The Arab country started this week the works for a mill to have capacity to generate up to 60 megawatts. The enterprise will be in country capital Nouakchott and will cost 54 million euros.
Author: From the Newsroom
The meat packing company’s foreign sales revenues stood at R$ 848 million in quarter one this year. Exports accounted for 66.8% of total sales.
All affiliated companies combined have posted US$ 845 million in profit in the fiscal year ended March 31, 2013. Emirates Airline profited US$ 622 million.
A report released by a United Nations agency this Wednesday (8th) shows that the city’s participation in Palestine’s economy has declined.
The country manufactured 1.17 million units in the first four months this year, according to information from industry association Anfavea. The figure is an all-time high for the period. A historical record was also set in April.
There was a vigorous return to economic activity, according to information disclosed by the IMF, which concluded a delegation to the country last week. Services, agricultural production and building moved the performance.
Figures released by the Brazilian Ministry of Development, Industry and Foreign Trade show increased sales of manufactured and basic goods.
The new Tunisian ambassador to Brasília, Sabri Bachtobji, called for increased mutual attendance to fairs by businessmen from both countries. He received the Arab Brazilian Chamber’s Foreign Trade VP Rubens Hannun.
The International Monetary Fund does not rule out hazards to the region’s economy. These include a weak recovery of the United States and a decline in demand for commodities.
On Saturday (4th), Alexandre Padilha will inaugurate a medical centre built in Hebron with funds supplied by Brazil. He should also meet with Palestinian authorities.
Profit by the Brazilian branch of the Arab Banking Corporation in the first quarter of this year is 0.8% higher than in the last quarter of 2012 and 5.6% higher than in the first three months of 2012.
Foreign sales fostering project Brazilian Furniture targets nine countries, including the Emirates. Shipments saw a slight decline in quarter one.
The Brazilian food company posted US$ 1.54 billion in export revenues in quarter one. The Middle East is the main target market, with over US$ 499 million in imports.
The country’s export and investment promotion agency was among the winners of the United Nations (UN) award. Organisations from Jamaica and Latvia also won.
