The Arab country imported US$ 19.7 billion in the first half. Exports, on the other hand, totalled US$ 20.7 billion, a 46.5% decrease according to figures supplied by the Algerian Statistics Centre.
Author: From the Newsroom
Foreign sales of Brazilian steel products in June generated revenues of US$ 425 million, growth of 50.2% over the performance recorded in May.
A total of 300,000 formal job positions were created in the country in the first half this year. The sector that contributed the most was agriculture, followed by services.
A partnership between Embratur and the private initiative, signed in early July, is going to increase international promotion of Brazilian destinations that offer luxury products and services.
The Oil and Gas arm of the Brazilian company found oil off the coast of Angola, in Africa. The discovery took place at the Chissonga-1 well, at a depth of 4,725 metres.
Brazilian shipments in the sector grew only to those two regions in the first half of the year. Four Arab countries ranked among the 10 leading destinations for the product during the period.
The two countries were tied in third in a survey on confidence of small and medium businessmen on the future of their economies. The survey was conducted by the HSBC bank among 12 emerging nations.
Funds shipped by expatriates to their home countries should total US$ 290 billion this year, as against US$ 305 billion in 2008. The reduction is a result of the crisis, according to the World Bank.
The Ministry of Health and the hospital are going to provide training on organ transplant to professionals. The aim is to train doctors from 16 states where few surgeries of the type are done.
Foreign sales by the sector grew 12% in June over the same month of last year, driven mainly by sales of soy, sugar and alcohol, and tobacco and its products.
The professionals, who work in strategic positions abroad, visited poultry, swine and bovine slaughterhouses, and fruit and grain production premises in various Brazilian states.
The Brazilian bank loaned US$ 21.5 billion in the first half of the year, growth of 11% compared with the same period of last year. Approvals and consultations were also record highs.
A study shows that out of total investment in the continent, only 13% comes from African countries. Egypt, Morocco, South Africa and Nigeria are among those that invest the most in the region.
This Friday (10th), Ilsa Brasil will inaugurate a factory in the municipality of Portão, state of Rio Grande do Sul, to make nitrogenated fertilizer from residue of the tanning and shoe industries.
