João Cândido, commissioned by the Petrobras subsidary, is capable of carrying one million oil barrels. The vessel was meant to be delivered in 2010.
Author: From the Newsroom
The International Federation of Association Football has accepted the country as its newest member during the congress promoted in Hungary.
The Fund has approved a US$ 9.5 million loan to the Horn of Africa country. The amount is part of a US$ 33.9 million line of credit resulting from an agreement signed in 2008.
The hydrocarbons have been found in an area drilled by Repsol, Statoil and Petrobras. According to the Spanish company, this among the most important discoveries in 2012.
The countries signed declarations in which they agree to guarantee equal legislation to foreign and domestic companies, offer conditions for corporate governance and promote sustainable development.
The conclusion was reached in a report made by 10 organisations and disclosed by the OECD. On the other end, closed markets suffocate growth and press the labour market.
The Tunisian Navigation Company has put on sale a dry bulk carrier, commissioned in 1982, and a ferry, commissioned in 1978. Those interested should send proposals up to June 5th.
Imports amounted to US$ 4.337 billion during the same period, resulting in a trade surplus of US$ 761 million.
The deputy managing director at the IMF, Nemat Shafik, stated that the countries of the Middle East and North Africa must generate more jobs, reduce deficits and seek growth of their economies.
A study by consultancy company Hays shows that South America is attractive to sector professionals from other countries. Brazil pays them an average of US$ 106,700 a year.
The 11th edition of Gitex will take place from May 21st to 24th in Riyadh. The event will feature telecommunications, systems, digital imaging, automation and consulting enterprises, among others.
The institution granted US$ 38 million for the country to rehabilitate roads leading to rural areas with strong production potential.
In the FAO convention in Rome, countries in the Middle East and North Africa called for help from the institution to reduce food losses by half and guarantee food safety.
Economic activity was up 0.15% in quarter one compared with last quarter of 2011, but down 0.23% compared with the same period of last year. Government maintains 4.5% 2012 GDP growth projection.
