An IMF report points out that the Arab country is seeing an economic recovery due to policy actions to mitigate the impact of the pandemic and support households, as well as increased hydrocarbon prices.
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Brazil’s president Jair Bolsonaro announced a cut in import tax rates from 16% to 12% on video games, consoles and accessories starting in July.
The International Energy Agency reported that demand is likely to rise to 101.6 million barrels per day in 2023, driven by Chinese demand.
The financial institution won the Central Banking Awards 2022 for its data sharing project.
In a lecture on the global economy, publicist and CEO of S4 Capital, Sir Martin Sorrell, said data analysis is essential for the digital sector, which is growing beyond traditional media outlets.
At the opening of the Brazil Investment Forum 2022, president Jair Bolsonaro and Economy minister Paulo Guedes presented Brazil as one of the most promising countries for foreign investment in the current global framework.
Brazil’s trade surplus of USD 4.9 billion was the lowest for the month of May since 2019.
The Arab country increased the import tariffs on a range of products on Sunday (12), including vegetables, sheep, goats and fish.
Saudi gaming company Savvy Gaming has acquired 8.1% of Swedish Embracer Group for USD 1 billion. The group owns celebrated game franchises such as Tomb Raider (pictured above) and Deus ex.
A decree by the Brazilian federal government withdrew wharfage fees levied on movements inside ports from import tariff calculations. The goal is to make purchases of imported products more affordable.
An IMF team conducted a virtual mission in the country and reported that commodity prices have exacerbated the local economic and humanitarian crisis. Yemen is a net importer of oil.
Mubadala Capital acquired two medical schools in the state of Bahia, it said in a statement.
The Brazilian company carried out the first tests in the production of the fuel, which could help the airline industry reduce CO2 emissions.
The Syrian Investment Agency announced investment opportunities for two provinces with facilitations stimulated by the government.
