Three private companies are investing US$ 265 million into oil well drilling in the North African country. Another contract had been signed in January.
Author: From the Newsroom
Revenues stood at US$ 416.56 million in 2013. The growth was driven by a 19% increase in rent prices at the industrial hub in the second half.
Revenues stood at US$ 416.56 million in 2013. The growth was driven by a 19% increase in rent prices at the industrial hub in the second half.
The deal involves latest-generation aircraft. India’s Air Costa will pay US$ 2.94 billion for the planes, which are due to start flying in 2018.
In 2013, government-owned companies invested US$ 47 bn, the highest sum since records started being kept, in 2000. The 16 companies comprising Grupo Petrobras disbursed a combined US$ 41.1 bn.
Foreign sales from Brazil grossed US$ 5.87 billion in January. The decline was mostly due to maize and sugar/ethanol.
Top executives have called on the emirate’s chamber of commerce to do business in the country. The organization is planning on having an office in São Paulo.
The sector’s Gross Domestic Product in Brazil should amount to US$ 430 billion, as per estimates from the Ministry of Agriculture.
The country has pledged to invest the equivalent of U$S 4.8 billion in infrastructure and social programs. The funds will be supplied by the United Arab Emirates.
Brazil shipped 2.7 million bags abroad in January, up 6% from January 2013. Revenues, however, were down 27%.
Brazilian exports of basic, semi-manufactured and manufactured goods declined in the first week of the month, while imports increased. The deficit stood at US 1.7 billion.
The UN and Arab League mediator Lakhdar Brahimi met this Monday with delegates from the Syrian opposition and government, in Geneva.
Last year, 34.9 million tonnes worth of cargo were handled at the facility. Containers alone amounted to a combined 26.15 million tonnes, up 61% from 2012.
According to an IMF survey, the West Bank and Gaza depend on successful talks with Israel in order to thrive, cut down unemployment and attract investment.

