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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.

18/04/2017 at 07:00h

Tunisia awaits USD 319 million from IMF

Staff from the Fund visited Tunis and reviewed the agreement signed with the Arab country. The health of public finance, job creation and social protection should be priorities for the economy to grow.

17/04/2017 at 18:46h

Algeria’s GDP up 3.8% in 2016

The country’s economy grew despite the oil price slump, according to the World Bank. In 2017, however, growth is expected to slow to 1.5%.

17/04/2017 at 13:12h

Economic activity up 1.31%

Brazilian Central Bank index edged up in February from January. Seasonally adjusted figures showed 0.52% growth.

12/04/2017 at 19:03h

WTO expects stronger trade growth

The organization believes that world trade will grow 2.4% in 2017 and up to 4% in 2018, against only 1.3% in 2016.

12/04/2017 at 17:10h

Retail sales down 0.2%

Sales declined month-on-month and year-on-year in February, according to the Brazilian Institute of Geography and Statistics (IBGE).

11/04/2017 at 07:00h

Unctad to train Arabs in consumer protection

The UN agency opened a training center in Beirut, Lebanon where courses and seminars will be made available to professionals from Algeria, Morocco, Tunisia, Egypt, Jordan, Palestine, and Yemen.

10/04/2017 at 14:06h

Banks lower their growth estimate for Brazil

Financial institutions lowered their growth estimate for the Brazilian GDP for this year from 0.47% to 0.41%. The data is part of the weekly survey conducted by Brazil’s Central Bank.

07/04/2017 at 18:40h

IMF vows to help Egypt curb inflation

Annual core inflation rate surpassed 30% in February. The Fund’s managing director met this week with the president of the Arab country.

04/04/2017 at 19:44h

Real estate sector up 45% in emirate

The expansion took place from 2011 to 2015 in Ras Al-Khaimah, United Arab Emirates.