Saudi corporate earnings growth set to jump before bourse opening

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Saudi corporate earnings growth set to jump before bourse opening

* Profits seen up 17 pct in 2014, 11 pct in 2015 * New facilities, ethylene demand support petchems * Some banks poised for rapid growth or recovery * Food makers, retailers expected to perform well * Foreign investor involvement may eventually boost profitability By Olzhas Auyezov DUBAI, Sept 16 (Reuters) - The opening of Saudi Arabia's stock market to direct foreign investment early next year is set to coincide with a pick-up in earnings growth in the kingdom, which has lagged the region in the past few years. ...

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