Arab Brazilian Chamber commits to preserving the Mohammed V monument, built by Moroccan artisans in a São Paulo square. The memorial was re-inaugurated this Monday.

The country wants to replace old pipes with new ones in order to increase the export capacity of its southern fields. The estimated cost of the works is US$ 650 million.

The amount of net investment into the productive sector in 2012 was second only to 2011. Services was the sector that saw the highest inflow, which was encouraged by the domestic market.