<?xml version="1.0" encoding="iso-8859-1" ?>
<?xml-stylesheet title="XSL_formatting" href="http://www.memrieconomicblog.org/rss/rssnews.xsl" type="text/xsl" media="screen"?>
<!--
This is 512 bytes of nonsense, since the Firefox 2 developers, in one of the strangest decisions ever, decided 
they would obsolete XML styles by overriding them without permission.  Furthermore, the developers appear 
to be disinterested in fixing this.  Therefore, we use the unofficial workaround, which includes filling 
up the first 512 bytes of a document so that the sniffer doesn't encounter the RSS tag.  I really enjoy
using Firefox, but this particular behavior really annoys me! Anyway, since I'm almost at 512 characters, I'm 
going to ramble on for another minute in this comment, and then, without further adue, present you with a 
valid XML feed.  
-->
<rss version="2.0" xmlns:his="http://www.memrieconomicblog.org"  xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:content="http://purl.org/rss/1.0/modules/content/">
<channel>
<title>The Memri Economic Blog</title>
<description>
<![CDATA[Highlights /News of The Day]]>
</description>
<link><![CDATA[http://memrieconomicblog.org/]]></link>
<language>en-us</language>

<item>
<title><![CDATA[Iran: No Decision Yet on Reducing Oil Production]]></title>
<link><![CDATA[/bin/content.cgi?news=2206]]></link>
<description>
<![CDATA[     Iran's Oil Minister Gholam-Hossein Nozari denied media reports that his country is planning to reduce its oil production.  &quot;Such an issue was actually raised but no decision was made on the matter,&quot; the minister said.  A source who spoke to Fars News Agency on the condition of...]]>
<br />
<![CDATA[Tue, 13 May 2008 13:05:34]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2206]]></guid>
</item>

<item>
<title><![CDATA[Korean Nuclear Advice for UAE]]></title>
<link><![CDATA[/bin/content.cgi?news=2205]]></link>
<description>
<![CDATA[ The UAE is seeking South Korean nuclear technology to develop its nuclear power projects, a senior official said on Monday.  A delegation from the UAE visited Seoul last week, including representatives of the Dubai Electricity and Water Authority (Dewa), and Abu Dhabi Water and Electricity...]]>
<br />
<![CDATA[Tue, 13 May 2008 13:00:19]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2205]]></guid>
</item>

<item>
<title><![CDATA[Environment: Iraq Will Lose 40% of Agricultural Land Due to Declining River Levels]]></title>
<link><![CDATA[/bin/content.cgi?news=2204]]></link>
<description>
<![CDATA[         Source: www.islamonline.net    Iraqi MP Jamal Abdul-Mahdi al-Batteekh, a member of the Irrigation and Agriculture Committee, warned that Iraq would lose 40% of its agricultural land, estimated at 696,000 hectares, if the Tigris and Euphrates water levels continue to decline, because of...]]>
<br />
<![CDATA[Tue, 13 May 2008 12:54:38]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2204]]></guid>
</item>

<item>
<title><![CDATA[Iran: Unemployment Rate Among Youth Exceeds 25%]]></title>
<link><![CDATA[/bin/content.cgi?news=2203]]></link>
<description>
<![CDATA[            Prices rose 3.1 percent in the Iranian month to April 19    The head of Iran's Statistics Center, Mohammad Madad, said that the unemployment rate among young people between the age of 15 and 24 is currently at 25.6%. Madad, whose statement was provided by Mehr News Agency added that...]]>
<br />
<![CDATA[Tue, 13 May 2008 12:36:29]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2203]]></guid>
</item>

<item>
<title><![CDATA[Abu Dhabi to Invest $25 Billion in Gas Installations]]></title>
<link><![CDATA[/bin/content.cgi?news=2202]]></link>
<description>
<![CDATA[     Source: www.allpipeworkandwelding.co.uk  Abu Dhabi Gas Industries (GASCO) said it is investing about $25 billion in gas-processing plants and pipelines as it develops new fields to meet growing demand.  Two major gas-processing plants are currently being built as well as around 10 new onshore...]]>
<br />
<![CDATA[Tue, 13 May 2008 12:25:55]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2202]]></guid>
</item>

