Thursday, Jan 26, 2012
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on January 26.
PAN ARAB:
AL HAYAT
SAUDI SET TO INVITE CONTRACTS FOR LANDBRIDGE RAIL PROJECT
Saudi Railways Organization is preparing to invite contracts to implement the large-scale Landbridge rail project that will link the kingdom's east in the Persian Gulf to its west on the Red Sea.
Website: http://ksa.daralhayat.com/ksaarticle/354883
KUWAIT:
AL SEYASSAH
Kuwait, UK 2011 Trade Up At KWD1B; 2015 Target KWD2B
The volume of bilateral trade between Kuwait and the U.K. reached nearly 1 billion Kuwaiti dinars ($3.59 billion) in 2011. There's a bilateral agreement to boost this trade to KWD2 billion by 2015.
Website: www.alseyassah.com/alseyassah
AL ANBA
KUWAIT GIVES INITIAL OK FOR ENTRY OF TOTAL IN CHINA JV
Kuwait has given its initial approval for the entry of Total S.A. (TOT) as partner in its planned oil refining and petrochemical joint venture with China and will soon sign a memorandum of understanding with the Paris-based oil giant for this purpose.
Website: www.alanba.com.kw
BAHRAIN:
AL WASAT
BAHRAIN BATELCO MAY SELL S TEL IN 1 YR;SEEKS $1B FOR ACQUISITIONS
Bahrain Telecommunications Co., or Batelco, expects to sell its stake in the Indian telecom operator S Tel within 12 months and is looking to borrow about $1 billon to finance any acquisition deal in the future
BAHRAIN'S INOVEST PLANS $27 MLN LOCAL FISH FARMING JV
Bahrain's Inovest plans to launch a local fish farming project at a total cost ranging between $25 million and $27 million and with a production capacity of 880 tons a year.
Website: www.alwasatnews.com
By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
26-01-12 1013GMT
