The economic growth forecast from financial institutions dropped from 0.82% last week to 0.81% in this one.
The Arab country’s Gross Domestic Product (GDP) widened year-on-year in Q1. The oil industry accounts for over half of the economy.
Central Bank of Brazil’s Economic Activity Index shows an increase in the Brazilian economy in May, after four months straight in a downward curve.
A Brazilian entrepreneur has a plan to offer guidance to businesses in exporting and promoting typically Brazilian jewelry, fashion and art.
The group’s goal is to bring young people together to discuss the future of the Palestinian Cause from July 26 to 28 in Foz do Iguaçu.
The Middle East share of the world tourism market may increase from 6% to 8% by 2030, which amounts to 150 million tourists per year.
The 2019 economic growth forecast from Brazil’s Ministry of Economy narrowed from 1.6% to 0.8%.
Deficit rose to USD 3.87 billion, up 6.8% from a year ago. Exports increased by just 0.5%, while imports increased by 4%.
Most of the 15 states and regions in Brazil tracked by IBGE saw a decline in industrial output from April to May.
The first half of the year saw 51,000 tons of product shipped. Sales to Arab countries as a whole also climbed.
The organization estimates that the volume will grow by 1.14 million barrels per day from 2019 level.
The Madrid, Spain-based International Olive Council released its preliminary estimates for the 2019/2020 crop. The North African country is expected to produce 350,000 tons of oil.
Harvest to reach 236 million tonnes in 2019, 9.5 million tonnes more than last year.
The venue spanning 7,000 sqm will be home to 30,000 animals. One million visitors are expected each year.
