The Gulf country has been suffering the impacts of oil’s low prices and needs to reduce subsidies, contain expenditures and address impediments to private investment.
Author: From the Newsroom
Photo exhibition showcases the daily lives of eight refugee women in Brazil. The show with photos by Victor Moriyama will open on May 1.
The Brazilian state-run bank granted loans worth a combined USD 5 billion in the first quarter. Infrastructure projects got the bulk of funding.
Trade balance had a surplus of more than USD 1 billion last week. Foreign sales increased 7% in the period and 1.8% in the month.
This is the amount of net inflows of foreign investments in the emirate’s financial market throughout this week.
The measure will be effective for six months and applies to a maximum quota of 1 million tons. The goal is to control domestic prices.
Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.
According to the Brazilian Central Bank, the deficit stood at USD 855 million in March. The Q1 deficit reached USD 7.591 billion.
The airport handled over 6 million passengers in the first quarter of 2016. Aircraft traffic increased by 1.5%.
The USD 1 billion project is scheduled to open in 2018 and will feature attractions based on the studio’s comic and cartoon characters.
A report by the bank estimates that this is the annual amount the Israeli government withholds from the Arab country. The document will be presented in Brussels to the Ad Hoc Liaison Committee for support to Palestinians.
In April’s third week, exports exceeded imports in USD 925 million in Brazil. Year-to-date, foreign trade balance registers a surplus of USD 10.9 billion.
Brazil imported 4.19 million tons of fertilizers in quarter one this year. The Arab countries supplied 749,600 tons.
The airline from Abu Dhabi holds a staff selection process on April 26, in São Paulo. The openings are for flight attendants. Only those with resume registration in the website and later approval will take part.
