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Arab Real Estate Establishment Co. (ARE) shares will be available again for trading on May 21st, 2007


PSE Executive chairman Hassan Abu Libdeh announced today the availability of ARE shares for trading. ARE shares were suspended from trading on May, 6th 2007 for not announcing its disclosure for the first quarter of 2007 according to the PSE disclosure regulations. Now, after meeting the market requirements and sending its disclosure, ARE shares will be available again for trading starting from May 21st, 2007.



The ARE financial disclosure for the first quarter of 2007 shows that the company has net losses of 9,737 JOD, assets of  1,994,386 JOD, liabilities of 730,410 JOD, and shareholders equity of 1,263,976 million JOD in that period.


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