The Arab country is struggling with high public debt and lackluster economic growth, made worse by repercussions from fighting in Syria. After visiting the country, an International Monetary Fund staff team recommended a surplus-inducing fiscal plan, structural reforms and financial sector enhancement.
Author: From the Newsroom
The amount includes projects at different stages in the six Gulf Cooperation Council countries, as per market research firm BNC Network data.
Brazil’s president had a meeting with Saudi Arabia heir prince Mohammed bin Salman last Saturday (29) in Japan, in the sidelines of a G20 meeting.
A program from the ministries of Education and Foreign Affairs allows citizens from 62 countries sustaining agreements with Brazil to pursue licentiate or bachelor’s degrees in Brazilian universities. Enrolments for 2020 are open through July 31.
The World Exhibition to take place in Dubai has already invested USD 658 million in small- and medium-sized businesses. Organizers urged the sector to register for new tenders.
The UN agency’s 15th quadrennial session will take place in the Caribbean island; the United Arab Emirates is hosting the World Investment Forum and the Asia eCommerce Week.
Google Podcasts is offering 20 weeks of lessons and seed funding to Lebanon’s ‘Her Stage’ show, which will be aired in Arabic.
Number of tourists that visited these two emirates in Q1 grew 1.8% year-on-year.
The mayor of Jaboatão dos Guararapes, Anderson Ferreira, is interested in going to WETEX, an environment exhibition in the emirate. He wants to attract investment in solar power.
Exports came out to USD 4.4 billion last week, with imports amounting to USD 2.7 billion.
An initiative to be rolled out as of next Tuesday is designed to spread awareness in the state regarding the need to embrace foreign citizens and fight xenophobia.
French car manufacturer unit will produce 100,000 cars per year and expects to double this number by 2023.
The country exported 3.5% less over the first five months this year. Imports dropped by 3.1% in the same period.
The amount of foreign direct investment which entered the country from 2016 to 2018 was the 27th biggest in the world. Brazil was the 7th biggest FDI destination.
