Monday, Jul 09, 2012

Arabic Business News Stories From July 9

The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on July 9.

KUWAIT:

AL QABAS

KUWAIT AL TIJARIA TO LAUNCH 2 TENDERS FOR RESTAURANT COMPLEX PROJS

Kuwait's Commercial Real Estate Co. (ALTIJARIA.KW), or Al Tijaria, plans to launch two tenders to build two restaurant complexes.

Website: www.alqabas.com.kw

AL SEYASSAH

BAHRAIN'S ILA PLANS TO LAUNCH $300M INVEST FUND BY YEAR END

Bahrain-based ILA Group plans to set up soon a $300 million fund to invest in, manage, and develop small telecom and information technology startups. ILA will act as the technical manager of the fund which will start operations by the end of this year.

Website: www.alseyassah.com/alseyassah

AL ANBA

KUWAIT'S INTL FINANCE CO. LOOKS TO INVEST $36M IN STABLE COUNTRIES

Kuwait's International Finance Co. (IFC.KW) is considering investing 10 million Kuwaiti dinars ($35.52 million) over the next 15 months in countries enjoying political and economic stability.

Website: www.alanba.com.kw

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

Copyright (c) 2012 Dow Jones & Co.

(END) Dow Jones Newswires

09-07-12 0817GMT