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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.

04/04/2017 at 14:59h

UAE retail sector’s worth to reach USD 71 billion

The estimate for 2021 was made by the Dubai Chamber of Commerce and Industry. The sector is expected to grow 4.9% per year in the country. In 2016, Dubai added 250,000 square meters in new retail stores.

31/03/2017 at 13:17h

Economy off to sluggish start this year

Brazilian Central Bank data show economic activity dropped in January from December for the seventh month in a row, this time by 0.2%.

31/03/2017 at 13:13h

Brazil has 13.5 mn unemployed

The unemployment rate of the December to February period reached 13.2%, according to the Brazilian Institute of Geography and Statistics. Both the rate and the number of unemployed are records.

30/03/2017 at 12:30h

Central Bank sees 4% inflation

If the projection proves true, then Brazil’s Extended National Consumer Price Index (IPCA) will be lower than the midpoint of the target range set by the monetary authority.

29/03/2017 at 18:20h

Arab diaspora willing to invest in countries of origin

A research by the World Bank shows that MENA immigrants feel connected to their places of origin and want to contribute to their development. For 26%, their interest increased after the Arab Spring.

28/03/2017 at 12:48h

ILO: unemployment to grow in the world

The International Labor Organization director-general said the number of jobless people will keep climbing for years to come and questioned countries’ approaches to addressing the economic crisis.