Since its inception, the African Development Bank has granted USD 845 million in loans to the Arab country, the bulk of which went to industry.
Browsing: Economy
Production by Brazil’s state-run oil company started this Wednesday (17) in an area of the Santos Basin with FPSO vessel P-66.
Consumer confidence index declined 4.1% last month over March, According to the National Confederation of Retail Managers (CNDL), the negative news coverage and rising unemployment impacted the results.
The Brazilian Ministry of Mines and Energy is planning on auctioning in September four plants whose concessions expired and which have been returned to federal government control.
The United Nations has issued a revised version of its early-year forecasts. World GDP growth expectation was kept the same, but the numbers for Latin America and Brazil worsened.
The Brazilian state-run oil company announced that procedures have begun for the divestment sale of the Azulão Field, a potential natural gas production site in the Amazonas River Basin.
Brazil’s economy grew in this year’s Q1 in comparison to the last quarter of 2016, as shown by indicator from the Brazilian Central Bank (BC).
The European Bank for Reconstruction and Development (EBRD) will provide a USD 11 million loan to a petrochemical industry company.
Damaskinos Mansour and other prelates from the Orthodox Church of Antioch toured the organization’s new facilities this Friday (12). They were welcomed by president Rubens Hannun and by board members.
In the first quarter, the state-run oil company produced 2.805 million barrels of oil equivalent per day, up 7% from a year ago.
For the first time since 2012, the airline based in Dubai, the United Arab Emirates saw net income dwindle from one fiscal year to the next.
A survey conducted by Fundação Getulio Vargas shows a 17-point hike in an index in April from January this year.
A poll of Brazilian financial institutions conducted by the Ministry of Finance points to an expected BRL 148 billion deficit this year, a wider number than the government’s BRL 139 billion target.
The architect delivered a lecture to the staff and C-level executives regarding the work he did for the organization’s new headquarters.