<item>
<title><![CDATA[Bahrain BATELCO Moves Away from Middle East Acquisitions]]></title>
<link><![CDATA[/bin/content.cgi?news=2201]]></link>
<description>
<![CDATA[     Source: www.bahraingateway.org  Bahrain Telecommunications Company (BATELCO) said it is shifting its focus away from the Middle East-- where assets are overpriced-- to Africa, India, Asia and the Pacific region, especially Malaysia and Indonesia, as part of a $4 billion acquisition effort.  In...]]>
<br />
<![CDATA[Tue, 13 May 2008 12:20:35]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2201]]></guid>
</item>

<item>
<title><![CDATA[Kuwait National Petroleum Awards $2 Billion Contract to South Korea's SK Engineering]]></title>
<link><![CDATA[/bin/content.cgi?news=2200]]></link>
<description>
<![CDATA[     Source: www.summitreports.com  Kuwait National Petroleum Company has awarded a $2.06 billion contract to construct an oil refinery plant to South Korea's SK Engineering and Construction Company, the South Korean company said on Monday.  The construction is part of an $8.3 billion project to...]]>
<br />
<![CDATA[Tue, 13 May 2008 12:14:51]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2200]]></guid>
</item>

<item>
<title><![CDATA[Kuwait Expects to Reach 3 Million b/d in Oil Capacity]]></title>
<link><![CDATA[/bin/content.cgi?news=2199]]></link>
<description>
<![CDATA[     Source: www.abc.net.au  Kuwait will raise its oil production capacity to 3 million barrels per day within a year, Kuwait news agency KUNA said, quoting a top official.  Sami al-Rushaid, managing director of state-run Kuwait Oil Company (KOC), said that by 2020, Kuwait plans to boost output to...]]>
<br />
<![CDATA[Tue, 13 May 2008 11:55:22]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2199]]></guid>
</item>

<item>
<title><![CDATA[UAE Rice Merchants Demand a 25% Rice Subsidy]]></title>
<link><![CDATA[/bin/content.cgi?news=2198]]></link>
<description>
<![CDATA[   Rice importers in the UAE are demanding at least a 25% subsidy for rice as international prices continue to rise and stocks come under pressure.  The UAE Ministry of Economy tries to curb inflation and seeks-- in part through signing agreements with supermarket chains-- to install the retail...]]>
<br />
<![CDATA[Tue, 13 May 2008 11:48:00]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2198]]></guid>
</item>

<item>
<title><![CDATA[Report: $2 Billion in Additional Iranian Oil Import]]></title>
<link><![CDATA[/bin/content.cgi?news=2197]]></link>
<description>
<![CDATA[   The Iranian Internet website Alf, which is identified with the conservative member of the Majlis (Iranian parliament) Ahmed Tawakol, who is a member of the parliament's energy committee, reported that Iranian oil minister Gholam-Hossein Nozari, revealed to the committee members that...]]>
<br />
<![CDATA[Tue, 13 May 2008 11:37:09]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2197]]></guid>
</item>

<item>
<title><![CDATA["Forbidden Trade" Continues Between Iran, Gulf Countries]]></title>
<link><![CDATA[/bin/content.cgi?news=2196]]></link>
<description>
<![CDATA[   Source: al-Sharq al-Awsat  [In early March, we reported on the illicit smuggling activities conducted by Iranian Revolutionary Guards Corp that take place in the port of Khasab in Oman. To read that item in full, click . Now, the nature of what appears to be a vast smuggling operation across the...]]>
<br />
<![CDATA[Tue, 13 May 2008 09:56:54]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2196]]></guid>
</item>

<item>
<title><![CDATA[Egypt Suspends Banking and Financial Transactions with Iran]]></title>
<link><![CDATA[/bin/content.cgi?news=2195]]></link>
<description>
<![CDATA[ In reaction to the events in Lebanon, the Central Bank of Egypt has issued a secret directive to the Egyptian and foreign banks operating in Egypt, asking them to report immediately to the Central Bank any banking or financial transaction with an Iranian bank.  The central bank identified two key...]]>
<br />
<![CDATA[Tue, 13 May 2008 07:09:58]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2195]]></guid>
</item>

