The concession holder who took over control of the terminal in February plans to increase the capacity by 66% by 2017. Lower product delivery times and better services are among the changes forecasted.
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The government has repealed the import tax on two classifications of the product. Egypt answers to 28% of what Brazil imports of these items. The measure covers 80,000 tonnes to be purchases from May to July.
In this episode, Morocco Square, Sudan, Oman, Fanem, and Arab music.
Revenues climbed from US$ 7.6 billion in 2011 to US$ 8.52 billion last year. The investment company of Abu Dhabi ended 2012 with US$ 55.21 billion in assets.
The economic activity index, measured by the Central Bank of Brazil, presented a drop in comparison with January. This was the worst result for the month, in this comparison, since the figure started being recorded, in 2003.
The WTO has revised down all global trade forecasts for this year. Growth rates were 2% in 2012 and 5.2% in 2011, but this year the pace should be sluggish.
The WTO has revised down the forecast for foreign trade growth this year. There was 2% growth in 2012, and 5.2% in 2011, but growth this year should remain slow.
The announcement was made on Thursday (11), by the International Monetary Fund (IMF). The tranche is part of a US$ 2.06 billion loan. The loan will be made in nine tranches.
The Brazilian maker of neonatal equipment should supply at least 70 products to a hospital slated for inauguration in Cairo this month.
Five enterprises from the United Arab Emirates are participating in Laad Defence & Security, which will continue until April 12th. This is the country’s first time at the fair.
The Gulf country should transfer the funds through deposits and purchase of country bonds. Other loans had already been announced.
The balance of US dollar inflows and outflows in Brazil ran a deficit from April 1st to 5th. In March, a US$ 391 million surplus was recorded, following two months on a deficit.
José Roberto Mendonça de Barros believes that the country will have ‘modest’ growth in 2013, but 3% to 3.5% in 2014. Apart from that, China should maintain a high level of expansion and Japan may surprise over the next two years. He gave a talk at the Arab Brazilian Chamber.
Brazil’s balance of trade showed a US$ 311 million surplus last week. Year-to-date, however, the country is running a US$ 4.845 billion trade deficit.
