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December 10, 1993 - Image 38

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-12-10

Disclaimer: Computer generated plain text may have errors. Read more about this.

OPEN

Grow with Israel!

UNTIL

8 PM !

Special Holiday Hours -
Starting Nov. 26th

Israel Growth Trust

Mon - Fri

and

10am - 8pm

Israel Growth & Treasury
Securities Trust

Saturday

10am - 5:45pm

We are pleased to offer you two new opportunities to
invest in the Israeli marketplace to take advantage of the
opportunity found there today, and get capital apprecia-
tion potential for the future.

OPEN SUNDAYS!

12 - 5pm

Why Invest In Israel?

The Sponsor of these investments believes that as the
Israeli peace process moves forward, companies
involved in the Israeli economy will be positioned to
benefit. It has created these unit investment trusts to
capitalize on this changing environment, and help you
reach your financial goals.

Diamonds
and Fine Jewelry

357-5578

What Are Your Plans
For The Weekend?
HOW ABOUT THE PUBS &
THEATRES OF ENGLAND?

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for only

$974

Leave Thursday — Return

Monday

November '93 — March '94

Complete Financial Services Since 1925
Member New York Stock Exchange, Inc.

Includes round-trip airfare from Detroit,

first-class accommodations, breakfast &

dinner daily, theatre ticket, sightseeing.

For detailed brochure ,

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Birmingham, Michigan 48009

313-645-5050 or
1-800-336-1490

ORIENTAL RUGS

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CALL TODAY! OFFERING EXPECTED 12/15/93

Information contained herein is subject to completion or amendment. A registration statement
relating to these securities has been led with the Securities and Exchange Commission. These
securities may not be sold nor may o ers to buy be accepted prior to the time the registration state-
ment becomes effective. This shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any State in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities laws of any such State.

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Please call me for a free prospectus for more complete information, including charges and
expenses. Read the prospectus carefully before you invest or send money.

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New Business Era
For Palestinians

As'ad Abdel Rahman had a dif-
ferent view of Jerusalem on his
visit a week ago.
"The last time I was in
Jerusalem, I was in jail. That
was in 1967-68," said Mr. Rah-
man, the deputy director of the
Shuman Foundation, a non-
profit organization that spon-
sors cultural events in Jordan.
This time, Mr. Rahman was
in Jerusalem to meet other
Palestinian businesspeople
from Europe, the Gulf states,
Jordan and the United States.
The two-day workshop was ini-
tiated by Faisal Husseini and
organized by Orient House,
headquarters for Palestinian
delegates to the peace talks.
"This is only a workshop to
prepare for the large conference
planned for April 1994," said
Kamel Husseini, an Orient
House staffer who is preparing
for the conference.
Mr. Husseini says the idea of
the workshop and the confer-
ence which will follow is to ap-
prise Palestinian business
people abroad of investment op-
portunities in the self-rule ar-
eas.
"We want to appeal to their
national sentiment and attract
them to invest their money
here," Mr. Husseini said.
The workshop was not pub-
licized because businesspeople
from the Gulf states and Jordan
wanted to keep a low profile,
since their governments might
question their loyalty and cause
them problems which could
jeopardize their business inter-
ests, one of the organizers ex-
plained.
"Our governments may ask
us why we are interested in in-
vesting here while we are citi-
zens of their countries. This
could cause us problems and
harm our businesses," said a
businessman from the Gulf who
asked not to be identified. He
said that for most Arab states,
coming to Jerusalem and look-
ing at investment possibilities
in the territories is still a sensi-
tive issue.
Businesspeople from Jordan
said the Jordanians are worried
that wealthy Palestinians who
live there may invest their mon-
ey in the new Palestinian enti-
ty rather than in Jordan.
At the workshop, held at the
Seven Arches Hotel in eastern
Jerusalem, Palestinian busi-
nesspeople from abroad met
with local businesspeople who
explained the investment envi-
ronment and future prospects.
"We are attending this work-
shop to look at investment pos-
sibilities. There still are lots of
questions to be answered before
we are ready to invest," said the

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