March saw 2.5 million barrels of oil equivalent and 111 million cubic meters of gas produced per day in Brazil, the National Agency of Petroleum reported.
Author: From the Newsroom
The event’s opening this Wednesday (1) was attended by the ambassador of Brazil to the UAE, Fernando Igreja, and the head of the Arab Brazilian Chamber of Commerce’s Dubai office.
The country grossed USD 65.4 billion in revenue, with expenditure reaching USD 48 billion from January to March, leading to a USD 7.4 billion surplus.
Foreign sales reached USD 1.21 billion in the January and February. Imports decreased, but the country still accumulates a heavy trade deficit.
IMF released its economic outlooks of the Middle East, North Africa, Afghanistan, and Pakistan. The fund asks for reforms that lead to growth so that it may be possible to create jobs amid a slowing global economy, volatile oil prices, and uncertainty around trade tensions.
Airport in the emirate received over 3 million passengers during the first quarter of this year.
Sabah Al-Ahmad Al-Jaber Al-Sabah was awarded a certificate of merit for the work he has done for international economic and social development.
Contemporary Arab photography show runs in Instituto Tomie Ohtake in São Paulo.
Sales of pearls, precious stones and precious metals came out to AED 1.72 billion in January, according to the Statistics Centre.
Arab diplomats in Brazil offered a welcome dinner to the incoming Saudi Arabian ambassador to Brasília, Ali Abdullah Bahittam.
Goods removed from duty list include beef and other food products.
Emirati telecommunication company reached a 5% increase in its net profits on the first quarter this year.
The forecast includes government investment, an upswing in the economies of partner countries, and the lead-up to Expo 2020. The emirate saw 1.9% growth last year.
January and February saw USD 38 million worth of product shipped from the Arab country, up 26.6% from a year ago.

