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al-Hadath: Jordanian businessmen to withdraw their investments from Israel
Jordan-Israel, Economics, 12/17/2002
The Jordanian weekly al-Hadath ( Event) said in its yesterday that Jordanian businessmen decided to withdraw their investments from Israel. It said that the deteriorated economic conditions in Israel because of the increase in military spending in oppressing the Palestinian Intifada and the absence of security led those Jordanian to withdraw their investments.
Source of al-Hadath paper estimated the Jordanian investments in Israel at USD 120 million.
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