Thursday, Jul 07, 2011
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on July 7.
PAN ARAB:
ASHARQ AL AWSAT
SOUTH SUDAN IN TALKS TO BUILD 200-KM OIL PIPELINE TO KENYA
South Sudan is in talks with a number of oil companies to set up a 200-kilometer oil pipeline that will be connected to a pipeline in Kenya, said South Sudan's minister of transport Anthony Makana.
Website: www.aawsat.com
SAUDI ARABIA:
AL RIYADH
SAUDI TABUK CEMENT INKS DEAL TO BOOST CAPACITY BY 75%
Saudi Arabia's Tabuk Cement Co., or TCC, has signed a deal to set up a new cement mill that will boost its daily production capacity by 75% to about 9,000 tons of cement.
Website: www.alriyadh-np.com
AL JAZIRAH
SAUDI ALLOCATES SAR10B FOR INTEREST-FREE LOANS FOR SMALL PROJS
State-run Saudi Credit and Saving Bank has allocated 10 billion Saudi riyals ($2.67 billion) to its new Masarat program that aims to finance small and emerging projects. All loans under the program will be interest-free and the maximum value of each loan will be SAR4 million.
Website: www.al-jazirah.com
KUWAIT:
AL WATAN
KUWAIT MIN: KAC WON'T BE PRIVATIZED IF THE RIGHT INVESTOR NOT FOUND
Kuwait Airways Corp., or KAC, won't be privatized without prior consultation with the country's parliamentary committees nor will it be sold as "junk". The carrier will remain unsold if the right investor isn't found, said Minister of Information and Minister of Transport Sami Al Nesf.
Website: www.alwatan.com.kw
AL QABAS
KUWAIT TO OPERATE 3 RENEWABLE ENERGY PLANTS WITHIN 3 YRS
Kuwait plans to set up three local power plants that will use renewable energy resources to generate electricity at a combined capacity of 70 megawatts. The power plants, which are expected to start operations within three years, comprise a 50 MW thermal solar power plant in addition to a photovoltaic solar power plant and a plant using wind power each with a capacity of 10 MW.
Website: www.alqabas.com.kw
EGYPT:
AL AHRAM
Kuwait Devt Fund To Provide $1.35B To Support Arab SMEs
The Kuwait Development Fund will provide $1.35 billion to support the development of small and medium-sized enterprises, or SMEs, in the Arab world with priority given to Egypt and Tunisia.
Website: www.ahram.org.eg
By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
07-07-11 1017GMT
