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	<title>DubaiBIZZ.net &#187; BUSINESS</title>
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	<link>http://dubaibizz.net</link>
	<description>&#124; DUBAI &#124; Business &#124; Finance &#124; News &#124; Opportunity &#124; Technology &#124;</description>
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		<title>PSP Worldwide Logistics</title>
		<link>http://dubaibizz.net/psp-worldwide-logistics.html</link>
		<comments>http://dubaibizz.net/psp-worldwide-logistics.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 13:12:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>

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		<description><![CDATA[Established in 1998 by Managing Director Frank Dixie, PSP is a dynamic and flexible organization which is continually expanding its offering.
(more&#8230;)
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]]></description>
			<content:encoded><![CDATA[<p>Established in 1998 by Managing Director Frank Dixie, PSP is a dynamic and flexible organization which is continually expanding its offering.<br />
<a href="http://www.sailing.org/psp.php" target="_blank">(more&#8230;)</a><br />
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</ul>
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		</item>
		<item>
		<title>Abu Dhabi&#8217;s Petrofac wins $400m Kuwaiti contract</title>
		<link>http://dubaibizz.net/abu-dhabis-petrofac-wins-400m-kuwaiti-contract.html</link>
		<comments>http://dubaibizz.net/abu-dhabis-petrofac-wins-400m-kuwaiti-contract.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 12:53:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[Abu Dhabi]]></category>
		<category><![CDATA[Oil]]></category>

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		<description><![CDATA[Abu Dhabi oil services group to build fuel and gas oil pipelines for Kuwait Oil Co.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>Abu Dhabi oil services group to build fuel and gas oil pipelines for Kuwait Oil Co.<br />
<a href="http://rss.feedsportal.com/c/32295/f/452773/p/1/s/76a90858/l/0L0Sarabianbusiness0N0C5937640Eabu0Edhabis0Epetrofac0Ewins0E40A0Am0Ekuwaiti0Econtract0E/story01.htm" target="_blank">(read the story&#8230;)</a><br />
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		</item>
		<item>
		<title>Dubai crude oil price determination</title>
		<link>http://dubaibizz.net/dubai-crude-oil-price-determination.html</link>
		<comments>http://dubaibizz.net/dubai-crude-oil-price-determination.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 10:46:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[Oil]]></category>

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		<description><![CDATA[Dubai, July 29th, 2010 (WAM) &#8212; The Department of Oil Affairs in the government of Dubai today announced that it had advised its customers that the official price of Dubai crude oil, which will be delivered in October 2010, will be twenty cents less per barrel than the average daily settlement price of the DME [...]]]></description>
			<content:encoded><![CDATA[<p>Dubai, July 29th, 2010 (WAM) &#8212; The Department of Oil Affairs in the government of Dubai today announced that it had advised its customers that the official price of Dubai crude oil, which will be delivered in October 2010, will be twenty cents less per barrel than the average daily settlement price of the DME DME Oman Crude Oil Financial Contract in Dubai Mercantile Exchange Dubai Mercantile &#8230;<br />
<a href="http://www.zawya.com/Story.cfm/sidWAM20100729100010400/Dubai%20crude%20oil%20price%20determination%20%20" target="_blank">(read the story&#8230;)</a><br />
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</ul>
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		</item>
		<item>
		<title>Business : Dubai crude oil price determination</title>
		<link>http://dubaibizz.net/business-dubai-crude-oil-price-determination.html</link>
		<comments>http://dubaibizz.net/business-dubai-crude-oil-price-determination.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 10:46:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[Oil]]></category>

		<guid isPermaLink="false">http://dubaibizz.net/business-dubai-crude-oil-price-determination.html</guid>
		<description><![CDATA[DUBAI &#8211; The Department of Oil Affairs in the government of Dubai today announced that it had advised its customers that the official price of Dubai crude oil, which will be delivered in October 2010, will be twenty cents less per barrel than the average daily settlement price of the DME Oman Crude Oil Financial [...]]]></description>
