Wednesday, Sep 02, 2009
The following is a Zawya Dow Jones selection of stories translated from Arabic newspapers published on September 2.
SAUDI ARABIA:
AL EQTISADIAH
UNICORN CAPITAL SAUDI TO ISSUE SUKUK IN 4Q
Unicorn Capital Saudi Arabia, a subsidiary of Bahrain's Unicorn Investment Bank, plans to issue sukuk, or shariah-compliant bonds in the fourth quarter of 2009.
SAUDI SAYS TO RECEIVE SWINE FLU VACCINE BY OCT 1
Saudi Arabia will receive doses of H1N1 swine flu vaccine by October 1 for the haj season.
Web site: www.aleqt.com
AL MADINA
EGYPT TO SELL AGRICULTURAL CREDIT BK TO SAUDI RAJHI GRP
Egypt plans to sell its Development and Agricultural Credit Bank to Saudi's Rajhi Investment Group.
Web site: www.al-madina.com
BAHRAIN:
AL WASAT
ZAIN BAHRAIN PLANS MORE TECH, INFRASTRUCTURE INVEST
Mobile phone operator and internet services provider Zain Bahrain plans to embark on additional investments in the technology and infrastructure sectors in the face of competition on the local market.
Web site: www.alwasatnews.com
JORDAN:
AL RAI
JORDAN GRANTS 15-YR CONCESSION FOR REFINERY EXPANSION
The Jordanian cabinet has decided to grant an exclusive 15-year concession to the Jordan Petroleum Refinery Co., or JPRC, and to its potential strategic partner to carry out the refinery's $2.1 billion expansion project.
Web site: www.alrai.com
AL GHAD
JORDAN MOBILE PENETRATION UP TO 92% AT 2008 END
The penetration rate of Jordan's mobile phone market grew to 92% at the end of last year from 83% a year earlier.
Web site: www.alghad.jo
SYRIA
TISHREEN
China Development Bank, or CDB, has agreed with the Syrian government to finance development projects in the country.
Web site: www.tishreen.info
By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com Copyright (c) 2009 Dow Jones & Co.
Copyright (c) 2009 Dow Jones & Co.
(END) Dow Jones Newswires
02-09-09 0851GMT
