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Friday 22 October 2004 (09 Ramadan 1425)

Investors Scuffle to Buy Etisalat Shares

JEDDAH, 22 October 2004 — Demand for shares in Saudi Arabia’s new mobile phone company is so huge that scuffles are breaking out at banks, and stock subscription forms are being sold on the black market,... Full Story


NCB Signs Agreement With SADAFCO

JEDDAH, 22 October 2004 — The National Commercial Bank (NCB) has signed an agreement here placing the stocks for the Saudi Dairy and Foodstuff Co. (SADAFCO) in the financial market and casting part... Full Story


KFH Buys Stake in Liberty Aerospace

MANAMA, 22 October 2004 — Kuwait Finance House, Bahrain has signed an agreement to acquire a 72.5 percent interest in Liberty Aerospace Inc., a privately held designer and manufacturer of single-engine... Full Story




Oil Prices Stay Above $54 on Supply Worries

LONDON, 22 October 2004 — Oil prices struggled to climb yesterday amid profit-taking but remained above $54 on worries of a winter supply crunch after a fifth straight weekly fall in US heating fuel... Full Story


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