This is the first traunch of a US$ 5 billion donation that the countries of the Gulf Cooperation Council (GCC) should make to the Moroccans up to 2016.
Author: From the Newsroom
The government wants to cut the international labour force down to 33% of the total population. The goal is to increase availability of job openings for Omani citizens.
The French government will make the donation to help minimize the effects of the drought-induced food crisis taking place in the country.
The throughput in the state’s ports totalled 2.85 million tonnes in January. Most of the export went to maize and sugar.
The project will be carried out by the multinational power company GDF Suez at a cost of 450 million euros. It will be the largest wind farm in Africa, and is set to start operating in late 2014.
Terminal in Jebel Ali had a throughput of 219,000 tonnes in 2012. By 2015, Dubai’s two airports should carry a combined 3 million tonnes of cargo.
There were 56 mergers and acquisitions of companies in the area in Brazil last year. Over half the business was by foreign companies buying domestic ones.
According to a United Nations survey, the people are unable to feed properly, are malnourished, or have to sell their possessions to buy food.
A World Bank database shows that the cost of doing business among lower income nations is higher due to lower logistical quality and the dearth of links to transportation networks.
A UN agency will transfer funds to Syrian people who are currently displaced in Lebanon. The credit will be withdrawn using a magnetic card, in a system similar to Brazil’s Bolsa Família program.
Brazil’s Agriculture official Mendes Ribeiro and the Arab diplomat met this Wednesday to discuss trade affairs.
Agreement provides that the Dubai-based airline will showcase its brand at the tracks during grand prix races. During the current season, the company will feature in 15 out of 19 events.
IMF says the macroeconomic policies of the Arab country are solid, but observes that local authorities need to promote more reforms to guarantee the wellbeing of the population.
A Precautionary Stand-By Arrangement is being discussed, meaning that the country does not plan on borrowing the funds, but may do so if it needs to.
