Expenditure expected in 2014 is 7.7% higher than the combined value of construction projects in 2013. By the end of the year, US$ 7.8 billion will be spent on interior decoration alone.
Author: From the Newsroom
Amr Farouk is speaking at a panel on food security at an international science meeting designed to discuss poverty eradication and sustainable development next week.
Passenger throughput at the facility in the United Arab Emirates capital increased by 17.4% year-on-year in October to 1.68 million travellers.
Expenditure by tourists from Brazil in other countries declined in October due to the dollar hike. Spending by foreigners in Brazil also dropped.
The country posted a trade deficit year-to-date through the third week of November as a result of US$ 203.7 billion in exports and US$ 207.8 billion in imports.
The Brazilian food conglomerate bought Paraná state’s Big Frango and Australia’s Primo Smallgoods. According to chairman Wesley Batista, the Primo deal will heighten the company’s exposure to value-added products.
The new facility offers luxury services such as a two-way shuttle service using Mercedes Benz limousines.
There are 1,524 refugees from Syria in the country, a figure equivalent to 20% of all refugees according to figures released this Tuesday (18th) by the United Nations High Commissioner for Refugees (Unhcr) and the National Committee for Refugees (Conare).
The country grossed US$ 3.6 billion in revenues from foreign sales. Average daily exports were down 12.8% from the first week of the month. Year-to-date, there is a trade deficit of US$ 3.4 billion.
Jalazone schools, run by the UN, received US$ 1.7 million for renovation works. Expansion and modernization of facilities have impacted positively on student learning.
Last month, the Arab country received 884,000 foreigners, as against 301,000 in the comparable period in 2013. The number of overnight stays also increased.
Foreign sales dropped due to reduced production, higher domestic consumption and a decline in number of concessions for exploration areas.
Credit granted by government banks to the tourism industry in Brazil amounted to US$ 3.7 billion from January to September this year. The bulk of demand originated from hotels.
The estimate is from the Brazilian aircraft manufacturing company Embraer and concerns 70- to 130-seater units.
