Arab country expects to harvest 18.5% more olives this year and produce 25% more olive oil.
Author: From the Newsroom
The Egyptian pound strengthened against the US dollar on Thursday (24), trading at 16.10 against the greenback, up 9.85% year-to-date, which was boosted by higher foreign exchange inflows.
IMF projects a growth at 6% for the Arab country in Africa this year, up from 5.5% in 2018. Strategies of positioning it as a trade and logistics hub has helped improve local economy.
Revenue from foreign sales came out to USD 9.3 billion year-to-date through September.
The upcoming edition of the conference on foreign direct investment is slated for March 2020 in Dubai. The southern Brazilian state is planning to present proposals worth as much as USD 85 million between them.
The Brazilian brand’s regional partner, Millennial Capital, has announced a business expansion across e-commerce, retail, pharma and salons in the bloc.
Fund stressed the huge number of Syrian refugees hosted in the country. However, GDP undergoes a period of weak growth.
The congressman participated in a lunch last Tuesday (15) at the residence of Kuwait’s ambassador to Brasília, Nasser Riden Almotairi.
UAE-based airline holds recruitment event in Minas Gerais’ capital city on October 19-20. They are open for applications now.
The 6th Round of the Pre-Salt Production Sharing will run on November 7 with 17 companies able to compete, the highest number in this regimen’s auctions.
Fund predicts that global GDP will grow by 3% this year and 3.4% in 2020. Brazil and Saudi Arabia may see a recovery next year.
Surplus was the result of exports from Brazil of USD 4.244 billion and imports of USD 3.799 billion.
Runoff vote was held last Sunday, and the result was announced today. Saïd is a conservative 61-years-old. He won against mogul Nabil Karoui, who is 56.
Brazilian mining company produced 2.41 million tonnes of pellets in the Arab country in Q3, down from the previous quarter.

