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<title>Economists predict high oil prices, inflation and lower dollar</title>
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<pubDate>Wed, 14 May 2008 10:42:39 +0400</pubDate>
<description><![CDATA[Standard Chartered Bank rolled out its economic research analysts this week at a presentation for clients held in the Burj Al Arab in Dubai. The message is that high oil prices are likely to persist along with high inflation in the region. Meanwhile, the US dollar will recover ground against the euro in the second half of 2008 but drop again to $1.75 by the end of 2009.]]></description>
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<title>Islamic hotels spread beyond Gulf</title>
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<pubDate>Tue, 06 May 2008 10:54:23 +0400</pubDate>
<description><![CDATA[Shariah-compliant hotels are mushrooming throughout the Middle East and elsewhere, boosted by an increase in the number of Arab tourists. The developers of these hotels believe these establishments will appeal to Muslims and non-Muslims alike as they provide a culturally unique and relaxing atmosphere for travellers.]]></description>
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<title>How to make money in the Middle East</title>
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<pubDate>Tue, 06 May 2008 09:20:25 +0400</pubDate>
<description><![CDATA[The Arabian Peninsula may be known for its arid deserts, but it&#039;s also home to a fertile oasis of economic growth. The six GCC countries channel their oil wealth into homeland economies and mammoth infrastructure projects. Grabbing a piece of regional trends in banking, construction and telecommunications could give your portfolio a boost.]]></description>
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<title>American tourists turn to Gulf hotels</title>
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<pubDate>Mon, 05 May 2008 10:22:50 +0400</pubDate>
<description><![CDATA[Despite the credit crisis and the decline of the US dollar, a significant number of Americans are still planning overseas holidays. Perhaps more surprisingly, many of these travellers are eyeing a previously unlikely destination for the US market - the Middle East.]]></description>
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<title>Oil prices propel GCC inflation surges</title>
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<pubDate>Tue, 29 Apr 2008 09:24:40 +0400</pubDate>
<description><![CDATA[Higher oil revenues in the Middle East these days come with a hidden cost: higher inflation. Saudi Arabia has just announced that its inflation surged to 9.6% in March, still lower than the inflation levels in Qatar and the UAE, but very challenging for an economy where lower income earning groups are hard hit by the increasing cost of food.]]></description>
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