			<content:encoded><![CDATA[<p>DUBAI &#8211; The Department of Oil Affairs in the government of Dubai today announced that it had advised its customers that the official price of Dubai crude oil, which will be delivered in October 2010, will be twenty cents less per barrel than the average daily settlement price of the DME Oman Crude Oil Financial Contract in Dubai Mercantile Exchange contracts traded during the next month.<br />
<a href="http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/business/2010/July/business_July562.xml&amp;section=business&amp;col=" target="_blank">(read the story&#8230;)</a><br />
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		<item>
		<title>Dubai Taxi launches e-transfer of salaries and dues to banks service</title>
		<link>http://dubaibizz.net/dubai-taxi-launches-e-transfer-of-salaries-and-dues-to-banks-service.html</link>
		<comments>http://dubaibizz.net/dubai-taxi-launches-e-transfer-of-salaries-and-dues-to-banks-service.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 10:45:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[Dubai]]></category>

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		<description><![CDATA[29 July 2010 Dubai (United Arab Emirates): The Dubai Taxi Corporation Dubai Taxi Corporation ( DTC DTC ) of the Roads &#38; Transport Authority (RTA) has commissioned a new service of transferring employee salaries and vendor dues to banks electronically as part of its initiatives for this year aiming to improve the level of service, [...]]]></description>
			<content:encoded><![CDATA[<p>29 July 2010 Dubai (United Arab Emirates): The Dubai Taxi Corporation Dubai Taxi Corporation ( DTC DTC ) of the Roads &amp; Transport Authority (RTA) has commissioned a new service of transferring employee salaries and vendor dues to banks electronically as part of its initiatives for this year aiming to improve the level of service, speed up processes and save the time &amp; efforts of service &#8230;<br />
<a href="http://www.zawya.com/Story.cfm/sidZAWYA20100729100205/Dubai%20Taxi%20launches%20e-transfer%20of%20salaries%20and%20dues%20to%20banks%20service" target="_blank">(read the story&#8230;)</a><br />
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]]></content:encoded>
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		<title>Raffles Dubai Appoints New General Manager</title>
		<link>http://dubaibizz.net/raffles-dubai-appoints-new-general-manager.html</link>
		<comments>http://dubaibizz.net/raffles-dubai-appoints-new-general-manager.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 08:39:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
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		<description><![CDATA[29 July 2010 DUBAI &#8211; Raffles Dubai is pleased to announce the appointment of Mr. Peter French as General Manager.
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			<content:encoded><![CDATA[<p>29 July 2010 DUBAI &#8211; Raffles Dubai is pleased to announce the appointment of Mr. Peter French as General Manager.<br />
<a href="http://www.zawya.com/Story.cfm/sidZAWYA20100729073015/Raffles%20Dubai%20Appoints%20New%20General%20Manager" target="_blank">(read the story&#8230;)</a><br />
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</ul>
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		<title>Saudi TASI dips but Dubai stocks up</title>
		<link>http://dubaibizz.net/saudi-tasi-dips-but-dubai-stocks-up.html</link>
		<comments>http://dubaibizz.net/saudi-tasi-dips-but-dubai-stocks-up.html#comments</comments>
		<pubDate>Thu, 29 Jul 2010 06:34:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
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		<description><![CDATA[Saudi TASI dips but Dubai stocks up
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			<content:encoded><![CDATA[<p>Saudi TASI dips but Dubai stocks up<br />
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</ul>
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		<title>Abu Dhabi Office Rents Fall 27%</title>
		<link>http://dubaibizz.net/abu-dhabi-office-rents-fall-27.html</link>
		<comments>http://dubaibizz.net/abu-dhabi-office-rents-fall-27.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:56:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[Abu Dhabi]]></category>
