In Brazil, dollar inflow exceeded the outflow by US$ 995 million from the 1st to 20th.
Enterprises with overseas investment posted US$ 3.47 billion in profits and dividends in first five months of this year. The figure is much higher than the US$ 600 million in the same period of 2011.
Consumption in foreign trips reached a record in May, according to information supplied by the Central Bank, at US$ 1.8 billion.
The country plans to reach this target by 2020. For such, it has projects for wind farms and solar power plants. Mauritania hopes to use oil revenues to make alternative sources viable.
The minister of Regional Development and Planning claims that the country will build a park covering 40,000 hectares and sell the entire production to European countries.
The minister of Regional Development and Planning claims that the country will build a park covering 40,000 hectares and sell the entire production to European countries.
Agreement enables users of customer loyalty programs Smiles and Privilege Club to gain miles on flights of the two companies.
The organization signed a cooperation agreement with the Beirut Chamber of Commerce. Directors and diplomats discussed matters such as easier visa and negotiation of free trade treaty with Mercosur.
The aim is research to fight desertification in Africa and in arid and semi-arid regions. The project is a partnership between Brazil, France and the Pan-African Agency of the Great Green Wall.
FR Hueb has, since early this month, had a point of sale at Al Bahar Souq, in the emirate. The unit was opened to strengthen the company’s presence in the Middle East.
The Brazilian president stated that crisis-ridden nations should not only focus on their own challenges. China promises to aid developing countries.
Organization of the Petroleum Exporting Countries Fund will turn US$ 66 million for the economic development of 34 countries, most in Africa. Mauritania will have resources for solar energy.
At Rio+20, representatives of Algeria and Sudan highlighted the need for funding to sustainable development projects. To Ban Ki-moon, little progress has been made since the Rio Earth Summit 1992.
Dollar inflow in Brazil exceeded the outflow by US$ 516 million from the 1st to the 15th this month.
