Samir signed an agreement with Glencore Energy UK to obtain the financing. In exchange, the company from Morocco should export oil to the British organisation.
Author: From the Newsroom
The funds are for the 2013 budget, which has not yet been voted. They were made available by President Dilma Rousseff, for ministries and state-owned organisations not to interrupt essential projects.
The Egyptian minister of Agriculture informed that his country has not stopped importing Brazilian beef due to an atypical case of mad cow disease.
According to the company that manages the site, the new wing of terminal 3 should be inaugurated in the first quarter. The space should receive just passengers of the world’s largest aircraft.
Sales of the commodity to the region dropped 18% in revenues, but rose 4% in volume. The product lived a year of low prices due to retracted global demand.
The company transferred its 25% share in exploration of a bloc in Espírito Santo to Statoil.
The shoe sector fair that takes place in January expects to receive buyers from 60 countries. It is a point of sale to foreign retailers and answers to 35% of the sector turnover throughout the year.
The country has lost ground to the United Kingdom, which it had passed in 2012. A forecast by a British institute is that Brazil should overtake the UK again, as well as France and Germany, by 2022.
At a recent meeting with local authorities, technicians of the International Monetary Fund praised measures adopted in the economy and stated that the flow of Syrian refugees is a challenge.
A research shows that agencies and travel operators from the country expect 26.8% greater turnover in the 2012/2013 season. Almost half of the demand should come from international destinations.
A US$ 40 million project will cover 21,000 square metres in the city of Marrakech. The complex will include a hospital, a hotel, residential apartments, gardens, and a pool.
The country raised US$ 1 billion in a bond issue and swapped the amount for euros, in an operation carried out with the World Bank.
Exports by the enterprises in the Brazilian Furniture project have increased by 9% from January to November. Sales to the Arab country have increased above average: 41%.
The multilateral organizations will not charge US$ 176 million because the country has achieved the completion point in a program for highly indebted poor nations.