<item>
<title><![CDATA[IMF: Gulf Economies to Exceed $1 Trillion by Yearend]]></title>
<link><![CDATA[/bin/content.cgi?news=2194]]></link>
<description>
<![CDATA[ A report by the International Monetary Fund indicates that, for the first time, the total GDP of the six members of the Gulf Cooperation Council will exceed $1 trillion. It said the Gulf countries account for 50% of the GDP for the Middle East and North Africa (MENA). MENA's GDP will reach...]]>
<br />
<![CDATA[Tue, 13 May 2008 07:08:37]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2194]]></guid>
</item>

<item>
<title><![CDATA[Syria Complains About Mistreatment of Syrian Workers in Lebanon]]></title>
<link><![CDATA[/bin/content.cgi?news=2193]]></link>
<description>
<![CDATA[ [After stirring troubles in Lebanon and being accused of masterminding a number of political assassinations, including that of former Prime Minister Rafiq al-Hariri,] Syria is complaining bitterly about what it described in a dramatic fashion as attacks by &quot;the government militias&quot; on...]]>
<br />
<![CDATA[Tue, 13 May 2008 07:07:08]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2193]]></guid>
</item>

<item>
<title><![CDATA[Iraq's PM Unveils Economic Program]]></title>
<link><![CDATA[/bin/content.cgi?news=2192]]></link>
<description>
<![CDATA[ In a speech to Parliament, Prime Minister Nouri al-Maliki said Iraq is entering a new era of construction and development as well as political understandings among the various political groups. He asked Parliament to authorize $5 billion for strategic projects, indicating the government policy to...]]>
<br />
<![CDATA[Tue, 13 May 2008 07:04:13]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2192]]></guid>
</item>

<item>
<title><![CDATA[Qatar's Finance Minister: GCC Countries Would Not Unpeg from Dollar]]></title>
<link><![CDATA[/bin/content.cgi?news=2191]]></link>
<description>
<![CDATA[ Qatar's minister of finance, Yusuf Hussein Kamal, said members of the GCC are committed to keeping their dollar peg through 2010 when they plan to issue a new common currency.  al-Sharq, Qatar, May 12, 2008]]>
<br />
<![CDATA[Tue, 13 May 2008 07:02:06]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2191]]></guid>
</item>

<item>
<title><![CDATA[Saudi Investors Build Cement Plant in Jordan]]></title>
<link><![CDATA[/bin/content.cgi?news=2189]]></link>
<description>
<![CDATA[ The Northern Cement Company in Saudi Arabia laid the foundation for a new cement plant at a cost of 250 million riyals [approximately $67.12 million].  The plant will have a production capacity of 1 million tons annually. A German company, Christian Pfeifer, will provide the equipment and a...]]>
<br />
<![CDATA[Tue, 13 May 2008 07:16:22]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-13]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2189]]></guid>
</item>

<item>
<title><![CDATA[Shell Withdraws from Iran Gas Deal]]></title>
<link><![CDATA[/bin/content.cgi?news=2188]]></link>
<description>
<![CDATA[     Royal Dutch Shell has withdrawn from a planned gas project in Iran, after it faced pressure not to participate from US lawmakers, who were concerned about Iran's nuclear program.  A company spokeswoman said that Shell was pulling out of Phase 13 of the giant South Pars gas field but may join...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:46:59]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2188]]></guid>
</item>

<item>
<title><![CDATA[Iran Offers to Supply Labor]]></title>
<link><![CDATA[/bin/content.cgi?news=2187]]></link>
<description>
<![CDATA[ A senior official in the Iranian ministry of labor and social affairs announced that negotiations are on-going with Sweden, Qatar, Norway and Denmark to export Iranian labor in search of employment opportunities. He said some [unidentified] countries have asked for Iranian medical personnel while...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:45:49]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2187]]></guid>
</item>

<item>
<title><![CDATA[Iran Storing 28 Million Barrels of Oil on Ships]]></title>
<link><![CDATA[/bin/content.cgi?news=2186]]></link>
<description>
<![CDATA[ Iran has marshaled a fleet of supertankers to store up to 28 million barrels of crude oil in the Gulf close to its main Kharg Island crude export terminal.  Ship industry sources who deal with Gulf shipments said Iran was using nine of its own National Iranian Tanker Company (NITC)-owned Very...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:44:17]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2186]]></guid>
</item>

