Country needs a growth rate of such a level to face the economic difficulties in 2015 and 2016, according to the minister of Finance, Hakim Ben Hamouda.
Author: From the Newsroom
The striker of the sole Arab team in the World Cup, Islam Slimani, remarks that the country has defeated its next rival, Germany, in 1982, and claims the feat can be repeated.
Decrease was caused by smaller contribution of taxes and stimulus packages offered by Brazilian government to companies.
Following a tie with Russia, the Arab national team will advance to the round of sixteen for the first time, in its fourth World Cup. The team will now face Germany.
GDP is estimated to grow by 1.6% in 2014. Previous forecast showed an increase of 2%. Smaller growth in agriculture and decline in industry are expected.
The Abu Dhabi-based airline is acquiring a 49% stake in the Italian government-owned company. The deal is now pending approval from regulators.
In the third week of June, Brazilian exports amounted to US$ 4.334 billion while imports stood at US$ 3.749 billion.
Measure was adopted to ensure the domestic supply. Benefit granted by the Foreign Trade Chamber will remain in effect until August 15th and to the limit of one million tonnes.
“The Arabs and 25th of March Street” is awarding short films depicting the presence of Arab immigrants in São Paulo. Enrolments will be accepted up until October 13th.
Supporters watched team beat South Korea 4 – 2 at stadium Beira Rio. Team has good chances to classify at the World Cup.
Dubai Film and TV Commission has launched this Sunday (22nd) a new streamlined system to facilitate the issuing of filming permits. The goal is to boost film production in the city.
The indicator for the city of São Paulo reached its lowest level ever in May, at 113.6 points, according to retail federation FecomercioSP, down 5.1% from April.
New rules for the use of internet will go into effect in Brazil this Monday (23rd). According to the law, users should have more privacy.
The Brazil-Lebanon Cultural Centre is screening productions every Wednesday up until July 9th, including Heleno, Zico na Rede and Romeo and Juliet Get Married.

