An executive at the organisations met with authorities and said the country has challenges, but may grow above the 3% forecasted for this year.
Author: From the Newsroom
The ‘Skywards Future Artists Competition’ looks for new artistic talents around the world. The winners will get a US$ 5,000 prize and their works will be printed in the company’s loyalty cards.
The country produced 1.5 million barrels of the commodity per day. The country is restructuring itself after protests overthrew the government.
In April, shoe parts exports decreased by 1.2% compared with March and by 8.8% compared with March 2011. Revenues reached US$ 87 million.
Sales by the company, a maker of equipment for grain storage, totalled US$ 11.8 million in the first quarter. The Middle East and North Africa was important for the performance.
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.
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.
