A World Bank report points out the need to train workers for the region’s private sector. That should foster competitiveness in the Arab world and create more job openings.
Author: From the Newsroom
An agreement between Brazil’s Poultry Union and the Export and Investment Promotion Agency provides for over R$ 5 million to be allocated to commercial promotion actions.
The projection was issued by an IMF delegation. In 2013, the Arab country’s economy may grow by 3.5%. The government is implementing an agenda of fiscal, financial and utilities reforms.
The fund reduced from 5.5% to 5.3% its forecast for growth of the Arab economies in 2012. The figure, however, is still better than the performances of 2011 and 2010.
Brazil shipped 305,700 tonnes last month, a 0.4% increase. Revenues from foreign sales reached US$ 632.7 million, down 3.4%.
Foreign sales from Brazil amounted to US$ 461 million in September, down 44% from September last year.
Revenues of Brazil with foreign trade in the year up to the first week of October dropped 5% over the same period in 2011. There was also a drop last week.
The institution has made two new financing lines available to Latin America and the Caribbean. The funds will help countries in the region to address external financial shocks and natural disasters.
Establishments are now required to submit data to the Ministry of Development concerning services provided to foreigners. Goal is to include tourism as an exporting activity from a fiscal standpoint.
The aircraft manufacturing company is going to hold a conference on October 9 and 10, in Abu Dhabi, to introduce its latest maintenance updates to business jet operators and to hear suggestions.
The Brazilian company announced the signing of an agreement for acquisition of 49% of Federal Foods, a food distributor in the Emirates. The Brazilians will have deciding power.
The government organization granted an incentive for the purchase of polypropylene film and machines used at shipyards. The former is imported from the United Arab Emirates, among other countries.
The company reached a new all-time high in daily output on September 29th, at 2 million litres, and also had record sales in the first quarter, at 145 million litres.
According to a World Bank study, countries in Sub-Saharan Africa should grow approximately 6% a year because they are benefited by rising exports and population income.
