Report by the organization signals a stability of global GDP rather than sustainable recovery. In the country, unemployment, fiscal adjustment and indebtedness inhibit growth.
Author: From the Newsroom
The estimate for the growth of the Brazilian economy in 2017 was cut in 0.3 percentage point to 0.2%. Saudi Arabia growth estimate was cut in 1.6 percentage point to 0.4%.
With USD 2.919 billion in exports and USD 2.799 billion in imports, January’s second week registered a trade surplus.
The world’s largest aircraft will have its first daily flight to South America. The initiative marks ten years of operations by the airline in Brazil.
The 14th edition of Medibat is scheduled for March 8 to 11 in Sfax. The highlight is the space dedicated to the reconstruction of Libya, where over 200 projects will be presented.
The Gulf airline will hold a selection process for flight attendants in Belo Horizonte on January 21. Applicants are required to speak English fluently.
New set of norms for the Jebel Ali Free Zone grants more freedom to companies and allows them to list their stocks in the local stock market.
It starts on Monday in Abu Dhabi. The main event of the Abu Dhabi Sustainability Week is the World Future Energy Summit. More than 38,000 attendees, from 175 countries, are expected.
The Moroccan port handled a total of 44,615,849 tons of cargo. The transportation of vehicles, oil and passengers all increased in the period.
The minister of Mines and Energy, Fernando Coelho Filho, said that bidding rounds for the concession of onshore, pre-salt and post-salt blocks should take place this year.
Decision by the Monetary Policy Committee (Copom) was unanimous. The 0.75 percentage point cut is the deepest since 2012.
Revenues with the product’s shipments declined 7% although the volume exported by Brazil climbed 1% to 1.4 million tons.
The bank forecasts a 2.7% growth in 2017 against 2.3% in 2016. In Brazil, the recession is likely to end, and the Arab countries are expected to post a stronger performance.
According to the sector’s association, the goal is to prevent against an outbreak of bird flu. Last week, Chile reported an outbreak of the disease.
