Morocco-based company Fipar, will own a 47.6% stake in the Renault plant being built in Tangiers. The carmaker already has a plant in the country, in Casablanca, and is the local market leader.
Browsing: Economy
The auction will take place in August and aims to meet the goal of mixing 4% of the biofuel into regular diesel. The national output needs to rise from 1.2 billion litres to 1.8 billion.
The increase took place in the first six months of 2009, in comparison with the same period last year. Investment totalled US$ 15.6 billion this year, as against US$ 10.5 billion in 2008.
The International Monetary Fund may loan US$ 17 billion to poor nations over the next five years. Approximately US$ 8 billion may be disbursed by 2011.
The Brazilian Treasury Bills were negotiated in the United States, Europe and Asia. They mature in 2037 and interest rates are the lowest paid for papers of the kind.
This evaluation is by three of the main businessmen in the country, heard by ANBA in Damascus. For 10 years, Syria has been promoting reforms, but bureaucracy and lack of infrastructure hinder.
Brasília – The Brazilian flow of exchange ran a surplus of US$ 491 million up until the 24th this month, according to the Brazilian Central Bank. In the same period last year, the result was negative by US$ 2.486 billion. From July 1st to 24th, the flow of finance (investment in bonds, remittances of profits
Rio de Janeiro – The Brazilian state-owned oil company Petrobras issued a press release yesterday (28th) informing that it ranks among the world’s ten leading companies in terms of added value in the first half. It is the only Brazilian company in the top ten of consultancy firm Ernst & Young’s ranking of the largest
Estimates by the institute show growth of 0.3% in June over May. The auto industry, with a 2.9% increase in output, is the main contributing sector to the positive performance.
The optimistic forecast is the result of a survey among 1,068 micro and small businesses in the state of São Paulo. The conclusion is that 19.8% intend to hire new employees this year.
Brasília – Brazil recorded a trade surplus of US$ 653 million in the fourth week of July, from the 20th to the 26th, according to figures disclosed today (27th) by the Brazilian Ministry of Development, Industry and Foreign Trade. Sales from Brazil to foreign countries totalled US$ 3.424 billion, and purchases totalled US$ 2.771 billion.
Religion, architecture and economy were approached in dossier Arabs in Brazil, published in the History Magazine of the National Library, which will promote a debate on the matter next Tuesday in Rio.
UN and Brazilian government representatives will attend the International Media Seminar on Peace in the Middle East today and tomorrow in Rio de Janeiro to discuss peace in the region.
The part of the sea that bathes Morocco and Turkey was chosen by brand Cia. Marítima as the next summer collection’s inspiration. The blue of the water is present in swimsuits and bikinis.
