchmark stock index fell the most in more than a month amid speculation this week's gain was overdone and after real-estate developer Union Properties said its full-year loss widened.]]></description></item><item><title><![CDATA[Design Days Dubai slated for March]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February53.xml&amp;section=business</link><description><![CDATA[DUBAI - Design Days Dubai, the Middle East and South Asia's first fair dedicated to collectible and limited edition design, will take place in Dubai next month.]]></description></item><item><title><![CDATA[Move to lower roaming rates to hit Gulf telcos: Moody's]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February51.xml&amp;section=business</link><description><![CDATA[DUBAI - The implementation of the required reduction in roaming rates for voice calls across Gulf Cooperation Council countries, in line with a decision take by GCC telecoms ministers in June 2011, will have a negative impact on all telecoms operators in the region, said Moody's Investors Service.]]></description></item><item><title><![CDATA[Facebook embarks on mega-IPO]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2012/February/business_February44.xml&amp;section=business</link><description><![CDATA[SAN FRANCISCO - Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control.]]></description></item></channel></rss>

