An indicator which tracks consumption of goods by industry dropped in May from April, as welel as year-on-year in May – by 6.4%.
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The district will be part of mega development Dubai Creek Harbour. The announcement was made on the eve of the visit of China’s president to the UAE.
The Brazilian electronics manufacturer grossed USD 483.6 million with foreign sales in the second quarter of this year.
The country’s Central Bank forecasts that Egyptians working abroad will sent back home USD 26 billion in the current fiscal year.
The International Monetary Fund issued a report this Monday (16) with a revised 2018 Brazilian economic growth forecast, down from 2.3% to 1.8%.
It was the result of USD 5 billion in exports and USD 3.6 billion in imports.
The Brazilian mining company’s iron ore pellet plant in the Arab country saw output go up year-on-year in Q2.
Brazil’s economy was impacted in May by the supply crisis caused by truckers’ strike.
The main index of the São Paulo Stock Exchange went up 0.97% this Friday, to 76,594 points.
Manufacturing in the Manaus Industry Hub, where most of Brazil’s bicycle industry is, reached 327,800 units in the first half of this year.
Algerian oil company exported USD 16 billion worth of products from January to May, up 14% over the same period of last year.
Exports totaled USD 548.6 million in June, against USD 210.8 million in the same month of 2017. The hike occurred after the North American government imposed new tariffs on the product.
Banks polled by the Brazilian Ministry of Finance expect the Central Government to run a BRL 149.6 billion deficit this year, down from a prior BRL 151.1 billion.
The data was shown by an IMF executive this Thursday in Beirut in the first day of the Arab Economic Forum. He talked about the need for the region to promote inclusive growth and suggested policies for the countries to be able to reach it.