<item>
<title><![CDATA[SABB Eyes $390 Billion Project Finance Market]]></title>
<link><![CDATA[/bin/content.cgi?news=2185]]></link>
<description>
<![CDATA[   Saudi British Bank, or SABB, a 40% owned affiliate of HSBC Holdings, plans to increase lending to finance infrastructure projects in the Kingdom.  The bank, Saudi's fourth-largest lender by assets, raised its capital by 60% to 6 billion riyals ($1.59 billion) from 3.75 billion riyals as it...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:43:49]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2185]]></guid>
</item>

<item>
<title><![CDATA[Middle East 'Virtual' Mobile Business Worth $5 Billion]]></title>
<link><![CDATA[/bin/content.cgi?news=2184]]></link>
<description>
<![CDATA[ The Middle East could witness a virtual revolution worth $5 billion, which due to increased competition, could bring down the cost of making mobile phone calls throughout the region, according to industry experts.  Mobile Virtual Network Operators (MVNOs), which provide mobile services to their...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:42:46]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2184]]></guid>
</item>

<item>
<title><![CDATA[Germany: Sovereign Wealth Funds Welcome]]></title>
<link><![CDATA[/bin/content.cgi?news=2183]]></link>
<description>
<![CDATA[ German Finance Minister Peer Steinbrueck said that SWFs are welcome in Germany on Friday, ahead of a visit to the Gulf where he is expected to meet such investors. Weekly magazine Der Spiegel reported last month that Steinbrueck is planning to meet the managing director of the Kuwait Investment...]]>
<br />
<![CDATA[Mon, 12 May 2008 13:41:56]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2183]]></guid>
</item>

<item>
<title><![CDATA[France Ready to Accept 9,000 Tunisian Workers a Year]]></title>
<link><![CDATA[/bin/content.cgi?news=2181]]></link>
<description>
<![CDATA[ France is ready to accept 9,000 Tunisian workers every year as part of a migration agreement, the French Ambassador in Tunisia said.  The move aims to attract an experienced Tunisian workforce and help it acquire professional experience beneficial to the two countries, the ambassador said, adding...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:34:36]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2181]]></guid>
</item>

<item>
<title><![CDATA[Morocco: First Quarter Unemployment Drops to 9.6%]]></title>
<link><![CDATA[/bin/content.cgi?news=2180]]></link>
<description>
<![CDATA[     Morocco - Striking Textile Workers. Source: www.socialistworker.co.uk  Morocco's unemployment rate fell to 9.6% in the first quarter of this year from 10.1% in the same period last year as services and construction provided more jobs, official data showed.  The total number of unemployed stood...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:31:20]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2180]]></guid>
</item>

<item>
<title><![CDATA[UAE: Abu Dhabi EIIC to Invest $490 Million in Cable Plants]]></title>
<link><![CDATA[/bin/content.cgi?news=2179]]></link>
<description>
<![CDATA[     Source: www.cubic-art.com  Emirates International Investment Company (EIIC) said it plans to invest 1.8 billion dirhams ($490.1 million) to construct new cable plants and boost production at an existing manufacturing plant ($1 = 3.673 dirham).  EIIC plans to build factories in Saudi Arabia,...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:26:34]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2179]]></guid>
</item>

<item>
<title><![CDATA[Algeria Plans Power Export to Spain Via Morocco]]></title>
<link><![CDATA[/bin/content.cgi?news=2178]]></link>
<description>
<![CDATA[     Algeria State Commercial and Industrial Power utility Sonelgaz plans to export electricity to Spain by building a power grid link through Morocco, the company's chief executive said on Saturday.  The official said Morocco is currently in the process of finalizing a 400 kilowatt line,...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:16:02]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2178]]></guid>
</item>

<item>
<title><![CDATA[Arab Gulf Investors Mull Over Linking Asia and Africa Through Two Shores of Red Sea]]></title>
<link><![CDATA[/bin/content.cgi?news=2177]]></link>
<description>
<![CDATA[       Source: www.yemenna.com    Specialized reports have noticed a remarkable growth in Gulf investments in Africa, at a time of increasing new hopes to revive the linkage between the Arabian Peninsula and the African continent. Such a bridge will not enhance real estate and tourism but it could...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:10:11]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2177]]></guid>
</item>

