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10/21/15
Kuwait
to launch a tender to create a terminal capacity of 5 million
Kuwait's Directorate General of Civil Aviation Director Yusuf Suleiman Al-Fawzan said on Tuesday that Kuwait issued a tender for the establishment of a new passenger terminal with capacity of five million passengers in order to accommodate the increase in passenger numbers until the completion of construction of the new airport.
He Fawzan told Reuters that the date for receipt of bids in the auction is the third of November.
"The project is a 15-month completion and startup in the first 2017 period."
Fozan explained that the new building aimed at the rapid absorption of the substantial increase in passenger numbers before the establishment of the new airport which was won by Al-Kharafi Company and Turkish partner.
The Turkish Limak company and its agent Kharafi National Kuwait has won the tender in August to hold the establishment of the new airport at a value of 1.312 billion dinars (4.33 billion dollars.
Riyadh
financial market may ease foreign investment restrictions
Mohammed Jadaan Chairman of the Saudi Capital Market Authority said in an interview with Reuters that the body open to ease foreign direct investment rules in the stock market to help stock the Kingdom to join the global indices.
In his first interview with an international media since taking office in January confirmed Jadaan on it There is no concern about weak trading value by foreign investors who are known as foreign institutions eligible.
As Jadaan said that the body began to touch the already positive impact of the entry of foreign investors for the first time to the $ 470 billion stock market.
The decision of the Capital Market Authority to open the stock market Saudia Arabia "trading" direct investment by foreign investors on 15 June is an important step in the economic reforms in the kingdom as it was one of the most significant developments in emerging markets.
Beirut
parliament warns against lifting the list of international aid
Lebanese Parliament Speaker Nabih Berri warned on Tuesday of promoting Lebanon's name from the list of international aid and urged NPC deputies to attend the legislative session to approve the necessary laws and to avoid this.
He said Berri "I want to wish you and I almost beg better than to woo the country, to help us and we help ourselves in order to hold a session at least have heard and read a warning, not even a threat from the World Bank that Lebanon is still on the list of aid.
"A senior Lebanese political source told Reuters that officials at the World Bank," reported Finance Minister Ali Hassan Khalil, the need to conclude prescribed by the World Bank loan before the end of the year, the end of the last extension which was approved by the bank.
"The source pointed out that" the World Bank Khelil told it is difficult to approve new loans and projects for the coming years before Lebanon approval prone to cancel the loan before the end of the year.
"The World Bank financed a number of projects Lebanese notably the initial River connecting project in Sidon in southern Lebanon to Beirut, which has a total value of $ 474 million.
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10/21/15
Kuwait
to launch a tender to create a terminal capacity of 5 million
Kuwait's Directorate General of Civil Aviation Director Yusuf Suleiman Al-Fawzan said on Tuesday that Kuwait issued a tender for the establishment of a new passenger terminal with capacity of five million passengers in order to accommodate the increase in passenger numbers until the completion of construction of the new airport.
He Fawzan told Reuters that the date for receipt of bids in the auction is the third of November.
"The project is a 15-month completion and startup in the first 2017 period."
Fozan explained that the new building aimed at the rapid absorption of the substantial increase in passenger numbers before the establishment of the new airport which was won by Al-Kharafi Company and Turkish partner.
The Turkish Limak company and its agent Kharafi National Kuwait has won the tender in August to hold the establishment of the new airport at a value of 1.312 billion dinars (4.33 billion dollars.
Riyadh
financial market may ease foreign investment restrictions
Mohammed Jadaan Chairman of the Saudi Capital Market Authority said in an interview with Reuters that the body open to ease foreign direct investment rules in the stock market to help stock the Kingdom to join the global indices.
In his first interview with an international media since taking office in January confirmed Jadaan on it There is no concern about weak trading value by foreign investors who are known as foreign institutions eligible.
As Jadaan said that the body began to touch the already positive impact of the entry of foreign investors for the first time to the $ 470 billion stock market.
The decision of the Capital Market Authority to open the stock market Saudia Arabia "trading" direct investment by foreign investors on 15 June is an important step in the economic reforms in the kingdom as it was one of the most significant developments in emerging markets.
Beirut
parliament warns against lifting the list of international aid
Lebanese Parliament Speaker Nabih Berri warned on Tuesday of promoting Lebanon's name from the list of international aid and urged NPC deputies to attend the legislative session to approve the necessary laws and to avoid this.
He said Berri "I want to wish you and I almost beg better than to woo the country, to help us and we help ourselves in order to hold a session at least have heard and read a warning, not even a threat from the World Bank that Lebanon is still on the list of aid.
"A senior Lebanese political source told Reuters that officials at the World Bank," reported Finance Minister Ali Hassan Khalil, the need to conclude prescribed by the World Bank loan before the end of the year, the end of the last extension which was approved by the bank.
"The source pointed out that" the World Bank Khelil told it is difficult to approve new loans and projects for the coming years before Lebanon approval prone to cancel the loan before the end of the year.
"The World Bank financed a number of projects Lebanese notably the initial River connecting project in Sidon in southern Lebanon to Beirut, which has a total value of $ 474 million.
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