In the fourth quarter, the economy grew 0.1% compared to the third quarter, statistics office IBGE said.
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The Organization of the Petroleum Exporting Countries made the decision after oil exports through the Strait of Hormuz, a tanker route, were halted due to the conflict in the Middle East.
Brazil’s monetary council approved changes that relax deadlines, reduce requirements, and expand the scope of the Financing Exports Program.
A period of fasting, but also of celebrations and donations, the holy month of Islam sees an increase in money transfers sent by foreign workers in Qatar to their home countries.
Hitachi Energy’s Guarulhos unit will deliver 14 units by September, to be used in a city being built by the Arab country.
An International Monetary Fund staff team was in Damascus from February 15 to 19 to meet with local authorities.
U.S. energy giant signed an agreement with the Iraqi government to manage and develop several oil fields.
Foreign investment grew 30.3% over 2024, surpassing the target for the period. France was the top investor in Tunisia.
The Brazilian government temporarily removed tariffs on 421 capital goods and IT products and 638 types of auto parts. Additionally, 20 industrial and agricultural inputs will now enter the country duty-free.
The International Monetary Fund released a funding tranche to the country and lowered its inflation forecast after analyzing the local economy. The institution estimates Comoros’ GDP will grow more in 2026 than in 2025.
The Arab country recorded real estate transactions worth QAR 1.73 billion in the first month of the year, with the capital, Doha, posting the highest volume of deals and the most valuable properties traded.
Brazilian exports to the Arab market grew 10% compared to January of last year, reaching a total of USD 1.98 billion. Imports are declining.
Brazil’s National Treasury raised the amount through the issuance of two types of bonds—one with a 10-year term and another with a 30-year term—paying annual interest of 6.4% and 7.3%, respectively, to investors.
The Arab country is seeking support to rehabilitate its railway network, which is essential for economic growth.