<item>
<title><![CDATA[Iraq: South Korean Grant for Establishment of Medical Research Centers]]></title>
<link><![CDATA[/bin/content.cgi?news=2176]]></link>
<description>
<![CDATA[       Source: www.klinikaclt.cz     The Iraqi Ministry of Higher Education and Scientific Research announced that it has received a South Korean grant that includes the establishment of three medical research centers at the Universities of Baghdad and al-Mustansiriya, a laser treatment and...]]>
<br />
<![CDATA[Mon, 12 May 2008 11:49:52]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2176]]></guid>
</item>

<item>
<title><![CDATA[Egypt: Economists Call for Establishing Price Monitoring Authority]]></title>
<link><![CDATA[/bin/content.cgi?news=2175]]></link>
<description>
<![CDATA[       From the recent uprising over rising bread prices in Egypt. Source: www.cnn.com    Dr. Sabri al-Shebrawi, a Professor of Economics at the American University in Cairo called for a comprehensive restructuring of the Egyptian economy, suggesting that economic management is directed against the...]]>
<br />
<![CDATA[Mon, 12 May 2008 11:33:53]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2175]]></guid>
</item>

<item>
<title><![CDATA[Iran's Reserves in Foreign Banks Hit $81 Billion]]></title>
<link><![CDATA[/bin/content.cgi?news=2174]]></link>
<description>
<![CDATA[ Iranian reserves in foreign banks reached over $81 billion in mid-February 2008, a 36.4% increase compared to the same period in 2007, Iran's central bank said in a report.  The government's debts to the central bank from the beginning of the previous Iranian calendar year (March 21,...]]>
<br />
<![CDATA[Mon, 12 May 2008 11:19:35]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2174]]></guid>
</item>

<item>
<title><![CDATA[Algeria: $13.5 Billion Worth of FDI in 2001-2007]]></title>
<link><![CDATA[/bin/content.cgi?news=2173]]></link>
<description>
<![CDATA[     Algeria had received 866 billion dinars ($13.53 billion) in foreign direct investment (FDI) for the 2001-2007 period, 60% of which came from Arab countries, the Industry and Investment Minister said.  The value of Arab investments during the above-mentioned period reached 524 billion dinars...]]>
<br />
<![CDATA[Mon, 12 May 2008 11:16:28]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2173]]></guid>
</item>

<item>
<title><![CDATA[Syrian Minister Explains Reasons Behind US Sanctions]]></title>
<link><![CDATA[/bin/content.cgi?news=2171]]></link>
<description>
<![CDATA[   Source: www. sadasoria.com  Writing in the Syrian government official electronic daily Champress, Dr. Bathina Sha'ban, the Syrian minister of propaganda [politely referred to as minister of information] highlights many of the failings of the American democracy. At the center of her...]]>
<br />
<![CDATA[Mon, 12 May 2008 12:13:13]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2171]]></guid>
</item>

<item>
<title><![CDATA[Iran Tells China: Long-Term Supply of Energy Conditional on Strategic Cooperation]]></title>
<link><![CDATA[/bin/content.cgi?news=2170]]></link>
<description>
<![CDATA[ The president of Iran's chamber of commerce, Muhammad Nahavendian, told the assistant to the Mayor of Shanghai that the long-term of energy supply to China by Iran would be conditional on China maintaining long-term strategic cooperation with Iran. He said that the geographic location of...]]>
<br />
<![CDATA[Mon, 12 May 2008 07:30:24]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2170]]></guid>
</item>

<item>
<title><![CDATA[Russians Market Real Estate to Gulf Investors]]></title>
<link><![CDATA[/bin/content.cgi?news=2169]]></link>
<description>
<![CDATA[ It is expected that Russian investors will enter the Gulf in force not only as investors but also as marketers of Russian real estate worth billions of dollars to Gulf investors.  The fast growing Russian real estate market is attracting an increasing number of foreign investors including...]]>
<br />
<![CDATA[Mon, 12 May 2008 07:29:30]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2169]]></guid>
</item>

<item>
<title><![CDATA[Middle East Controls 40% of Global Gas Reserves]]></title>
<link><![CDATA[/bin/content.cgi?news=2168]]></link>
<description>
<![CDATA[ According to the most recently weekly report on energy, Russia and the Middle East are the richest areas in the world in terms of natural gas reserves as they jointly control two-thirds of the global reserves. At the same time, the quantity of confirmed natural gas reserves has been on the rise...]]>
<br />
<![CDATA[Mon, 12 May 2008 07:22:25]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2168]]></guid>
</item>

