Dubai-based airline posts positive results, but claims ‘stifling’ oil prices caused gains to plummet. Revenues reached US$ 17 billion in the fiscal year ended March.
Author: From the Newsroom
Sector sales dropped by 11.4% last month compared with the same month last year, resulting from poor performance of soy bean, oil and chaff, sugar and ethanol exports. Revenues reached US$ 7 billion.
In a report about perspectives for the region, the International Monetary Fund also recommends that the countries of the Middle East and North Africa invest in human capital.
Over 250 women are expected at the African Women Leadership Conference next June in Gambia.
Emirati tourism industry should grow by 6.5% a year until 2021 according to World Travel and Tourism Council. The country should receive more tourists from regions such as Latin America and Asia.
Automaker Mercedes-Benz has inaugurated a new lorry plant in Juiz de Fora, in the state of Minas Gerais. The light and extra heavy trucks will be sold on the domestic and foreign markets.
Argentina, United States and Uruguay were the leading sources of tourists to Brazil last year. The total number of visitors was 5.4 million.
Six innovative initiatives should be contemplated with US$ 20,000 each at an event in Doha, in November. Enrolment is open to compete for the award, granted by a foundation in the country.
A study by the Food and Agriculture Organization of the United Nations shows that prices dropped in March, but that they are above those practiced prior to the 2008 crisis.
The country bought 4,300 tonnes of aluminium and products from the Arab world in the first quarter of this year. The main supplier was Bahrain and the main items bought were cables and residues.
The sugarcane crop in the Brazilian Mid-South will reach 508 million tonnes, according to Archer Consulting. That will produce 21.2 billion litres of ethanol and 32.5 million tonnes of sugar.
The proposal was discussed during the Regional Conference of the United Nations’ Food and Agriculture Organization, held in Congo.
The agricultural industry show will be held in Ribeirão Preto this week and expects record-high visitation. There will be business matchmaking rounds with importers.
The country will have its own pavilion at the 13th Offshore Technology Conference, the world’s leading oil industry fair, due in the United States starting next Monday (30th).
