IMF projects a growth at 6% for the Arab country in Africa this year, up from 5.5% in 2018. Strategies of positioning it as a trade and logistics hub has helped improve local economy.
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The deficit in goods and services trade and income transfers in September was far wider than a year ago.
Brazilians spent USD 1.3 billion during international trips in September, the highest value for the month since 2017.
Brazil’s Ministry of Environment joined the Brazilian pavilion at energy industry show Wetex. Concessions for six parks are expected to be awarded by the end of next year.
Revenue from foreign sales came out to USD 9.3 billion year-to-date through September.
Data from credit bureau Serasa Experian shows 284,000 companies were started in August in Brazil, up from July and from August 2018.
The upcoming edition of the conference on foreign direct investment is slated for March 2020 in Dubai. The southern Brazilian state is planning to present proposals worth as much as USD 85 million between them.
Brazil’s Federal Revenue reported BRL 114 billion collected, up only 0.06% from September 2018, but still the highest amount for the month since 2014.
The Brazilian brand’s regional partner, Millennial Capital, has announced a business expansion across e-commerce, retail, pharma and salons in the bloc.
The IPCA-15 official inflation index preview was 0.09%.
There are provisions for major spending cuts and a fiscal deficit of just 0.6% of GDP. The country is shaken by mass protests prompted by deteriorating economic conditions.
Sugar and alcohol industry association participates in the show that has started this Monday (21) in the United Arab Emirates. The Ministry of the Environment is also in the stand organized by the Arab Chamber.
Output climbed 9.3% for oil and gas, and 3% for oil and gas products quarter-on-quarter.
Fund stressed the huge number of Syrian refugees hosted in the country. However, GDP undergoes a period of weak growth.
