VOL. XLII
No. 37
13-September-1999
JORDAN
IFC Buys 500,000 Shares In Jordanian Hotel Group
The International Finance Corporation (IFC) has purchasedhalf a million shares in Arab International Hotels, substantially boostingtrading volumes on the 'Amman Stock Exchange at the beginning of September andfurther adding to the IFC痴 tourism-related investments in Jordan. However Ms.Kelly Johnson, economist at the IFC, told MEES that this investment,along with a number of ongoing hotel projects, is likely...
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