Wednesday, Oct 26, 2011
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on October 26
KUWAIT:
AL RAI
KUWAIT KNPC PROFIT FOR 1H OF 2011/2012 KWD202.5M
State refiner Kuwait National Petroleum Co., or KNPC, has made a profit of about 202.5 million Kuwaiti dinars ($737.4 million) in the first half of fiscal year 2011/2012 which began April 1.
Website: www.alraimedia.com
AL ANBA
KUWAIT INVESTMENT IN MOROCCO DROPS TO $1B FROM $3B IN 2010
The volume of Kuwaiti investment in Morocco has declined sharply to $1 billion in the current year, from $3 billion in 2010, said Moroccan foreign trade minister Abdellatif Mazuz.
Website: www.alanba.com.kw
QATAR:
ASHARQ
QATAR FIN MIN: REAL ECON GROWTH SEEN AT 20% THIS YEAR
Qatar's economy is expected to achieve real growth of 20% this year and nominal growth of 30%; It plans to invest $150 billion in its economy over the coming five years, said the country's minister of economy and finance Yousef Hussein Kamal.
QATAR'S QEWC PROPOSES BUILDING NEW LOCAL WATER STATION
Mainly state-owned Qatar Electricity and Water Co., or QEWC, has proposed to set up an additional local water production station in Ras Abu Fintas with a capacity of 72 million gallons a day.
Website: www.al-sharq.com
By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
26-10-11 0817GMT
