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      AMEinfo.com | 2006
    
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  <description>2006 news and features</description>
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  <copyright>(c) 1996-2009 AME Info FZ LLC / Emap Limited. All rights reserved.</copyright>
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    <title>Arab Heavy Industries to DFM</title>
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    <pubDate>Sun, 31 Dec 2006 16:08:12 +0400</pubDate>
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        The Dubai Financial Market last week listed the Ajman based Arab Heavy Industries. Arab Heavy Industries becomes the 46th company to list its shares on the DFM and it is classified within the Real Estate and Construction sector, which now includes eight public joint stock companies. The DFM listed 16 new firms during 2006, both from the UAE and wider GCC.
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    <title>OEIHC to the ADSM</title>
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    <pubDate>Sun, 31 Dec 2006 15:52:43 +0400</pubDate>
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        The Abu Dhabi Securities Market last week listed the shares of the Oman and Emirates Investment Holding Company. The listing of OEIHC's shares takes the total number of listed companies on the ADSM to 60. The Oman and Emirates Investment Holding Company is the first Omani company to be listed in the UAE.
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    <title>ASE sheds 33% in 2006</title>
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    <pubDate>Sun, 31 Dec 2006 14:19:05 +0400</pubDate>
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        The Amman Stock Exchange shed 33% this year, closing 2006 on 5,517.9 points as opposed 8,192 points at the end of 2005, reported the Jordan Times. The bourse's trading value declined by 16% to $20.2bn, while market capitalization slid 21% through the course of the year, being valued at $30bn at the end of last week.
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    <title>Jordan Aviation, $28m profit</title>
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    <pubDate>Sun, 31 Dec 2006 13:46:47 +0400</pubDate>
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        Jordan Aviation's net profit rose by 25% this year to $28m when compared to 2005, reported the Jordan Times. CEO Mohammed Khashman said the firm plans to increase its number of operating aircraft next year to boost its share of business and expand operations. This year, the company's aircraft carried more than 250,000 passengers.
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    <title>Iran, $1bn Iraq reconstruction loan</title>
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    <pubDate>Sun, 31 Dec 2006 11:14:50 +0400</pubDate>
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        Iran is to loan $1bn to Iraq for reconstruction purposes, reported the Gulf Daily News citing the IRNA news agency. Iranian Economy Minister Davoud Danesh Jafari said Iraq had committed to using Iranian contractors and experts for the various infrastructure projects. The loan will be directed towards the construction of power plants, roads, hospitals and schools.
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