Somdiaa group should invest US$ 370 million in its companies on the continent to increase sugar production and guarantee local self-sufficiency.
Author: From the Newsroom
A group of educators and investors from the Middle East and North Africa will be in Rio de Janeiro next Monday to learn more about the teaching system at Estácio University.
Exports reached US$ 23.215 billion, up by only 0.026% compared with the same month of last year. Imports, on the other hand, were up 2.93%.
A refinery in the emirate purchased 300,000 tonnes of the product because the country’s crop was good, the currency is depreciated, and freight costs are advantageous.
A study by the International Labour Organisation forecasts that transition to the green economy should generate between 15 million and 60 million jobs and remove millions of workers from poverty.
Promoted by the World Tourism Organization and the World Tourism and Travel Council, the forum will be held on June 5th and 6th. The aim is to look into current opportunities in the industry.
Foreign sales of Brazilian capital goods generated revenues of US$ 3.9 billion in the last four months. Logistics and civil construction products that answered to the greatest share.
The Libyan Central Bank has announced the lifting of the ceiling for cash withdrawals at the country’s banking institutions. The measure becomes effective as of this Wednesday (30th).
Algiers International Fair brings together almost 1,000 exhibitors, 620 foreign, from 36 countries. Brazil is present with eight companies. Egypt is the o ‘guest of honour’ and has 61 companies.
The Brazilian minister of Development, Industry and Foreign Trade will be in Doha over the weekend. Meetings are scheduled with the country’s emir Hamad Bin Khalifa Al Thani and prime minister.
Through an agreement with bank Bradesco, the Brazilian Development Bank (BNDES) is offering a US$ 200 million line of credit. The funds may be used in purchasing Brazilian capital goods.
Survey conducted by Serasa Experian shows 0.8% pickup in Brazilian economic activity in quarter one as against the last quarter of 2011. Decline in exports and investment weighed down on performance.
The foundation opens a new cycle of the ‘Junior Scientists Research Experience Program’. Turned to citizens of Qatar and expatriates, they offer financing of up to US$ 100,000 a year.
A survey conducted by consulting firm Deloitte points out that the leading opportunities are in Qatar and Saudi Arabia.

