The Egyptian Minister of Tourism, Hisham Zazou, announced that 28 million square metres of land will be auctioned for tourism enterprises. The sales are expected to be closed by the end of 2013.
Author: From the Newsroom
The ‘Connect to Learn’ program, a partnership between telecom companies and the Arab country’s government, will take equipment and training to 1,300 students and teachers in five schools.
Chile is the country with the most developed system in Latin America, according to a World Economic Forum survey. Of the Arab countries, Kuwait climbed seven positions since 2011.
The Foreign Trade Chamber (Camex) has reduced taxes on capital goods which are not manufactured in Brazil. The measure will remain effective until June 30th, 2014.
The unit will start flying in 2014. Another order, for seven A320 models, has been replaced with larger aircraft.
Brazil’s vice president Michel Temer attended luncheon with ambassadors from the Middle East and North Africa. The government wants to hold a bilateral seminar next year.
Images published online portray the daily lives of people who have fled to Lebanon.
The figure concerns quarter three 2012. The financial institution of Arab origin remained stable as against the preceding three-month period.
The Syrian Arab Cultural Centre is holding a choir and folk dance show next Tuesday at 8:00 pm at its headquarters, in São Paulo.
The company profited US$ 2,7 billion in quarter three, as against a loss of US$ 664 million in quarter two.
The leading footwear exporting company in Brazil posted revenues of US$ 43.2 million in Q3, favoured by exchange rates. The price of exported products in Brazilian currency was up.
Paper company posted US$ 118 million in net export revenues in quarter three. The increase was mostly due to improved exchange rate conditions.
For such, the continent must eliminate trade barriers between its own countries. A World Bank analysis also shows that the region can generate over US$ 20 billion a year.
The aircraft manufacturing company managed to bounce back from losses incurred last year thanks to spending cuts and a change in income tax calculation. Net profit stood at US$ 65.2 million.

