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Finance

27/06/2017 at 15:51h

Current account has highest surplus for a May

Current account’s surplus stood at USD 2.884 million last month. Year-to-date, it has a deficit of USD 61 million.

26/06/2017 at 13:48h

Public debt climbed 0.26% in May

Brazil’s external and domestic debt went up last month over the previous one. The debt reached BRL 3.25 trillion (USD 1.01 trillion).

24/06/2017 at 07:00h

Morocco to float its currency

The country will leave behind a fixed exchange rate regime to better face possible external shocks and protect its foreign exchange reserves.

23/06/2017 at 13:26h

Preliminary inflation the lowest since 2006

The IPCA-15, official preliminar inflation, came in at 0.16% in June, below May’s rate. It’s the lowest percentage for the month since 2006, according to the Brazilian Institute of Geography and Statistics (IBGE).

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.