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JOL |
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This decision follows the signing of a Memorandum of Understanding ("MOU") between JOL and the Sultanate of Oman on August 1, 2005 for the construction of a tourism and residential real-estate development project in Oman (the "Project"). Naamani Chief Operating Officer of AL JOL Information Technology. The Acquisition Agreement contemplates that following the acquisition by Alfa, the present JOL shareholders will own approximately 50% of the total outstanding shares of Alfa. |
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