The United Arab Emirates was one of the drivers of Brazilian foreign sales of beef year-to-date through October.
Author: From the Newsroom
The emirate’s international airport welcomed 64.4 million people year-to-date through September, down 4.5% from a year ago. Runway rehabilitation impacted figures.
On the back of Expo 2020, the Arab country could see its fastest non-oil growth since 2016. Sustaining it after the expo is a key priority, says IMF.
Conjunto Nacional will hold activities on Moroccan culture, including a photo exhibition, a kaftan runway, and henna application from November 6 to 12. The event is open to the public and admission is free. The goal is to promote the country for potential tourists.
Saudi state-owned oil company IPO received approval by the financial regulatory authority and is set to run next December in what’s expected to be the biggest share sale in history.
The Public Authority for Industry said 1,000 companies got USD 582 million in financing over the last three years.
Foreign sales slid by 20.4% year-on-year to USD 18,23 billion. The trade surplus narrowed by 80%.
Beirut, Lebanon; Slemani, Iraq; Ramallah, Palestine; Essaouira, Morocco; Sharjah, UAE; and Muharraq, Bahrain have been added alongside 60 other cities, including Belo Horizonte and Fortaleza, Brazil.
The pre-budget statement made public by the minister of Finance works with an estimated 10% drop in revenue in 2020 from 2019. A wider deficit is expected.
Brazilian aircraft manufacturer delivered 17 commercial and 27 business jets in Q3 2019. Firm order backlog was USD 16.2 billion in late September.
Brazilian company that produces famous poultry brands such as Sadia and Perdigão signed a memorandum with Saudi officials to build a plant in the country.
The country was targeted by USD 3.6 billion in foreign direct investment in the first half of 2019, the United Nations Conference on Trade and Development (UNCTAD) reported.
President Jair Bolsonaro concluded his travel to the United Arab Emirates and, before leaving for Qatar, did an interview with local news agency WAM. He said he was extremely pleased with the way he was welcomed and said Brazil can be considered as an Arab country due to its huge number of people of Arab descent.
Brazilian mining company posted a gain of USD 1.6 billion in Q3 2019, reversing its loss in Q2.
