The deficit slid to USD 494 million, from USD 666 million in March 2018.
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According to Artur Coimbra Oliveira, director of the department of Broadband of the Brazilian Ministry of Science and Technology, data centers are a possibility for FDI. He participated in a panel on the last day of the Annual Investment Meeting in Dubai.
Agribusiness companies presented projects in an exhibit concurrent with the Annual Investment Meeting in Dubai. Over 200 meetings with investors took place.
Panelists at the Annual Investment Meeting, in Dubai, denounced protectionist practices and said businesses need to invest in competitiveness.
Leaders from the public and private sector debated the theme in the opening of the Annual Investment Meeting this Monday in Dubai.
The country is forecasting a pickup in foreign fund inflows. The subject will be covered during the Annual Investment Meeting in Dubai next week.
The emirate’s AI industry saw USD 21.6 billion in foreign funds from 2015 to 2018, according to data from the Annual Investment Meeting.
Companies interested in presenting agribusiness projects to attract funds may apply until the end of the month to participate in Brazil pavilion at the Annual Investment Meeting.
The non-oil trade volume between the two countries reached USD 53 billion. China will participate in the Annual Investment Meeting in Dubai.
The emirate’s Hamdan Centre and the World Association of Investment Promotion Agencies announced an initiative designed to help said agencies find external funding for sustainable development efforts.
The president issued a decree that establishes a foreign investment department within the Ministry of Finance. The country is getting ready to open up some sectors to 100% foreign ownership this year.
The global foreign direct investment (FDI) flows reached USD 470 billion in H1 2018, according to UNCTAD, under the impact of earnings repatriations to the US.
The country received USD 431 million in the year’s first six months. The energy sector was the main destination, followed by the industry sector.