<item>
<title><![CDATA[Syria: Salaries Don't Meet Needs of Most Public Sector Employees]]></title>
<link><![CDATA[/bin/content.cgi?news=2167]]></link>
<description>
<![CDATA[ The recent lifting of subsidies on oil derivatives in Syria has cast its shadow over various aspects of public life, as the &quot;Syrian street&quot; was confronted the &quot;the painful shock.&quot; During the weekend before last, the Syrian government raised the price of diesel more than...]]>
<br />
<![CDATA[Mon, 12 May 2008 07:15:20]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-12]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2167]]></guid>
</item>

<item>
<title><![CDATA[Abu Dhabi Commercial Bank Buys a Stake in A Malaysian Lender for $1.23 Billion]]></title>
<link><![CDATA[/bin/content.cgi?news=2165]]></link>
<description>
<![CDATA[       Abu Dhabi Commercial Bank (ADCB) bought 25% stake of Malaysia's fourth-largest lender, RHB Capital, for $1.23 billion. ADCB said RHB Capital is in a situation that permits ADCB to achieve rapid earnings growth.  ADCB, Abu Dhabi's third-largest lender by market value, first revealed the...]]>
<br />
<![CDATA[Sat, 10 May 2008 05:18:00]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-10]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2165]]></guid>
</item>

<item>
<title><![CDATA[Turkey and Iran Consider Barter Agreement for Staple Foods]]></title>
<link><![CDATA[/bin/content.cgi?news=2164]]></link>
<description>
<![CDATA[   The global food crisis has led Iran to request 2 million tons of wheat from Turkey, worth $1 billion, while the latter is considering an exchange of the grain for lentils, chickpeas or rice.  Turkish Foreign Trade Minister Kürşad Tüzmen, who is visiting Iran with a delegation of...]]>
<br />
<![CDATA[Sat, 10 May 2008 05:12:47]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-10]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2164]]></guid>
</item>

<item>
<title><![CDATA[Russia Will Join Economic Sanctions on Iran]]></title>
<link><![CDATA[/bin/content.cgi?news=2163]]></link>
<description>
<![CDATA[   Russia will join the countries imposing economic sanctions against Iran, Interfax News Agency quoted a decree issued by the new Russian President, Dmitry Medvedev.  It was unclear from the report which sanctions Russia will join.  A Kremlin spokesman refused to comment.  Elaph, London, May 8,...]]>
<br />
<![CDATA[Fri, 09 May 2008 07:54:52]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2163]]></guid>
</item>

<item>
<title><![CDATA[al-Sharq al-Awsat Reviews Israeli Economy]]></title>
<link><![CDATA[/bin/content.cgi?news=2162]]></link>
<description>
<![CDATA[   Israeli Technology For Solar Power Production - Source: www.thinksolarenergy.net  &quot;It is a small state with a population of 7 million and does not have significant natural resources, surrounded by hostile countries but despite all this Israel has been able to build an economy that has...]]>
<br />
<![CDATA[Fri, 09 May 2008 10:20:50]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2162]]></guid>
</item>

<item>
<title><![CDATA[New Chinese Refinery to Receive Saudi Crude]]></title>
<link><![CDATA[/bin/content.cgi?news=2161]]></link>
<description>
<![CDATA[ The new refinery completed by Sinopec, with a 200,000 b/c capacity, will receive its first shipment of Saudi crude by mid-May. The refinery, located in Eastern China, will process medium and heavy Arab oil.  al-Sharq al-Awsat, May 9, 2008]]>
<br />
<![CDATA[Fri, 09 May 2008 07:36:12]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2161]]></guid>
</item>

<item>
<title><![CDATA[Large Number of Fictitious Positions in Iraq's Two Major Ministries]]></title>
<link><![CDATA[/bin/content.cgi?news=2160]]></link>
<description>
<![CDATA[ A member of the Security and Defense Committee in the Iraqi parliament announced that 66,000 fictitious positions were discovered in the ministries of defense and the interior. Of these, 50,000 positions are listed in a program in the ministry of interior for the protection of public institutions,...]]>
<br />
<![CDATA[Fri, 09 May 2008 07:34:43]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2160]]></guid>
</item>

