Thursday, Dec 15, 2011
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on December 15.
PAN ARAB:
AL HAYAT
SAUDI SIPCHEM UNIT BUYS SWISS PETCHEM MKTG FIRM AECTRA
Saudi Arabia's Sipchem Marketing and Services Co., a wholly-owned unit of Saudi International Petrochemical Co., or Sipchem, has acquired Swiss petrochemical marketing firm Aectra S.A.
Website: http://ksa.daralhayat.com
KUWAIT:
AL RAI
KUWAIT-BASED CFC'S KWD50M BOND ISSUE FULLY SUBSCRIBED
Commercial Facilities Co., or CFC, Kuwait's largest provider of consumer installment credit services, has closed subscription in a 50 million Kuwaiti dinars ($180.5 million) bond issue with complete coverage of the bond's value.
Website: www.alraimedia.com
BAHRAIN:
AL WASAT
KFH-BAHRAIN LAUNCHES TENDERS FOR PROJ IN DIAR AL MUHARRAQ
Kuwait Finance House-Bahrain, or KFH-Bahrain, a fully-owned unit of Kuwait Finance House, is evaluating the offers of 20 contractors for a tender to build 200 residential units in the local Diar Al Muharraq mixed-use real estate development. Once this deal is awarded, KFH-Bahrain will launch within weeks additional tenders as part of a project that involves the construction of 3,000 residential units in Diar Al Muharraq at a total cost of 200 million Bahraini dinars ($530.4 million).
Website: www.alwasatnews.com
QATAR:
AL ARAB
QATAR'S KAHRAMAA TO TENDER WATER NETWORK PROJECTS SOON
State-run Qatar General Electricity and Water Corp., or Kahramaa, is currently preparing preliminary designs for several water network projects and will launch the tenders soon.
Website: www.alarab.com.qa
LEBANON:
AL LIWAA
LEBANON TO INK DEAL THU FOR EUR21M DEVT LOAN FROM FRANCE
Lebanon and the French Development Agency, or AFD, are scheduled to sign in Beirut Thursday a loan agreement valued at EUR21 million to fund a local development project.
Website: http://www.aliwaa.com
-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
15-12-11 0839GMT
