Saudi Arabia is the frontrunner, comprising half of the total project announcement in the period. Contracts value jumped 33%.
Author: From the Newsroom
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.
An event will address doing business with the region starting 9 am. Arab Brazilian Chamber secretary-general Tamer Mansour will discuss opportunities in the Middle East and North Africa at 9:50 am.
The new process will save the Brazilian food company USD 130,000 and 72,000 cubic meters of water a year.
Starting August, professor José Antonio Lima will cover subjects including the Arab spring, the political Islam, the Palestinian-Israeli conflict, the lives of women in the region, Muslims in the West. Enrolment is open.
After dropping to USD 11.5 billion late last year, foreign holdings in Egyptian treasuries increased again.
Letícia Sé created Sistema Mundo to publish reports and chronicles with international content.
Gross Domestic Product (GDP) in the country is expected to grow 1.9% in 2019 from 2.2%, and then strengthen to 3% in 2020.
Brazil’s Foreign Trade Association has toned down its predictions on imports and foreign trade. Estimates regarding exports and the trade surplus moved up.
Government decision allows that businesses operate all day, which is expected to boost trade activities and create jobs.
Airports in the country received 2.1 million passengers, up 26.5% from a year ago.
Exports from Brazil to the region grossed USD 642 million in June, up 26% year-on-year.

