Nominations are open for the King Hassan II Great World Water Prize. The award ceremony will take place at the 8th World Water Forum next March in Brasília. Arabs will be in attendance.
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The region accounted for 5.9% of total foreign sales from Brazil in October, the Brazilian Ministry of Industry, Foreign Trade and Services said. Overall exports from Brazil grossed USD 18.877 billion.
An index from think tank Fundação Getúlio Vargas climbed 2.6 points in October from September to its highest level since July 2014.
In September, nearly 1.6 million daily barrels of oil equivalent were produced in the Brazilian pre-salt, which accounted for 49.8% of the country’s total.
A Brazilian construction company specializing in housing and metal structures is set to start work in Muscat next December.
The Food and Agriculture Organization of the United Nations (FAO) said that although good practices are in place in the country, action must be taken to reduce losses.
Nizar Yagizi, Syria’s Health minister visited the Arab Chamber and said that his country is looking not only for exporters to meet the local demand, but also investors that can help in the reconstruction of the pharmaceutical industry.
An IMF report on the Middle East, North Africa, Afghanistan and Pakistan states that the region’s oil exporters will grow 1.7% this year, while oil importers will see a 4.3% expansion.
The jobless rate was 12.4% in quarter three, down 0.6 percentage point from quarter two.
The region’s exports should increase 10% this year, according to the report ‘International Trade Outlook for Latin America and the Caribbean 2017’. For the economy, the forecast shows a growth of 1.2%.
State-owned Qatar Petroleum is part of a consortium that won the tender for the Alto de Cabo Frio Oeste area, in the Santos Basin, alongside Shell and Chinese company CNOOC.
According to the country’s minister of Economy, Sultan Bin Saeed Al Mansoori, new norms should remove requirement for foreign companies to have local partners with at least 51% of the company’s capital.
The September result decreased in comparison to the same period of last year, according to data from the Brazilian Central Bank (BC).
The forecast from financial market players regarding how much prices will go up this year has widened again. Inflation is seen ending the year at 3.08%.
