Thursday, Feb 23, 2012

The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on February 23.

PAN ARAB:

AL HAYAT

SAUDI MULLS INDUS CITY IN EASTERN PROVINCE'S AL QATIF AREA

Saudi Arabia's Eastern Province chamber of commerce and industry, known as Asharqia Chamber, is preparing a study to determine the requirements for setting up an industrial estate in Al Qatif area.

Website: http://ksa.daralhayat.com/

SAUDI ARABIA:

AL JAZIRAH

SAUDI OKS BIN SAMMAR CONTRACTING MOVE INTO JOINT STOCK CO

Saudi Arabia's ministry of commerce and industry has given its approval to the local Bin Sammar Trading and Contracting Co. to convert into a closed joint stock company with a capital of 360 million Saudi riyals ($96 million).

Website: www.al-jazirah.com

QATAR:

ASHARQ

QATAR FUEL PLANS LOCAL, OVERSEAS EXPANSION; OPENS QAR22M STATION

Qatar Fuel Co., or Woqod, an affiliate of state-owned Qatar Petroleum, is in talks with the local authorities to open a seaport in Al Shamal harbor and plans to expand its bitumen plant at Mesaieed. Woqod is also evaluating feasibility studies for some investment projects in Europe through medium or long-term joint ventures.

Website: www.al-sharq.com

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

Copyright (c) 2012 Dow Jones & Co.

(END) Dow Jones Newswires

23-02-12 1028GMT