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best2listen

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best2listen

Re: starfire post# 5798

Saturday, 07/22/2006 1:53:21 AM

Saturday, July 22, 2006 1:53:21 AM

Post# of 14027
Mypointz, You're right, the exchange was

just authorized in a final decree by the People's Committee on June 3rd. The new "stock market" has a director and, according to today's press release, the Egyptians are lending a hand in the training of the new Libyan stock market's employees:

http://www.libyaninvestment.com/news/2006-07-21-02.php

I can't imagine it becoming functional soon, but that depends on the Libyan government's priorities & it seems to be moving forward. Plans for "Grifco Oil Tools Libya" to be listed according to Lyamec's PR:

http://biz.yahoo.com/prnews/060509/latu127.html?.v=37

I agree that at Grifco's speed it probably won't be soon.

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