In the fourth review of the country’s economic reform program, concluded this Wednesday, the staff of the International Monetary Fund that visited the Arab country recommended the disbursement of a new portion of the arranged USD 12 billion loan.
Author: From the Newsroom
The World Bank released a report this Wednesday. Brazil went from 125th to the 109th position. The UAE is among the top 20 countries for the first time.
The number of jobs in the sector could double in the Middle East, and tourism revenues could surge 21% in the same period.
From November 3 to 6, the city of Sharm El Sheikh should welcome over 35,000 young people from 156 countries to attend the panels, seminars and workshops. The event will be streamed online.
The forecast was made by European aircraft manufacturer Airbus, which also expects a demand for 2,720 new aircrafts in the region.
The industry’s foreign sales totaled USD 736.6 million, a drop of 9.4% in comparison to the same month of last year.
The president issued a decree that establishes a foreign investment department within the Ministry of Finance. The country is getting ready to open up some sectors to 100% foreign ownership this year.
A delegation of business executives is being put together by the Arab Chamber for the trip. The industries involved include cosmetics, coffee, grains and doors.
The 1st Eastern and Asian Studies Meeting, at UNIFESP’s Guarulhos campus on November 7-8, will address the region’s history, conflicts and identity. Nicolás Avruj, who directed a documentary in Palestine and Israel, will be there.
The North African countries have agreed to build a 609-km railroad.
Thirty-two people on a ship that had been adrift for three days on the Mediterranean Sea, 75 km off Beirut, Lebanon.
The event was scheduled for November 7, at the Arab Chamber, in São Paulo. A new date will be announced soon.
Entries for the emirate’s Zoography competition opened this Thursday. The deadline for submissions is November 25, with prizes amounting to a combined USD 27,000.
Egypt’s Minister of Petroleum, Tarek El-Molla, announced that his country will hold the first bid round for oil and gas exploration in the Red Sea before the end of the year.
