Jordanian airline recorded a USD 2.1 million net profit, against a net loss of USD 18 million a year ago.
Browsing: Economy
The region’s economy is seen growing 0.5% this year according to the UN agency, down from 0.9% in 2018.
A National Petroleum Agency division superintendent said the auctions convey information regarding the pre-salt area and bring new investors to Brazil.
The country’s fiscal deficit grew significantly narrower year-on-year in the first half, to USD 1.5 billion.
The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.
Such is the amount available for Brazilian federal companies to invest during the rest of 2019.
The increment was driven by non-oil sectors including services, industry, public works and agriculture.
Deficit at public accounts was lower than a year ago, when it reached USD 3.6 billion.
Financial institutions expects the Selic to be reduced by 0.25 percentual point in the Copom meeting this week.
Executive Board published a report about the Arab country and forecasted non-oil GDP growth at 5.4% in 2019.
The first half saw 17.2 million tons of raw steel manufactured, down 1.4% year-on-year. Exports were down 2.4%.
Loans made by Brazil’s state-run BNDES amounted to USD 25 billion in H1. Consultations and approvals declined even more.
Country received USD 2.19 billion, down 68% from a year ago. Amount was not enough to cover current account deficit of USD 2.91 billion in the month.
The value of announced merger and acquisition deals in the MENA region increased to USD 115.5 billion in H1, up 221%. Highlight is Uber’s acquisition of Careem Networks.
