Sales amounted to USD 11.3 billion year-to-date through November, with agricultural and mineral commodities leading the way.
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Country implements reforms but requires bold and comprehensive reforms to face fiscal deficit and other issues. A team from the International Monetary Fund visited Khartoum and recommended actions to protect the vulnerable sectors.
Year-to-date through November, imports grew by 5.3% from a year ago, to USD 5.058 million.
Such was the amount produced at Abu Dhabi’s Al Taweelah facility since it went operational in April.
Oil production in the country went past the 3-million-barrel mark for the first time at 3.09 million barrels per day in November.
The Brazilian cosmetics company’s licensee in the region, Millennial Capital, announced the third outlet in the emirate.
Negative current balance stood at USD 2.1 billion in November and USD 45 billion year-to-date. But foreign direct investment made up for it.
Memorandum of understanding signed last Thursday allows for research to develop a light military transport. Goal is also meeting current global demands.
In an article on the Saudi Gazette daily, Rubens Hannun argues that Brazil’s trade relations with the region have grown stronger in the wake of Jair Bolsonaro’s visit.
Estimate for Brazilian economic growth this year was increased from 0.9% to 1.2% after Q3 results.
The amount of newly established companies climbed 30.8% year-on-year in October.
The company launched its second Festival-branded venture, named Festival Plaza, with plans to see 10,000 shoppers a day. At least three more malls are slated to open in Dubai in the months ahead.
Sidnei Santos established Total Design Art two years ago. He sells furnishing and décor items built from throwaway car, yacht, airplane and motorcycle parts.
Mariam Al-Aqeel is the first woman in the position ever in the region. She’s also chair of the Kuwait Investment Authority (KIA).

