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23/05/2017 at 19:03h

UAE investor mood improves

An index from the First Abu Dhabi Bank shows that the outlook of major investors in the United Arab Emirates has improved this month. Tourism and a stable currency are fueling their optimism.

19/05/2017 at 17:21h

IMF forecasts 0.2% growth for Brazil

The International Monetary Fund is expecting the Brazilian economy to grow marginally in 2017 and then for growth to pick up to 1.7% in 2018.

17/05/2017 at 19:09h

Consumer confidence dropped in April

Consumer confidence index declined 4.1% last month over March, According to the National Confederation of Retail Managers (CNDL), the negative news coverage and rising unemployment impacted the results.

16/05/2017 at 16:52h

UN: world economy gains strength

The United Nations has issued a revised version of its early-year forecasts. World GDP growth expectation was kept the same, but the numbers for Latin America and Brazil worsened.

15/05/2017 at 13:57h

Economic activity up 1.1%

Brazil’s economy grew in this year’s Q1 in comparison to the last quarter of 2016, as shown by indicator from the Brazilian Central Bank (BC).

11/05/2017 at 13:45h

Brazil’s economic climate improves

A survey conducted by Fundação Getulio Vargas shows a 17-point hike in an index in April from January this year.

04/05/2017 at 18:24h

Kuwait posts current account deficit

The price of oil weighed down on the country’s finances in 2016, and on its transactions with the rest of the world. The deficit was to the tune of 1.5 billion Kuwaiti dinars.

02/05/2017 at 15:11h

Market revises down inflation estimate

The National Consumer Price Index forecast dropped for the eighth week in a row, to 4.03% per annum, according to the Central Bank’s Focus Bulletin.

28/04/2017 at 14:36h

Total of new companies increases 6.6%

Survey by Consulting firm Boa Vista SCPC shows the opening of new companies in Brazil increasing at a faster pace. Individual micro-entrepreneurs and micro-companies drove the increase.

25/04/2017 at 16:00h

Overseas spending by Brazilians up 50%

Expenditure on international travel reached USD 4.47 billion in the first quarter of the year. The result was fueled by appreciation of Brazil’s currency, the real.

19/04/2017 at 20:05h

Jordan expecting 3% growth this year

The projection is from the country’s government, which also forecasts that exports will increase by 8%.

18/04/2017 at 20:13h

IMF forecasts pickup in world economy

The International Monetary Fund expects 3.5% growth in 2017 and 3.6% in 2018, up from 3.1% in 2016. Brazil is seen finding its way out of recession, and growth in the Middle East should lose steam.