A study by a North American consultancy company stated that government investment should transform the travel sector in the Gulf country. Forecasted revenues are 42.5% greater than recorded last year.
Author: From the Newsroom
Brazil’s Fernando Pimentel is going to attend the Annual Investment Meeting from April 30th to May 2nd. The goal is to introduce Brazilian projects to foreign investors.
Such was the combined capacity at the country’s 108 wind farms as of late 2012. The volume is up 73% from the preceding year.
The Brazilian trade balance surplus was US$ 627 million last week, expanding the total in the month to US$ 938 million. In the accumulated result for the year, however, the difference between exports and imports records a deficit.
The Brazilian Development Bank disbursed US$ 18.6 billion in the first quarter, growth of 52% over the same period last year.
Brazil’s Ministry of Agriculture estimates that Gross Production Value will be up 9.8% in 2013. There will be an increase in crops such as cane, rice, soy, maize, orange and beans.
Revenues climbed from US$ 7.6 billion in 2011 to US$ 8.52 billion last year. The investment company of Abu Dhabi ended 2012 with US$ 55.21 billion in assets.
According to the FAO, the international indicator’s March-on-February increase was due to an 11% hike in dairy prices.
The announcement was made on Thursday (11), by the International Monetary Fund (IMF). The tranche is part of a US$ 2.06 billion loan. The loan will be made in nine tranches.
The Brazilian maker of neonatal equipment should supply at least 70 products to a hospital slated for inauguration in Cairo this month.
A partnership between Brazil’s Agricultural Corporation, Fundação Eliseu Alves and Calderon Consulting should enable implementation of plants to make organomineral fertilizers, made from poultry and swine residue.
The Gulf country should transfer the funds through deposits and purchase of country bonds. Other loans had already been announced.
The tax on methanol has been lifted and the tax on lactose powder, silicone gel, and aluminium cans for capacitors has been reduced to 2%.
Brazil’s balance of trade showed a US$ 311 million surplus last week. Year-to-date, however, the country is running a US$ 4.845 billion trade deficit.
