A consortium formed by Shell, Total, CNPC, CNOOC and Petrobras has won the first round of tenders for exploration of the Brazilian pre-salt layer of oil.
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The growth in investment in Brazil should take place from 2014 to 2017, in comparison with the previous four years period, according to a Brazilian Development Bank (BNDES) research.
The National Bank of Abu Dhabi has been authorised to operate in the country since early this month and plans to finance Brazilian company projects in Africa, the Middle East and Asia.
Traditional Lebanese food restaurant in São Paulo will have units at shopping malls in the region, but the food will be cooked at the headquarters. The goal is to maintain quality at all outlets.
Shipments from Brazil to the Middle East and North Africa grew in September over the same month last year and totalled 4.3 million tonnes. Sales of ores boosted the figures.
The Brazilian government has heeded the pleas of foreigners living in the country, and will replace the word ‘refugee’ from their ID cards with ‘resident’. The goal is to make socioeconomic integration easier.
Saudi Arabia did not accept a seat in the United Nations Security Council due to the organisation’s lack of power to solve the conflicts of the Middle East, especially Syria.
The Brazilian female shoe brand should open a shop in Manama on Saturday (19). It will be run by the company distributor in the country. Plans forecast one more unit in Bahrain and another in Qatar in 2014.
The country had embargoed purchases of the product due to presence of the mad cow disease agent in an animal in the state. The beast, however, did not develop the disease. Liberation was in late September.
A study conducted by auditing firm KPMG shows that Gulf country is better prepared to face changes than other Arab countries and Brazil. The ranking comprises 90 countries and is topped by Singapore.
The index measured by the National Confederation of Industry stood at 53.8 points in October, below the historical average of 58.5 points. The score improved only for construction companies.
The figure concerns petroleum royalties and fees for the federal, state, and municipal governments.
The government of Brazil has sent proposals for investment agreements to four countries on the continent. The objective is to provide incentives to Brazilian company projects in Africa.
While sales to the countries in the region rose, exports as a whole dropped. The figures refer to volume. Revenues rose from January to September.
