JEDDAH, 8 November 2007 — A Romanian economic mission will visit Saudi Arabia and Bahrain from Nov. 10-15. The team will have meetings with the chambers of commerce and industry in Jeddah on Nov. 10, Riyadh on Nov. 12, Dammam on Nov. 14 and Bahrain on Nov. 15.
Total Net Profit Rises 29 Percent
Associated Press
PARIS — French oil company Total SA said yesterday that third-quarter net profit rose 29 percent thanks to record oil prices and increased production. Net profit in the three months through September rose to 3.12 billion euros ($4.54 billion) compared with 2.42 billion euros a year earlier, Total said in a statement. Third-quarter sales rose 3 percent to 39.43 billion euros ($57.36 billion).
Business Confidence in S. Africa Falls
Agence France Presse
JOHANNESBURG — Business confidence in South Africa has plunged to a three-year low amid uncertainty in international markets and local policy shifts, a chamber of commerce survey revealed yesterday. “The BCI, after bouncing back to 98.7 in September 2007, dropped to 96.9 in October 2007 which is the lowest level for the BCI since June 2004 and a new low for 2007,” said the survey by South African Chamber of Commerce and Industries (SACCI).