IMF released its economic outlooks of the Middle East, North Africa, Afghanistan, and Pakistan. The fund asks for reforms that lead to growth so that it may be possible to create jobs amid a slowing global economy, volatile oil prices, and uncertainty around trade tensions.
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A delegation from the Saudi Arabian General Investment Authority paid a visit to the Arab Brazilian Chamber of Commerce in a bid to publicize opportunities in strategic sectors within the Arab country.
Sabah Al-Ahmad Al-Jaber Al-Sabah was awarded a certificate of merit for the work he has done for international economic and social development.
Financial market revised down for the ninth time in a row their projections for Brazilian economy growth in 2019.
Brazil’s internal and external debt increased in March over February.
Sales of pearls, precious stones and precious metals came out to AED 1.72 billion in January, according to the Statistics Centre.
Arab diplomats in Brazil offered a welcome dinner to the incoming Saudi Arabian ambassador to Brasília, Ali Abdullah Bahittam.
The deficit slid to USD 494 million, from USD 666 million in March 2018.
Index measured by Fundação Getulio Vargas dropped by 1.5 point in April over March because of the disappointment with the slow economic upturn.
While paying a visit to the Arab Brazilian Chamber of Commerce, Lourdes city mayor Gisele Tonchis presented agribusiness projects.
João Doria will have meetings with sovereign funds from both Arab countries. Top priorities are investments in infrastructure, agribusiness, and real estate.
Goods removed from duty list include beef and other food products.
Federal government collected USD 28 billion last month, a 0.58% drop over March last year.
Survey by the Brazilian National Company of Supply estimates a production of 33.58 billion liters for the 2018/2019 crop, a 223% increase over the last cycle.
