Thursday, Sep 15, 2011

The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on September 15

PAN ARAB:

AL HAYAT

SYRIAN MIN: COUNTRY'S FOREX RESERVE AT $18B

Syria's foreign currency reserve stands at about $18 billion and covers the country's imports for more than 20 months, said Finance Minister Mohammad Al Jleilati.

Website: http://international.daralhayat.com

QATAR:

ASHARQ

QATAR HASSAD FOOD SEEKS TO CUT PRICES DESPITE GOVT PAY RISE

Qatar's Hassad Food, the state-owned mega firm set up to ensure the country's food security, won't raise the prices of its products despite the government's recent decision to hike public sector salaries. On the contrary, Hassad Food will seek to lower the prices of some products particularly rice, sugar, cereals, meat, and animal feed.

Website: www.al-sharq.com

LEBANON:

AN NAHAR

LEBANON MIN: GOVT SEEKS TO CUT DEFICIT TO GDP RATIO BY 2%

The Lebanese government plans to keep the deficit at 5.2 trillion Lebanese pounds ($3.45 billion) in the 2012 draft budget but will seek to reduce the deficit to gross domestic product ratio by 2%, said Finance Minister Mohammad Safadi.

Website: www.annahar.com

By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

15-09-11 0753GMT