The industry of the Arab country received US$ 934 million in investment in the first five months of this year, according to official figures. Most of the funds went to the eastern region.
Author: From the Newsroom
Production was slightly above 2 million barrels per day in May. Production of natural gas saw an increase.
From January to July, foreign sales of chicken totalled 1.987 million tonnes, 3.07% more than in the same period in 2011. In revenues, there were US$ 3.819 billion, a reduction of 4.5%.
The airline had revenues of US$ 1.25 billion in the second quarter of 2012. The growth was boosted by code share agreements and partnerships that increased the number of passengers served.
The funds are provided for in an agreement signed in 2010, which covers a total of US$ 117 million. The Fund has praised the country’s economic management, in spite of drought and foreign crisis.
Shipments generated little over US$ 19 billion, 18.3% less than in the same month last year. Imports dropped 3.7% in the same comparison.
The hotel group returned animals which underwent rehabilitation to the Gulf Sea. A contest was also launched to see which of seven chosen turtles will go the farthest.
Mining company has promised to reduce emissions by 5% until 2020, based on average figures from 2008, 2010, and 2011. In 2020, emissions should amount to 33 million tonnes of carbon dioxide.
For the most part, the US$ 300 million in credit due to be granted to the African country will go to social investment. Another US$ 50 million will be loaned to micro, small and medium businesses.
According to a report disclosed by the Ministry of Finance, the 33% growth in revenues with the commodity compensated the 25% growth in expenses in the first four months of the year.
The Brazilian president pointed out the ‘historic moment’ lived by the country with the victory of Mohamed Morsi, first civilian elected president in 60 years of the republic.
Long-Term Interest Rate charged on Brazilian Development Bank financing dropped from 6% to 5.5% a year. The measure is expected to encourage investing and will apply to both old and new contracts.
The slaughterhouse is Brazil’s most international company. Vale is the one with most units abroad, according to a research by Dom Cabral Foundation.
The Arab country was the eight main destination for exports of these companies from January to May this year. But sales to the Saudis, like exports in general, dropped in comparison with 2011.
