Thursday, Sep 10, 2009

The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on September 10.

BAHRAIN:

AL WAQT

BAHRAIN DEVT BK FUNDS TO SMES IN FIRST 8 MOS BHD34M

State-owned Bahrain Development Bank, or BDB, said it has granted credit facilities worth 34 million Bahraini dinars ($90.2 million) to small and medium enterprises, or SMEs, in the first eight months of 2009.

Web site: www.alwaqt.com

QATAR:

ASHARQ

SHELL, QATAR PETROLEUM COMPLETE 38 GTL STORAGE TANKS

Contractors on the Pearl gas-to-liquids, or GTL, project, a joint-venture between Royal Dutch Shell Group and state-run Qatar Petroleum, have completed the construction of 38 giant storage tanks on the project's site at Ras Laffan Industrial City.

Web site: www.al-sharq.com

JORDAN:

AL ARAB AL YAWM

JORDAN CTRL BK FOREX RESERVES HIT $10.08B IN AUG

The Central Bank of Jordan's foreign currency reserves reached nearly $10.08 billion at the end of August--their highest level ever in the central bank's history.

JORDAN EVALUATES 3RD WIND PWR BID BY GREECE TERNA GRP

Jordan's Ministry of Energy is currently evaluating the third bid submitted by the consortium led by Greece-based Terna Energy SA (TENERGY.AT) for Al Kamshah 30-40 megawatts wind power generation project in the Jerash area.

Web site: www.alarabalyawm.net

AL RAI

JORDAN PUBLIC SECTOR DEBT TO BKS UP 14% TO JOD4.96B

The debt owed by the Jordanian public sector to local banks climbed to 4.96 billion Jordanian dinars ($7 billion) at the end of July, up 14% from JOD4.35 billion at the end of 2008.

Web site: www.alrai.com

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

Copyright (c) 2009 Dow Jones & Co.

(END) Dow Jones Newswires

10-09-09 0857GMT