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Oct 04 2011

Arabic Business News Stories From October 4

Tuesday, Oct 04, 2011

The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on October 4.

KUWAIT:

AL JARIDA

KUWAIT KPI TO BOOST JET FUEL SALES, EXPAND IN EASTERN EUROPE

State-run Kuwait Petroleum International , or KPI , has allocated an operating budget of nearly $1.79 billion for fiscal year 2011/2012 which will be mainly used to boost its aviation fuel sales and to expand in Eastern Europe through diesel distribution stations.

Website: www.aljarida.com

AL ANBA

KUWAIT VIVA EXPECTS TO COMPLETE LISTING PROCEDURES SOON

Mobile phone and internet services provider Kuwait Telecom Co., or Viva, has appointed an advisor to help it list on the local bourse and expects to complete the listing procedures soon.

Website: www.alanba.com.kw

QATAR:

AL ARAB

QATAR'S BARWA RE SET TO INVEST EGP50B IN EGYPT PROJECT

Barwa Real Estate Co., Qatar's largest publicly-traded property developer, is looking at investing 50 billion Egyptian pounds ($8.39 billion) in its project in New Cairo city that covers an area of about 8.5 million square meters.

Website: www.alarab.com.qa

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

Copyright (c) 2011 Dow Jones & Co.

(END) Dow Jones Newswires

04-10-11 0832GMT

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