The profits of the country’s 13 listed property companies totaled USD 1.1 billion in the year’s first quarter, well above the market’s expectation.
Author: From the Newsroom
A major hydrocarbon producer, the Arab country is struggling to spur its economy into growth. A four-year-long oil price slump has made an impact on the Algerian budget.
Last month saw USD 19.2 billion worth of exports from the country, with imports reaching USD 13.2 billion and leading to a USD 5.9 billion surplus.
In order to offset losses stemming from a diesel price cut, Brazil’s federal government has put in place measures including slashing tax credits to exporting companies.
Sales of passenger cars, light utility vehicles, trucks and buses dropped by 7.11% in May from April.
Companies, research organizations and high schools from across the world can take part. Free entries are open until August 9. The Awards’ fund is of USD 3 million.
The Arab country in Africa has progressed economically, stated the IMF. The Fund disbursed USD 23.5 million to Mauritania as part of an agreement.
Non-nationals working in the country wired 17.3% more cash to their home countries in the first three months of this year.
Purchases declined by 10.1% in the four months through April, industry association Abiquim said. Imports also slid.
The Immigration Museum will have cuisine, dance, music and handcraft of over 50 nationalities on June 3, 9 and 10.
Survey shows that climbed from 25% to 34% the percentage of Brazilian micro and small business owners willing to invest in the next six months. The purchase of machinery is among the priorities.
A report from the international organization on the country stresses the need for reforms to enable medium-term growth. The IMF, however, sees Brazil resilient against external shocks.
Purchases were done in Q1, according to a survey by KMPG. Mergers and acquisitions increased 15% in the period in the country.
Brazil is going through the fourth day of a truckers’ strike, which has been impacting foreign sales, since meat cargos have been having difficulties to reach the ports. Per day, exports have declined by nearly 1,200 containers.
