The amount of foreign direct investment which entered the country from 2016 to 2018 was the 27th biggest in the world. Brazil was the 7th biggest FDI destination.
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Brazilian economy was down by 0.9% in the three months through April and 0.1% in the month.
The UAE’s satellite-based internet provider is offering new subscribers one month free of charge, available through June 30.
Abu Dhabi National Oil Company announced this Monday (17) the formation of a joint venture with Netherlands-based OCI N. V., expecting it to be global nitrogen fertilizer leader.
A Brazilian Central Bank index was down 0.47% in April from March, in the fourth straight month-on-month drop.
Emirates NBD survey shows that private activity increased in both countries in May. In Egypt, however, it weakened in the same month.
For the first time, the Saudi national petroleum company disclosed its public financial report and will make an unheard-of conference to present results in August.
The indicator declined 1% over Q4 2018, according to CNI.
Out of the 15 locations tracked by IBGE, ten saw industrial production increase in April from March.
The Arab country imported 1.1 million pairs from Brazil year-to-date through May, up 96% year-on-year.
The estimate regarding the Public Investment Fund (PIF) is from the Institute of International Finance. The amount could increase to USD 400 billion by 2020.
Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.
IPEA Gross Fixed Capital Formation Indicator (FBCP) increased from March, but declined year-on-year.
An office opened in the emirate’s oil industry zone, and a refinery is slated for construction.
