World Bank study shows that in 2011, for the first time ever, the number of middle-class people in the region outstripped the number of poor people.
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The expansion took place in April as against the previous month, according to unseasoned figures disclosed by the Central Bank. This was the second month running with expansion of the index.
Funds will be donated by the Islamic Development Bank. The announcement was made at a forum in the country. Arab Brazilian Chamber representatives attended the event and met with Tunisian authorities.
The country should generate 70 megawatts of electricity by 2016 and two gigawatts by 2030. The project includes solar, wind and photovoltaic energy and is in the tendering phase.
According to the International Monetary Fund, the country is being successful in its quest for a balanced budget, but debt-ridden Dubai may hamper medium-term performance.
The value of the United States currency declined this Thursday after having reached its highest peak since April 30, 2009 last Wednesday.
The expansion was greater than in the last three months of 2012, but, according to the OECD, the individual performance of the countries in the group remains unequal.
The pontifex maximus’ trip to Brazil due in July is causing an increase in demand for tickets to the country early this month. The Abu Dhabi-based airline is considering using larger aircraft during the period.
Dollar inflow into Brazil exceeded outflow by US$ 1.57 billion. Still, the performance did not prevent the value of United States currency from hiking in relation to the Brazilian real.
The country is in the 67th position in an International Chamber of Commerce ranking covering 75 countries. It is the worst positioned member of the G20 and the Brics. The UAE rank 7th.
A total of 655 projects for Northeast and South Brazil are competing in a tender due on August 23rd.
Delfrance Ribeiro was born in Minas Gerais, Brazil, but built his career in Europe. From there, the Brazilian exports women’s clothing to several regions, including Arab countries.
Driven by maize and soy crops, the balance of trade showed a US$ 285 million surplus last week, as a result of US$ 5.367 billion in exports and US$ 5.082 billion in imports.
‘New Generation Consulting’, from Lebanon, brings together researchers and entrepreneurs to study political and social issues involving the two regions. The plan is to narrow ties with Brazilian organisations.