<item>
<title><![CDATA[Egypt: April Inflation Surges to 3-Year Peak on Food Price Increase]]></title>
<link><![CDATA[/bin/content.cgi?news=2159]]></link>
<description>
<![CDATA[     Urban inflation in Egypt surged to 16.4% year-on-year in April, from 14.4% in March, registering a three-year peak, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.  The main factor for the surging inflation was due to the rising foodstuff prices, which rose 22% in the...]]>
<br />
<![CDATA[Fri, 09 May 2008 07:31:06]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2159]]></guid>
</item>

<item>
<title><![CDATA[Egypt Aims to Increase Reserves to $38 Billion by June 2009]]></title>
<link><![CDATA[/bin/content.cgi?news=2158]]></link>
<description>
<![CDATA[     Source: news.egypt.com  Egypt aims to increase its foreign currency reserves to around $38 billion by the end of June 2009, the Middle East News Agency said, quoting State Minister for Economic Development Othman Mohamed Othman.  Foreign reserves stood at $33.81 billion at the end of April,...]]>
<br />
<![CDATA[Fri, 09 May 2008 07:18:24]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2158]]></guid>
</item>

<item>
<title><![CDATA[Libya: Qaddafi Tells Government to Distribute Oil Revenues to People]]></title>
<link><![CDATA[/bin/content.cgi?news=2156]]></link>
<description>
<![CDATA[     Source: www.worldproutassembly.org  The Libyan leader Muammar al-Qaddafi accused the &quot;corrupt&quot; government of failing to manage the country's oil wealth and ordered it to hand out oil revenues directly to the country's 5 million people.  In March, Qaddafi had ordered the...]]>
<br />
<![CDATA[Fri, 09 May 2008 06:41:19]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2156]]></guid>
</item>

<item>
<title><![CDATA[Iran: India's MRPL Set to Sell 250,000 Tons of Diesel to the Islamic Country]]></title>
<link><![CDATA[/bin/content.cgi?news=2155]]></link>
<description>
<![CDATA[     India's [government-owned Mangalore Refineries and Petrochemicals] MRPL will soon conclude a deal to sell 250,000 tons of Diesel to Iran over the next eight months, to fill [the void left by the privately-owned competitor] Reliance Industries (RI) as a major supplier to the OPEC member.  Last...]]>
<br />
<![CDATA[Fri, 09 May 2008 06:26:20]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2155]]></guid>
</item>

<item>
<title><![CDATA[Report: Kuwait Investment Authority Mulls Over Increasing Investments in China]]></title>
<link><![CDATA[/bin/content.cgi?news=2154]]></link>
<description>
<![CDATA[     Kuwait Investment Authority (KIA) [a sovereign wealth fund], which manages the country's assets from oil revenues, is considering new investments in China, al-A'alam al-Yawm newspaper said.  KIA plans to discuss major investment deals in China and sees many attractive investment...]]>
<br />
<![CDATA[Fri, 09 May 2008 06:18:27]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2154]]></guid>
</item>

<item>
<title><![CDATA[Report: Qatar in Investment Talks with South Africa]]></title>
<link><![CDATA[/bin/content.cgi?news=2153]]></link>
<description>
<![CDATA[     Qatar Investment Authority (QIA) [Sovereign Wealth Fund (SWF)], is conducting talks to invest in South Africa, Qatar's Gulf Times reported, citing South Africa's Trade Minister.  South Africa will invite QIA to invest in industries, among them telecommunications, finance and infrastructure,...]]>
<br />
<![CDATA[Fri, 09 May 2008 06:11:19]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2153]]></guid>
</item>

<item>
<title><![CDATA[Syria Expects Low Wheat Production and May Resort to Reserves]]></title>
<link><![CDATA[/bin/content.cgi?news=2152]]></link>
<description>
<![CDATA[     Source: cropwatch.unl.edu  Bad weather in Syria, which is worse than expected, will decrease the country's wheat production to its lowest level in nine years and the government might resort to the strategic reserve to help meet domestic needs, a senior Agriculture Ministry official said....]]>
<br />
<![CDATA[Fri, 09 May 2008 06:06:58]]>
</description>
<author></author>
<pubDate><![CDATA[2008-05-09]]></pubDate>
<guid><![CDATA[/bin/content.cgi?news=2152]]></guid>
</item>

</channel>
</rss>