The country wants to replace old pipes with new ones in order to increase the export capacity of its southern fields. The estimated cost of the works is US$ 650 million.
Author: From the Newsroom
The world’s largest solar power plant featured in a GloboNews channel program in September 2012. The subscription channel will rerun the attraction at 11:30 pm this Wednesday (23rd).
The 16 diplomats who met with the Brazilian president this Wednesday include the representatives of Egypt, Qatar and Saudi Arabia.
The World Economic Outlook update forecasts that the world GDP should expand by only 3.5% in 2013. Projections by Brazil and the Arab countries were also forecasted down.
The Abu Dhabi airline reported gains for the second year running. Financial statements will be released in February.
The minister of Tourism said revenues were up 13% in 2012, and this year the country should see an inflow resembling pre-Arab Spring levels.
The Brazilian fostering bank loaned out US$ 78 billion last year. Industry and infrastructure led in the borrowing of funds.
It will be Jim Young Kim’s first visit to the Arab world since he assumed his post at the World Bank, in July 2012. He is going to discuss how the institution can help the country.
The former mayor of São Paulo, Gilberto Kassab, signed an agreement for joint research on sustainability between the institute from Abu Dhabi and the future Nucleus for City Studies at USP.
Brazil’s aircraft maker and AgustaWestland have announced that there are opportunities to sell equipment to the oil, executive transportation, and military industries.
Last week, Brazilian foreign trade registered its largest deficit for January, with US$ 1.7 billion, as a result of a drop in exports and expansion in imports.
New crude deposits contain the equivalent of one million barrels. The discovery took place in the province of Maysan, near the Iranian border.
The meeting for ministers will discuss financing to small and medium businesses and cooperation between countries in various areas of economy.
A project to promote Brazilian publications overseas has been extended for another two years, with a budget of US$ 1.7 million.
