Group foreign sales picked up in reals and dollars in the first quarter.
Author: From the Newsroom
The month saw USD 212 million worth of product shipped from Brazil to that region, up 60% year-on-year. The result is owed to the building of stockpiles for Ramadan.
Compagnie des Phosphates de Gafsa is working to increase sales by 55% this year, to 4.5 million tons. Protests got in the way of production, but output is on its way up now.
Paulo Cordeiro de Andrade Pinto and his wife Vera Estrela were killed in a car crash in Italy. The diplomat had a long career with the Brazilian Ministry of Foreign Affairs. He was honored by the Arab Chamber in 2014.
A new codeshare agreement for domestic destinations will provide increased options, flexibility and ease of connection for Emirates passengers flying to or from Brazil via São Paulo and Rio de Janeiro.
The number was up 2% from the first quarter of 2018. India remained the biggest source country, followed by Saudi Arabia and the United Kingdom.
The country will grant owners of electric cars temporary licenses until procedures related to licensing of the vehicles are regularized and will manufacture electric buses.
The Arab country welcomed 2.24 million foreign travelers year-to-date through April 2019. The goal is to get to 9 million by the end of the year.
Agricultural industries from Lebanon exhibit in show at Clube Atlético Monte Líbano.
Upon visit to the country, the IMF team says the local economy starts benefiting from reforms, with domestic credit growth, employment, and tourism arrivals. Oil prices and investments are expected to boost GDP.
March saw 2.5 million barrels of oil equivalent and 111 million cubic meters of gas produced per day in Brazil, the National Agency of Petroleum reported.
The event’s opening this Wednesday (1) was attended by the ambassador of Brazil to the UAE, Fernando Igreja, and the head of the Arab Brazilian Chamber of Commerce’s Dubai office.
The country grossed USD 65.4 billion in revenue, with expenditure reaching USD 48 billion from January to March, leading to a USD 7.4 billion surplus.
Foreign sales reached USD 1.21 billion in the January and February. Imports decreased, but the country still accumulates a heavy trade deficit.
