The project includes luxury houses, a water park and five floating hotels, using cruise ships. Called Oryx Island, the complex will be developed by Barwa Real Estate.
Brazilian financial institutions have once again revised down their 2013 GDP growth estimate, this time from 2.98% to 2.93%.
The Brazilian maker of connectors has a representative in Lebanon and prospects potential clients in the region. Entry in the Middle Eastern market should increase exports by 30%. One of the partners has Lebanese roots.
Exhibition Palestinian Roots brings typical clothes, handicraft and historic items of the country. An exhibition in Novo Hamburgo opens on the 28th, with debates about Arab culture.
A survey from Financial Times Group division fDi Intelligence considers the number of foreign projects in which these countries have invested.
The agreement has been forwarded by the president two weeks after a visit of the Egyptian president Mohamed Morsi to Brazil. The treaty is pending ratification from the parliaments of the countries involved.
Inova Energia will fund innovative electric power technology projects. A total of 373 companies have submitted projects in areas such as intelligent networks, and alternative sources.
The forecast is by the IMF, which issued a press statement showing that the country is restructuring, but needs to implement projects for economic development and to increase transparency.
The funds will be invested in public services, energy, sanitation, social security, education and administrative reforms.
Entrepreneurs who participated in the business roundtables at Hospitalar Fair, in São Paulo, compare Brazilian products to the top products worldwide and promise to place orders.
Revenues from foreign sales amounted to US$ 1.9 billion in the first four months this year. Egypt was the sixth leading buyer and the United Arab Emirates rank tenth.
The first round of tenders under the shared oil production regime will take place in October. It was previously scheduled for November.
The country accounted for 12% of foreign sales by Brazilian cooperatives from January through April. Total export revenues stood at US$ 1.838 billion, the highest figure ever.
The Ministry of Trade of Iraq has issued tenders for the purchase of 30,000 tonnes of sunflower oil and 50,000 tonnes of sugar. Participation is open to local and foreign companies.
