Dear Alfa International Holding Corp. shareholder, In our continuing pro-active efforts to keep investors apprised of the most relevant and timely information on Alfa and its target markets, AGORACOM is pleased to present you with this latest Industry Report. Alfa International Holdings Corp. conducts all its real-estate development business activities through its wholly owned subsidiary, Journey of Light, Inc. (JOL) A Memorandum of Understanding (“MOU”) between JOL and the Sultanate of Oman was announced August 01, 2005 for the construction of this tourism and residential real-estate development project with a presently projected construction cost of approximately U.S. $1.6 billion. Below is a brief article on the Free Trade Pact between Oman and the U.S. We believe this is a major foreign policy initiative which will enhance investment opportunities in Oman and the entire region. Please find below an article which was published by AFP Sept 26, 2006 . About AFP (Agence France-Presse): Agence France-Presse (AFP) has years of experience at the heart of the news industry, AFP is able to cover breaking and general interest news from around the world, around the clock. The AFP brand guarantees editorial quality and reliability - a reputation built since the agency was founded in 1835. . Through its regionalized operations, AFP competes to bring you the latest economic and financial news, the best of sports, as well as culture, entertainment, science and technology. AFP guiding principle: speed and accuracy. In addition, AFP offers innovative multimedia products online: text, pictures, graphics, dynamic graphics and video. AFP’s portfolio of clients includes the world's major media organizations, corporations, governments, and other international entities. Regards, AGORACOM Investor Relations To read the entire article, please use the following link: http://news.yahoo.com/s/afp/20060926/pl_afp/usomantradepolitics_060926211956 Bush signs US-Oman trade pacts most restive regions. Critics led by Democratic opponents in Congress have argued the Oman trade pact would erode labor rights both in the United States and in other countries.