The government and the local state-owned oil company have signed an agreement to drill for oil and gas near the Libyan border.
Author: From the Newsroom
In the third week of October in Brazil, exports declined by 7.3% from the average in the first two weeks of October. Imports increased and the balance of trade recorded a US$ 724 million deficit.
A partnership between the Brazilian Ministry of Agrarian Development and the Motor Vehicle Manufacturers Association provides subsidies on equipment purchases for family farmers.
A partnership between the Brazilian Ministry of Agrarian Development and the Motor Vehicle Manufacturers Association provides subsidies on equipment purchases for family farmers.
The country expects to spur its economy back to growth by reducing debt and increasing revenues and investment, in partnership with the private sector.
The country will donate US$ 5.477 million worth in rice, beans and medication to Liberia, Sierra Leone and Guinea.
According to a report from the IATA, the region should see 4.9% growth per year for the coming 20 years. An additional 237 million passengers are expected each year.
The Unctad’s Empretec Women in Business Award went to Lina Jalil Khalifeh, who founded the first women-only personal defence studio in the Middle East.
IFC, the IBRD’s private sector arm, has announced a US$ 207 million loan for building seven photovoltaic plants.
Data from the Serasa Experian indicate a 19.6% growth in default when compared to September 2013. In September from August, however, insolvency is down.
The United Nations warns that one million people need some sort of assistance and 50,000 children are on the brink of death.
The Abu Dhabi airline recorded a “sharp” increase in passenger numbers and cargo volumes in quarter three.
The cash will be loaned by Saudi Arabia and the United Arab Emirates. Egypt is repaying a loan from Qatar.
Figures from the first and second week of the month show a US$ 140 million surplus, though with a decline in exports and imports when compared to October last year.
