<?xml version="1.0" encoding="ISO-8859-1"?>
<?xml-stylesheet title="XSL_formatting" href="feedstyle.xsl" type="text/xsl"?>
<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 2010 Galadari Printing and Publishing LLC. ]]></copyright><item><title><![CDATA[Dubai records $29 billion gold trade in 2009]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March164.xml&amp;section=business</link><description><![CDATA[Dubai Multi Commodities Centre Authority announced that the total gold trade through Dubai stood at $29 billion in 2009, matching the value in 2008.]]></description></item><item><title><![CDATA[ADIB Opens New Branch at Dubai Mall]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March163.xml&amp;section=business</link><description><![CDATA[Abu Dhabi Islamic Bank (ADIB) inaugurated its new branch at The Dubai Mall on Sunday.]]></description></item><item><title><![CDATA[Saudi Shares Rise on Global Optimism]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March158.xml&amp;section=business</link><description><![CDATA[DUBAI - Saudi Arabian shares on Saturday rose, led by Saudi Basic Industries Corp, after smaller-than-expected US job losses boosted optimism for a global economic revival.]]></description></item><item><title><![CDATA[UAE's Non-oil Foreign Trade Shrinks 16% in 2009]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March156.xml&amp;section=business</link><description><![CDATA[ABU DHABI - The global financial crisis has shrunk the UAE's non-oil foreign trade by 16 per cent to Dh663 billion in 2009, down from Dh788.7 billion worth of trade recorded in the booming period of 2008.]]></description></item><item><title><![CDATA[Bank of Sharjah approves 12% Cash Dividends]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March162.xml&amp;section=business</link><description><![CDATA[SHARJAH - The Ordinary General Assembly of the Shareholders of Bank of Sharjah approves the proposal of the Board of Directors to distribute 12% cash dividend equivalent to Dh 240 Million and 5% Bonus issue equivalent to Dh 100 Million during its 36th annual meeting.]]></description></item><item><title><![CDATA[du broadcast services director makes his mark in Middle East]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March161.xml&amp;section=business</link><description><![CDATA[DUBAI - In recognition of the high calibre of human capital that makes up du's top-tier management, du's senior director of broadcast services, Mohamed Saeed Al Shahi, has been ranked number 18 in Digital Production Middle East's Digital Broadcast power list.]]></description></item><item><title><![CDATA[UAE's Dana Gas makes two new Egypt finds]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March160.xml&amp;section=business</link><description><![CDATA[Dana Gas said it had made two new gas discoveries in Egypt, finds that will further boost the United Arab Emirates-based producer's extensive holdings in the country.]]></description></item><item><title><![CDATA[Bahrain's GFH to set up $326 m Syrian unit]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March159.xml&amp;section=business</link><description><![CDATA[Bahrain's Gulf Finance House said it was close to setting up a $326 million unit in Syria as the Islamic investment bank looks to boost revenues in an untapped banking market.]]></description></item><item><title><![CDATA[Four US banks shut down, 26 failures this Year]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March157.xml&amp;section=business</link><description><![CDATA[SAN FRANCISCO - Regulators shut banks in Maryland, Illinois, Florida and Utah, pushing the number of US failures to 26 this year and placing more pressure on the Federal Deposit Insurance Corp. to dispose of a growing pile of toxic assets.]]></description></item><item><title><![CDATA[Saudi Power Plant Bidders Named]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March154.xml&amp;section=business</link><description><![CDATA[JEDDAH - The Saudi Electricity Co., or SEC, has named bidders for its Independent Power Project called Riyadh PP11.]]></description></item><item><title><![CDATA[Oman's Mobile Subscribers Up]]></title><link>http://www.khaleejtimes.com/darticlen.asp?xfile=data/business/2010/March/business_March155.xml&amp;section=business</link><description><![CDATA[MUSCAT - The number of cellular phone subscribers in Oman grew by more than 20 per cent last year, according to statistics released by the National Economy Ministry.]]></description></item></channel></rss>
