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Author: From the Newsroom
IMF published economic outlook report for the Arab country as part of its fourth review of an arrangement between both. The body approved more USD 22.8 million for Mauritania.
The Saudi Arabian state-run oil company had its initial public offering (IPO) last week. Its market value exceeds that of the world’s five biggest oil companies combined.
Brazil shipped 37.4 million bags year-to-date through November. Arab countries imported 12% more.
Last month saw USD 8.21 million worth of product shipped from Brazil last month. Meats led the way, with sales also increasing for maize, cotton, and orange juice.
Safa Jubran won Best Translation from Arabic into Portuguese. The University of São Paulo accepted the honor in Doha.
The country’s budget announced this Monday predicts a revenue of USD 222 billion and a deficit of USD 50 billion.
Year-to-date through November, exports of the product significantly climbed in volume.
The 3rd edition of the Cultural Asytlums Fair at SESC Vila Mariana will run on December 14 and 15 and feature Syrian makeup, henna and Arab dance and other activities with refugees in Brazil.
The Saudi Arabian state-run oil company’s initial public offering outdid that of China’s Alibaba. At an estimated market value of USD 1.7 trillion, Aramco is worth more than Apple.
Revenue in the month reached USD 537.5 million. Exports grossed 321,900 tons, up 3.1% from a year ago.
Last October, airline passenger demand grew by 5.9% in the region, faster than the global rate of 3.4%, IATA says
The Brazilian industry association sees a rebound in output in 2020.
According to governor of Qatar Central Bank, the improvement in the industrial production index, particularly manufacturing and hydrocarbon production, will provide a higher economic growth in H2 2019.