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		<description><![CDATA[Abu Dhabi office rents fell 27 percent in the second quarter from a year earlier and will drop further as supply increases by more than half through 2012, Jones Lang LaSalle Inc. said.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>Abu Dhabi office rents fell 27 percent in the second quarter from a year earlier and will drop further as supply increases by more than half through 2012, Jones Lang LaSalle Inc. said.<br />
<a href="http://www.businessweek.com/news/2010-07-28/abu-dhabi-office-rents-fall-27-may-drop-more-on-new-supply.html" target="_blank">(read the story&#8230;)</a><br />
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		<title>Oil tanker in suspected attack in Persian Gulf</title>
		<link>http://dubaibizz.net/oil-tanker-in-suspected-attack-in-persian-gulf.html</link>
		<comments>http://dubaibizz.net/oil-tanker-in-suspected-attack-in-persian-gulf.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:56:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[BUSINESS]]></category>
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		<description><![CDATA[DUBAI: An oil tanker has been damaged by an explosion in a suspected attack near the strategically important mouth of the Persian Gulf.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>DUBAI: An oil tanker has been damaged by an explosion in a suspected attack near the strategically important mouth of the Persian Gulf.<br />
<a href="http://www.brisbanetimes.com.au/world/oil-tanker-in-suspected-attack-in-persian-gulf-20100728-10wae.html" target="_blank">(read the story&#8230;)</a><br />
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<li><a href='http://dubaibizz.net/japan-shipping-company-mitsui-says-explosion-has-occurred-on-its-oil-tanker-near-persian-gulf.html'>Japan shipping company Mitsui says explosion has occurred on its oil tanker near Persian Gulf</a></li>
<li><a href='http://dubaibizz.net/is-bp-tapping-partners-to-fund-gulf-oil-clean-up.html'>Is BP tapping &#8216;partners&#8217; to fund Gulf oil clean-up?</a></li>
<li><a href='http://dubaibizz.net/embattled-ceo-of-bp-hayward-meets-abu-dhabis-crown-prince-as-oil-spill-cleanup-costs-rise.html'>Embattled CEO of BP Hayward meets Abu Dhabi&#8217;s crown prince as oil spill cleanup costs rise</a></li>
<li><a href='http://dubaibizz.net/bp-in-talks-with-wealth-funds-to-seek-investment.html'>BP in talks with wealth funds to seek investment</a></li>
</ul>
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		<title>Japanese oil tanker damaged at mouth of Persian Gulf; cause unclear, shipper suspects attack</title>
		<link>http://dubaibizz.net/japanese-oil-tanker-damaged-at-mouth-of-persian-gulf-cause-unclear-shipper-suspects-attack.html</link>
		<comments>http://dubaibizz.net/japanese-oil-tanker-damaged-at-mouth-of-persian-gulf-cause-unclear-shipper-suspects-attack.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 15:56:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[DUBAI, United Arab Emirates &#8211; An explosion damaged a Japanese oil tanker Wednesday as it steered through the tense waters at the mouth of the Persian Gulf, where the ship&#8217;s owner said the vessel possibly came under attack.
(read the story&#8230;)
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Is [...]]]></description>
			<content:encoded><![CDATA[<p>DUBAI, United Arab Emirates &#8211; An explosion damaged a Japanese oil tanker Wednesday as it steered through the tense waters at the mouth of the Persian Gulf, where the ship&#8217;s owner said the vessel possibly came under attack.<br />
<a href="http://news.therecord.com/article/752344" target="_blank">(read the story&#8230;)</a><br />
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<li><a href='http://dubaibizz.net/bp-launches-search-for-new-investors-reports.html'>BP launches search for new investors: reports</a></li>
<li><a href='http://dubaibizz.net/bp-launches-search-for-new-investors-report.html'>BP launches search for new investors: report</a></li>
</ul>
]]></content:encoded>
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		<title>Mysterious blast hits Japan oil tanker near Iran</title>
		<link>http://dubaibizz.net/mysterious-blast-hits-japan-oil-tanker-near-iran.html</link>
		<comments>http://dubaibizz.net/mysterious-blast-hits-japan-oil-tanker-near-iran.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 13:50:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[DUBAI (AFP) &#8211; A mysterious explosion hit a Japanese oil tanker near Iran in the vital Strait of Hormuz early on Wednesday, spotlighting a potential threat in a chokepoint for global oil supplies.
