Ambassador Paulo Cordeiro, the Brazilian Foreign Ministry undersecretary-general, told president Abdel-Fattah El-Sisi the country has “excellence areas” that can aid in Egypt’s development. The Arab nation is hosting an investment forum.
Author: Alexandre Rocha
International personalities, business executives, government officials and multilateral organizations will convene for a three-day meeting. The country wants to convey an image of stability and draw investors in.
In February, 200,000 units were manufactured, 28.9% less than in the same month of last year. Exports, however, increased 9.2%.
The showings will take place in the Universidade Federal do ABC. Wednesday (25th) evening, the four nominated movies started their scheduled screening sessions in São Paulo. Even with a storm hitting the city, the audience showed up.
The CEO of the Arab country’s Agency for Agricultural Investment Promotion, Abderrahmane Chafii, highlights fiscal incentives to projects, interest in technical cooperation and opportunities in trade.
Representatives of the organization went on a tour through the Middle East to introduce the new system, which will be implemented this year.
Ruy Pacheco de Azevedo Amaral said that he plans to support trade and bilateral cooperation, and emphasized that the Arab country is an ‘important political observation post’.
Foreign direct investment flows worldwide were down 8% to US$ 1.26 trillion in 2014, the second worst result since the 2008 crisis. Developing countries, however, saw record-high inflows.
The president, vice-president and other directors were reappointed for a two-year second term in a session of the organization’s Management Council held this Monday.
IMF reduced from 3.8% to 3.2% the GDP growth projection of the region in 2015, considering the drop of oil prices. The estimated performance, however, is still higher than the one recorded in 2014.
The Fund believes plummeting oil prices will impact economic activity positively, but other factors will detract from it. The Brazilian GDP forecast has also been revised down.
The figure was the result of US$ 13.4 billion in exports and US$ 11.4 billion in imports last year. Revenues from sales to Arab countries decreased, but sales volume increased.
Port terminal in Santos put US$ 19 million into the construction of branch railway line and bonded warehouse. Development has DP World, from Dubai, as partner.
The British magazine praises the democratic transition process, elections and new constitution. The nation is described as a “shining exception” in the troubled “Arab Spring”
