Government signed an agreement with the Islamic Corporation for the Development of the Private Sector (ICD) to mobilize funds for major strategic projects in the country and expand companies’ capacities.
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The shipping company announced on its website an overland transport service from Asia to Middle East destinations via Saudi Arabia and Turkey. Some countries in the region currently lack maritime access due to the closure of the Strait of Hormuz.
In the first two months of the year, 3,400 pairs were imported from the Arab country, more than double the same period last year, according to Abicalçados data.
International agency kept Morocco’s Ba1 long-term debt rating in local and foreign currency but revised the outlook from stable to positive. Fiscal performance was one of the reasons.
Oil prices rose sharply on Monday (9) amid the conflict between the United States and Israel against Iran. Since the attacks began, the price of a barrel of WTI has increased by 70%, something never recorded over such a short period.
Qatar’s Minister of State for Energy Affairs Saad bin Sherida Al Kaabi said the conflict could force Gulf states to stop producing and supplying energy within days.
Federal decree establishes rules that may be applied when imports from a country with which Brazil has a trade agreement cause serious harm to domestic industry.
In the fourth quarter, the economy grew 0.1% compared to the third quarter, statistics office IBGE said.
The Organization of the Petroleum Exporting Countries made the decision after oil exports through the Strait of Hormuz, a tanker route, were halted due to the conflict in the Middle East.
Brazil’s monetary council approved changes that relax deadlines, reduce requirements, and expand the scope of the Financing Exports Program.
A period of fasting, but also of celebrations and donations, the holy month of Islam sees an increase in money transfers sent by foreign workers in Qatar to their home countries.
Hitachi Energy’s Guarulhos unit will deliver 14 units by September, to be used in a city being built by the Arab country.
An International Monetary Fund staff team was in Damascus from February 15 to 19 to meet with local authorities.
U.S. energy giant signed an agreement with the Iraqi government to manage and develop several oil fields.