(read the story&#8230;)
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Japan shipping company Mitsui says explosion has [...]]]></description>
			<content:encoded><![CDATA[<p>DUBAI (AFP) &#8211; A mysterious explosion hit a Japanese oil tanker near Iran in the vital Strait of Hormuz early on Wednesday, spotlighting a potential threat in a chokepoint for global oil supplies.<br />
<a href="http://ca.news.yahoo.com/s/afp/100728/world/japan_mideast_shipping_blast_4" target="_blank">(read the story&#8230;)</a><br />
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<li><a href='http://dubaibizz.net/japan-shipping-company-mitsui-says-explosion-has-occurred-on-its-oil-tanker-near-persian-gulf.html'>Japan shipping company Mitsui says explosion has occurred on its oil tanker near Persian Gulf</a></li>
<li><a href='http://dubaibizz.net/analysis-iran-oil-sanctions-will-leak.html'>ANALYSIS &#8211; Iran oil sanctions will leak</a></li>
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<li><a href='http://dubaibizz.net/dubai-non-oil-exports-jump-16.html'>Dubai non-oil exports jump 16%</a></li>
</ul>
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		<title>Oil companies hike prices anew</title>
		<link>http://dubaibizz.net/oil-companies-hike-prices-anew.html</link>
		<comments>http://dubaibizz.net/oil-companies-hike-prices-anew.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 13:49:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[(UPDATE) Local oil companies, led by the major oil players, have raised prices of diesel, kerosene and regular gasoline by 50 centavos a liter, beginning Wednesday.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>(UPDATE) Local oil companies, led by the major oil players, have raised prices of diesel, kerosene and regular gasoline by 50 centavos a liter, beginning Wednesday.<br />
<a href="http://newsinfo.inquirer.net/breakingnews/nation/view/20100728-283597/Oil-companies-hike-prices-anew" target="_blank">(read the story&#8230;)</a><br />
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</ul>
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		<title>Freak wave slams oil tanker, official says</title>
		<link>http://dubaibizz.net/freak-wave-slams-oil-tanker-official-says.html</link>
		<comments>http://dubaibizz.net/freak-wave-slams-oil-tanker-official-says.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 13:49:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[A Japanese oil tanker was damaged by a freak wave in the Strait of Hormuz, one of the world&#8217;s most important shipping lanes. Persian Gulf &#8211; Mitsui O.S.K. Lines &#8211; Oil tanker &#8211; Business &#8211; Transportation and Logistics
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>A Japanese oil tanker was damaged by a freak wave in the Strait of Hormuz, one of the world&#8217;s most important shipping lanes. Persian Gulf &#8211; Mitsui O.S.K. Lines &#8211; Oil tanker &#8211; Business &#8211; Transportation and Logistics<br />
<a href="http://www.msnbc.msn.com/id/38443382/ns/world_news-mideastn_africa/" target="_blank">(read the story&#8230;)</a><br />
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<li><a href='http://dubaibizz.net/dubai-offers-9-5b-in-new-aid-toronto-sun.html'>Dubai offers $9.5B in new aid (Toronto Sun)</a></li>
</ul>
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		<title>Mitsui Says Oil Tanker Possibly Attacked Near Hormuz</title>
		<link>http://dubaibizz.net/mitsui-says-oil-tanker-possibly-attacked-near-hormuz.html</link>
		<comments>http://dubaibizz.net/mitsui-says-oil-tanker-possibly-attacked-near-hormuz.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 13:49:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Mitsui O.S.K. Lines Ltd., operator of the world’s second-largest oil-tanker fleet, said one of its ships may have been attacked near the Strait of Hormuz, deemed by the U.S. to be the most important chokepoint for oil supply.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>Mitsui O.S.K. Lines Ltd., operator of the world’s second-largest oil-tanker fleet, said one of its ships may have been attacked near the Strait of Hormuz, deemed by the U.S. to be the most important chokepoint for oil supply.<br />
<a href="http://www.businessweek.com/news/2010-07-28/mitsui-says-oil-tanker-possibly-attacked-near-hormuz.html" target="_blank">(read the story&#8230;)</a><br />
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</ul>
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		<title>UAE emerging as the main hub for supply to MENA with base metal products</title>
		<link>http://dubaibizz.net/uae-emerging-as-the-main-hub-for-supply-to-mena-with-base-metal-products.html</link>
		<comments>http://dubaibizz.net/uae-emerging-as-the-main-hub-for-supply-to-mena-with-base-metal-products.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 12:46:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[The Gulf has the largest concentration of energy resources in the world with oil producing countries in the region estimated to have spent approximately AED 182.5 billion (US$50 billion) to increase their current oil field production capacities or to develop new discoveries by the year-end.
