Fund predicts that global GDP will grow by 3% this year and 3.4% in 2020. Brazil and Saudi Arabia may see a recovery next year.
Browsing: Arábia Saudita
Foreign Trade, Port Management and Logistics Symposium at Univali in Itajaí, Santa Catarina will feature a lecture by the Arab Chamber on the 17th. Entrance is free.
Brazil’s president is slated to travel to the UAE, Qatar and Saudi Arabia from October 25 to 31. The Ministry of Foreign Affairs said the trip is intended to publicize investment opportunities in Brazil and foster exports.
The country grossed USD 65.4 billion in revenue, with expenditure reaching USD 48 billion from January to March, leading to a USD 7.4 billion surplus.
Marcelo Della Nina presented his credentials on Sunday at the Al-Yamamah Palace, in Riyadh.
A poll by Ernst & Young shows that 33% of 2,700 respondents from medium-sized businesses envision strong expansion this year.
The budget deficit of the Arab country shrank to SAR 7.3 billion (USD 1.97 billion) in Q2 2018. In Q1 2018, it was SAR 34.4 billion (USD 9.29 billion).
The emirate’s stock exchange will offer futures market shares for major Saudi Arabian corporation starting in September.
The Organization of the Petroleum Exporting Countries increased output in 35,000 barrels per day in May. Saudi Arabia alone increased its production in 85,500 barrels.
The Brazilian president and Salman Bin Abdulaziz spoke on the phone. Saudi Arabia is Brazil’s leading partner in the Arab world.
The Arab country’s Energy minister Khaled Al Faleh made the statement on the same day that USA president Donald Trump criticized the OPEC for driving prices up.
