Tuesday, May 22, 2012
Tuesday, May 22, 2012
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on May 22.
KUWAIT:
AL WATAN
KUWAIT HEISCO EYES BUSINESS VOLS OVER KWD100M THIS YR
Kuwait's Heavy Engineering Industries and Shipbuilding Co. (SHIP.KW), or Heisco, expects its business to grow to over 100 million Kuwaiti dinars ($358 million) this year.
Website: www.alwatan.com.kw
AL JARIDA
KUWAIT OIL PLANS SEISMIC SURVEY IN NORTHERN REGION NEXT MO
Government-owned Kuwait Oil Co., or KOC, plans to carry out a seismic survey next month in the Gulf state's northern region where natural gas was discovered six years ago.
Website: www.aljarida.com
BAHRAIN:
AL AYYAM
BAHRAIN SEEKS MORE US INVEST; BILATERAL TRADE $1.8B IN 2011
Bahrain, whose bilateral trade with the United States was $1.8 billion in 2011, will continue its promotional efforts to attract more U.S. investments, said Bahraini industry and commerce minister Hassan Fakhro.
Website: www.alayam.com
AL BILAD
BAHRAIN BANAGAS, TATWEER MULL EXPANDING JOINT GAS PROJECT
Bahrain National Gas Co., or Banagas, will team up with the local Tatweer Petroleum Co. to expand its natural gas operations if the outcome of a study is positive.
Website:
http://www.albiladpress.com/ (http://www.albiladpress.com/)
EGYPT:
AL AHRAM
EGYPT MIN: ECONOMY GREW BY 5.2% ON YEAR IN 1Q 2012
Egypt's economy grew by 5.2% in the first quarter of 2012 rebounding from the first quarter of last year when the country's gross domestic product shrunk by 4.3%, said the country's minister of planning and international cooperation, Fayza Abul Naga.
Website: www.ahram.org.eg
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
22-05-12 0847GMT