(more&#8230;)
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			<content:encoded><![CDATA[<p>The Gulf has the largest concentration of energy resources in the world with oil producing countries in the region estimated to have spent approximately AED 182.5 billion (US$50 billion) to increase their current oil field production capacities or to develop new discoveries by the year-end.<br />
<a href="http://www.zawya.com/Story.cfm/sidZAWYA20100728101320/UAE%20emerging%20as%20the%20main%20hub%20for%20supply%20to%20MENA%20with%20base%20metal%20products" target="_blank">(more&#8230;)</a><br />
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</ul>
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		<title>Global It Security Spending Estimated To Rise To Us$ 60 Billion, As Cybercrime Continues To Grow</title>
		<link>http://dubaibizz.net/global-it-security-spending-estimated-to-rise-to-us-60-billion-as-cybercrime-continues-to-grow.html</link>
		<comments>http://dubaibizz.net/global-it-security-spending-estimated-to-rise-to-us-60-billion-as-cybercrime-continues-to-grow.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 12:46:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[As the online threat landscape continues to evolve and grow, global spending on IT security is estimated to rise to US$ 60 billion, according to market research company, RNCOS. The study also shows that IT security in the Middle East is projected to grow by 12% over the next three years, as governments and financial [...]]]></description>
			<content:encoded><![CDATA[<p>As the online threat landscape continues to evolve and grow, global spending on IT security is estimated to rise to US$ 60 billion, according to market research company, RNCOS. The study also shows that IT security in the Middle East is projected to grow by 12% over the next three years, as governments and financial institutions adopt advanced security solutions.<br />
<a href="http://www.zawya.com/Story.cfm/sidZAWYA20100728112817/Global%20It%20Security%20Spending%20Estimated%20To%20Rise%20To%20Us$%2060%20Billion,%20As%20Cybercrime%20Continues%20To%20Grow" target="_blank">(more&#8230;)</a><br />
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</ul>
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		<title>Dubai Investments Q2 profit falls 32 pct</title>
		<link>http://dubaibizz.net/dubai-investments-q2-profit-falls-32-pct.html</link>
		<comments>http://dubaibizz.net/dubai-investments-q2-profit-falls-32-pct.html#comments</comments>
		<pubDate>Wed, 28 Jul 2010 11:42:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[* Q2 net profit falls 32 pct to 196.3 mln dirhams
(read the story&#8230;)
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Japan shipping company Mitsui [...]]]></description>
			<content:encoded><![CDATA[<p>* Q2 net profit falls 32 pct to 196.3 mln dirhams<br />
<a href="http://sg.news.yahoo.com/rtrs/20100728/tbs-dubaiinvestments-results-7318940.html" target="_blank">(read the story&#8230;)</a><br />
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</ul>
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		<title>Dubai Office Rents Drop in Second Quarter as More Supply Comes on Market</title>
		<link>http://dubaibizz.net/dubai-office-rents-drop-in-second-quarter-as-more-supply-comes-on-market.html</link>
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		<pubDate>Wed, 28 Jul 2010 09:36:21 +0000</pubDate>
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		<description><![CDATA[Office rents in Dubai dropped by as much as 17 percent in the second quarter as new supply put pressure on landlords, CB Richard Ellis Group Inc. said.
(read the story&#8230;)
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			<content:encoded><![CDATA[<p>Office rents in Dubai dropped by as much as 17 percent in the second quarter as new supply put pressure on landlords, CB Richard Ellis Group Inc. said.<br />
<a href="http://www.bloomberg.com/news/2010-07-28/dubai-office-rents-drop-in-second-quarter-as-more-supply-comes-on-market.html" target="_blank">(read the story&#8230;)</a><br />
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		<title>Japan shipping company Mitsui says explosion has occurred on its oil tanker near Persian Gulf</title>
		<link>http://dubaibizz.net/japan-shipping-company-mitsui-says-explosion-has-occurred-on-its-oil-tanker-near-persian-gulf.html</link>
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		<pubDate>Wed, 28 Jul 2010 09:36:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[DUBAI, United Arab Emirates (AP) — Japan&#8217;s shipping company Mitsui O.S.K. Lines says an explosion, suspected to be an attack, has damaged one of its oil tankers near the mouth of the Persian Gulf.
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			<content:encoded><![CDATA[<p>DUBAI, United Arab Emirates (AP) — Japan&#8217;s shipping company Mitsui O.S.K. Lines says an explosion, suspected to be an attack, has damaged one of its oil tankers near the mouth of the Persian Gulf.<br />
<a href="http://www.mcall.com/news/nationworld/sns-ap-ml-tanker-explosion,0,1981535.story?track=rss" target="_blank">(read the story&#8230;)</a><br />
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		<title>Dubai&#8217;s DP Worldâs business up 16%</title>
		<link>http://dubaibizz.net/dubais-dp-worldas-business-up-16.html</link>
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		<pubDate>Wed, 28 Jul 2010 05:25:19 +0000</pubDate>
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		<description><![CDATA[Dubai&#8217;s DP Worldâs business up 16%
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			<content:encoded><![CDATA[<p>Dubai&#8217;s DP Worldâs business up 16%<br />
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