In the first half of the year, the Arab bank had a net profit of US$ 514 million. Total assets reached US$ 71.1 billion, up 11.7% from 2013.
Author: From the Newsroom
A mission from the Fund has given a positive assessment of the country’s election calendar, fiscal performance and subsidy reductions, but noted that the economy remains fragile.
The Moroccan airline has signed a lease contract for four E190 jets. The units will fly in routes to Europe and West Africa.
Brazilian exports grossed US$ 4.869 billion and imports amounted to US$ 5.109 billion, resulting in a US$ 240 million deficit.
Exports by Brazilian footwear companies were up 3.5% June-on-June, following three straight months of decline. In the first half, however, sales were down 2.6%.
The Brazilian Ministry of External Relations (Itamaraty) will issue multiple-entry visas to Lebanese citizens as informed to Lebanon’s FM, Gebran Bassil, who is visiting the country. Lebanese minister asked Brazil’s help in Middle Eastern conflicts.
Codeshare agreement was entered into this week. Passengers of the airlines based in Abu Dhabi and Brazil will pay a single rate for tickets to all destinations served by the two companies.
Brazil shipped 734,606 bags to the region in the first semester. Revenue, however, fell by 10% in the same period and stood at US$ 97 million.
The airline from Abu Dhabi grossed US$ 3.2 billion in the first six months of the year and carried 6.7 million passengers, up 22% from the first half of 2013.
Such is the additional revenue the championship should bring to over 40,000 micro and small Sebrae-affiliated businesses. The best opportunities were in construction, tourism and services.
The daily average was up 17% in the first four business days of July from the average in July last year, according to Brazil’s Development Ministry. Foreign sales of semi-manufactured goods grew the most.
Index measured by FAO declined in June for the third month in a row. Cereals, vegetable oils and dairy products are cheaper.
The United Nations High Commissioner for Refugees warned about the situation of those who escaped from conflict in Syria. Currently 2.9 million are in Lebanon, Jordan, Turkey, Iraq and Egypt.
Report by Unctad on the continent says African growth is not sustainable as it is based on consumption. Organization calls on countries to invest in infrastructure, agriculture and industry.
