The increment was driven by non-oil sectors including services, industry, public works and agriculture.
Author: From the Newsroom
A report shows that average hotel rates and revenue per available room saw their sharpest drop since 2003.
The event’s 14th edition will run from August 7 to 14 featuring 12 Arab productions, seven of which were directed by women. The event will take place at Cinesesc, in São Paulo.
Executive Board published a report about the Arab country and forecasted non-oil GDP growth at 5.4% in 2019.
Arab country was the destination of 13% of Brazilian sugar exports during the 2019/2020 crop season, which started in April.
Lebanese American University (LAU) is one of the most renowned universities in the Middle East. Students from all over the world may apply for scholarships until January 2020.
The 92-year-old Béji Caïd Essebsi led the country’s post-Arab Spring transition to democracy. The speaker of the Parliament has been sworn in as interim president and elections have been moved ahead to September 15.
The value of announced merger and acquisition deals in the MENA region increased to USD 115.5 billion in H1, up 221%. Highlight is Uber’s acquisition of Careem Networks.
Fund allowed Egypt to draw USD 2 billion, the fifth part of the USD 12 billion agreement signed in 2016. IMF acting managing director praised the reforms made by the country.
Marcelo Della Nina convened with prince Saud Bin Naif Bin Abdulaziz, the governor of Saudi Arabia’s Eastern Province, in Dammam.
Saudi Arabia is the frontrunner, comprising half of the total project announcement in the period. Contracts value jumped 33%.
KIPIC, a subsidiary of Kuwait Petroleum Corporation, will implement technologies and processes to increase Al-Zour’s output capacity.
The emirate imported USD 2.1 billion worth of food and agricultural products in 2018. The sum is down marginally from 2017 numbers.
Purchases of chemical products from other countries came out to USD 20.4 billion in the first half of the year, up 6% year-on-year.
