The first quarter of 2022 was positive for micro and small industries, with the best index for Q1 since 2012, reveals a survey by CNI.
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Based in Baghdad, Royal Nuts has Brazilian nuts among its products, and the item is also included in the brand’s nut mix.
This was the sixth consecutive decrease in the indicator of the Brazilian Institute of Geography and Statistics (IBGE).
The country wants to raise industry contribution to its GDP from 12.8% in 2019 to 14.5% by 2026.
The Gross Domestic Product of non-oil activities grew 5.7% in the first quarter of 2021. In the same period, total GDP fell.
A string of investments was announced by the Public Establishment for Industrial Estates (Madayn), which manages nine industrial cities in Oman, plus the Knowledge Oasis Muscat (KOM) and the Al Mazunah Free Zone.
Industry climbed month on month. Year to date through November, it was down 5.5%.
A report issued this month has shown that production costs in information technology, gas for industrial purposes, electric energy, and utilities for the auto industry are lower than in six other countries.
The Saudi Industrial Development Fund is supporting over 500 projects by deferring and restructuring loan instalments for enterprises of all sizes.
Such was the hike in 2018/2019 from the preceding fiscal year, driven by the petroleum industry. The administration expects industry to be a major driver of GDP growth this year.
Brazilian association estimates a production of 1.175 million units in 2020. Domestic market drives up the industry. Exports are down.
Decline occurred in November from October 2019 and broke a series of three months of growth, IBGE reported.
Year-to-date through November saw 2.53 million units sold, up 8.3% year-on-year, while foreign sales slid by 33.2%.
The Brazilian industry association sees a rebound in output in 2020.
