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Arab investors are interested in Mexico

Arab investors are looking to sectors like Energy and Tourism. According to a report in Forbes Mexico, private funds and sovereign capital of United Arab Emirates (UAE), Qatar, Kuwait and Saudi Arabia are interested in the country.

Friday, September 2nd, 2016
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Big companies agreed to bid together to drill in Mexico

Upcoming tenders to explore in Mexico´s deepwater areas will be held very soon (Dec. 5). There are beginning to emerge some rumours about the companies concerned and possible alliances.

Thursday, September 1st, 2016
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Oil exports value increase

Oil exports value increase

According to recent Pemex´s reports, the oil company sold abroad a total of US$1.360M during July. Crude exports value had a small increase of 2.8% over the previous month.

Thursday, September 1st, 2016
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Pemex has international plans

Pemex is planning to open service stations with its image in other countries. It has the aim of diversifying its markets and start having new revenue resources. Pemex is seeking alternatives to face its difficult financial situation to remain economically viable.

Wednesday, August 31st, 2016
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Fiscal income are less dependent on Oil

During the first half of the year, the Mexican state received MXN$314B in revenues from tax collection to the oil industry, according to the Ministry of Finance and Public Credit (SHCP). This figure represented only 13.5% of state spending, something that had never been seen in Mexico.

Wednesday, August 31st, 2016
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Mexican Economy contracted

The Mexico´s economy contracted in the second quarter of 2016. It is the first drop in the last three years. According to CNN Español, the Gross Domestic Product (GDP) contracted 0.2% compared to previous period. This contraction was the first since 2Q13.

Tuesday, August 30th, 2016
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