At Harper, Low Price is a Design Element. EURPHORIA page 49 high-tech field, in which Israel has a comparative advantage, foreign investment has increased in recent years despite the Arab boycott. For many years, major inter- national hotel chains have been operating in both Israel and the Arab countries, also in defiance of the boycott. Over 50 Israeli firms are now listed on American stock ex- changes, and the buyers of their stock are not engaged in philan- thropy. Foreign investment in Israel is still modest, but it is increas- ing, in no small measure due to the economic liberalization pro- gram which the government ini- tiated in the mid-1980s. What is largely ignored is the impact the boycott has had on the Arab economies. In an arti- cle last year in Middle East In- sight, Marwan Iskandar, an adviser to the Lebanese prime minister, noted: "Apart from questionable political propagan- da gains, the boycott hurt Arab. economic development." Natuzin LEATHER "L" Shaped Sectional As Shown Compare at $3400.00 NOW $1,795.00 Arrange this group the way you want it. Sixteen pieces available! In 1992, tiny Holland imported more than the whole entire Arab world combined. 545-3600 FURNITURE 916 N. Main, Royal Oak, N. of 11 Mile Rd. Hours: Tues., Wed., Sat. - 10-5 Mon., Thur., Fri. - 10-8 The Comparison Shopper - Buys At Harper By Appoinbnent —a. — He also confirmed that, in a number of Arab countries, "the boycott regulations were ignored and derided," and that "oil-rich Arab countries in the Gulf [GCC] endorsed the boycott ... without much enthusiasm." Thus, the euphoria in Israel about the ending of the boycott may be misplaced. Moreover, Is- rael should not have to pay a po- litical price for the abolition of the boycott, which stems from the Arab states' pursuit of their own interests and whose bene- fits to Israel are marginal. ❑ Your Home or Office olomb MM. ...... mom woll ■ migm •■■• .... .... = mown. ■ •••• ■■•■• Imnyi ■ Discover Ware beauty dEt LEVIN'S BEAUTY SUPPLY .... — = t. MOO VgPar = ..... IN ■ .1 ■ 11. custom MIMEO Discover our incredible selection of hard to find fragrances, exclusive cosmetics, beauty supplies and accessories. shirts by marlin. oi ■ Nt 11 ■ 111M Custom Shirts & Accessories At Discounted Prices ...„ Men's Fashion Ahava Products on sale this week 15% OFF New Fragrances • "Tocade" by Rochas • Horizon for Men • Son-Moon-Stars by Lagerfeld • Dolce & Cabana • Jean Paul Gaultier • Angel • Issey Miyake (men &women) • Lalique • Champagne • Donna Karan • Joop (Men & Women) • Chopard New Arrival Carder Perfume Refill 1.6 Spray BIG DISCOUNT Coordinator & Shirt Designer For 20 Years Israel Chemicals Shares For Sale The Israel Government Compa- nies Authority intends to sell up to 24.9 percent of Israel Chemi- cals (ICL) shares to an individ- ual or group of investors. Any individual or group inter- ested in purchasing between 15 and 24.9 percent of ICL shares has until the end of the month to sub- mit an application to the authori- ty. The authority will choose up to five applicants who best sat- isfy the requirements of economic stability, business experience, proven financial resources, and the ability to buy the shares and hold them. The private placement is ex- pected to be completed by the end of February. ❑ HARPER 9€0-1235 ■ ■ ■ ■ ■ ■ ■ ■ ■ In • 111 ■ II NI AN ■ SEE SPOT RUN stamping stickering emporium ch. ■ ■ ■ ■ ■ 9 Detroit "s Original Discounter ■ 32716 Franklin Rd. Franklin, MI 932-SPOT SI III - IN • II LEVIN'S BEAUTY SUPPLY West Bloomfield OPEN 7 DAYS Oak Park • 851 - 7323 r)rchaiii Lake Road In The West Bloomfield Plaza 24695 • 547 - 9669 Coolidge At 10 Mile Road 51