Regional stock market indices Regional currency rates ARAMEX launches 30,000 square foot one-stop shop at Heathrow Dubai-listed transportation and logistics solutions provider ARAMEX announced the merger of three of its European companies into one 30,000 square foot one-stop-shop at Heathrowairport, outside London. As such, upon the acquisition of UK-based Priority Airfreight and Dublin-based TwoWay Vanguard, ARAMEX unified these two companies with its Heathrow operations at ARAMEX House, its new premises in Heathrow. ARAMEX reported net profits of AED95.2 million ($26 million), up 28% year-on-year. Al Baraka posts 20% increase in net profits to $123.7 million Al Baraka Banking Group (ABG), an international Bahraini-based Islamic Bank, recorded net profits of $123.7 million, up 20% from $102.9 million in 2005. The bank’s total assets were at $7.6 billion, up 21% for the same period, while costumer deposits rose 15.3% to $6.2 billion. ABG underwent an initial public offering in June 2006, leading