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Finance

21/06/2017 at 16:00h

Demand for credit up 7.2%

Demand from consumers increased year-on-year in May in Brazil, credit bureau Serasa Experian reported.

20/06/2017 at 13:26h

Federal tax collection dropped in May

Taxes and contributions paid to the Brazilian federal government slid 0.9% year-on-year, but increased year-to-date through May from the year-ago period.

14/06/2017 at 18:45h

Dubai celebrates shipping industry merger

The Dubai International Financial Centre (DIFC) welcomed the United Arab Shipping Company (UASC) after the latter’s merger with Germany’s Hapag-Lloyd, creating the 5th biggest company of its kind in the world.

13/06/2017 at 13:27h

Market sees primary deficit narrowing

Brazilian banks polled by the Ministry of Finance estimate that the so-called Central Government will run a BRL 142 billion deficit this year. As of May, a BRL 148 billion deficit was expected.

12/06/2017 at 19:52h

Ministry cooperates with development bank

The Brazilian Ministry of Industry, Foreign Trade and Services entered into a memorandum of understanding with the Development Bank of Latin America this Monday (12).

09/06/2017 at 19:26h

UAE public joint stock companies worth USD 80 bn

This is the total capital of PJSC companies listed at the Securities and Commodities Authority of the Arab country.

07/06/2017 at 20:03h

Forex flow registers a surplus

Dollar inflow surpassed outflow by USD 744 million in May in Brazil. Year-to-date, the surplus is at USD 11.482 billion.

07/06/2017 at 19:09h

Emaar to sell 30% of real estate operations

The company will make an initial public offering (IPO) of its realty arm in the Dubai stock market. By the end of May, it had sold USD 2.64 billion worth of properties.

30/05/2017 at 17:01h

World Bank to support microfinance in Tunisia

The bank will offer its support to the Tunisia Entrepreneur Financial Center. IBRD will guide the Arab country’s center on how to increase its loans and develop products to small firms.

29/05/2017 at 13:27h

Banks expecting a cut in interest rate

A survey by the Brazilian Central Bank states that financial institutions are expecting the benchmark interest rate to be cut by 1 percentage point in a Copom meeting this week. Inflation forecast was revised up.

24/05/2017 at 13:47h

Federal public debt rose 0.3%

The increase took place in April over March with the debt reaching BRL 3.24 trillion (USD 988 billion), according to data from the National Treasure.

23/05/2017 at 16:05h

External accounts register surplus in April

It was the second consecutive month that Brazil’s current accounts registered a surplus. It stood at USD 1.1 billion, driven up by the trade balance.