The entire output, 200,000 barrels, originated from the only field in operation, Chinguetti. The country is mineral resource-rich, but half the population lives on agriculture and livestock farming.
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Security Council unanimously approved a call for an immediate and unconditional humanitarian ceasefire.
Financial institutions have once again revised down the economic growth estimate for Brazil in 2014, this time to 0.9%.
September will see the beginning of the second stage of a training program in Tamanrasset, in southern Algeria. Technicians from industry association Abragem will teach jewel cutting classes.
A US$ 10-million project will see the construction of a cold room with capacity to store 40,000 tonnes of products. The structure will benefit Moroccan exporters of fruit, vegetables and seafood.
Brazil’s monetary authority is taking actions designed to increase the amount of funds available in the country. Changes in banks’ compulsory deposits will cause more money to circulate.
Delegates from ten Middle East and North Africa companies will convene with representatives from Brazilian enterprises on August 5th and 6th during a fair in São Paulo. Registration is open until July 31st.
Qatar, Saudi Arabia, Emirates, Bahrain and Kuwait are top-ranked countries of the Human Development Index of the United Nations. In comparison to the previous study, however, only Morocco moved up.
The fund has revised down its growth estimate for the world economy by 0.3% for 2014. Q1 performance fell short of expectations. Projections for Brazil and the Middle East have been reduced.
The country climbed from the 80th to the 79th position in the United Nations’ global human development report, with a 0.744 score. The index ranges from zero to 1.
Brazilian National Treasure issued and repurchased external dollar-denominated debt bonds. Out of the total acquired, US$ 3.5 billion came from European and North American markets and US$ 50 million from the Asian one.
The airline has purchased a used unit of the ERJ-145 model to use in flights to African capitals. The Brazilian aircraft manufacturer has delivered over 50 planes in Arab countries.
The country ranks among the world’s ten most inviting countries to investment in the sector, according to a survey by Ernst & Young. It has climbed two positions in the ranking.
The Brazilian government has reduced the rates for ten products used by industry. Some are imported from Arab countries like Tunisia, Morocco and Egypt.
