The Center for Advanced Studies on Applied Economics (Cepea-USP) reported that despite a hike in foreign sales volume, lower prices led to a 2.7% drop in revenues.
Author: From the Newsroom
Next September, the 4th Brazilian Film Festival will see six productions featured in Beirut’s Cinema Metropolis and four at the Ishbilia Theatre and Art-Hub, in Saida.
Number of Muslim followers on the large annual pilgrimage to Mecca, Saudi Arabia, grew by 5% from 2018.
The Arab country now produces 630,000 per day, but the goal is to reach 690,000 barrels by the end of 2019. New discoveries will help.
Saudi Arabia’s state-run oil company released its first-half results for the first time. Net income was down 13%; free cash flow went up.
Year-to-date through July, Brazil shipped over 990,000 bags to the region, up 48% year-on-year. Total exports were the highest in five years.
Brazilian state-owned company will focus its efforts in gas and oil exploration and production, said the company’s president Roberto Castello Branco.
Meetings earlier this week brought together suppliers from São Paulo and representatives of retailer chains. Estimate is by the Brazilian Retail Industry Equipment and Services Association.
Brazil shipped 7.9 million pairs, up 65% year-on-year. Revenues climbed 44% to USD 84.35 million.
Egypt increased imports by 17.5% year-to-date, while the UAE acquired almost four times more, Abrafrigo reported.
The waterway connecting the Red Sea and the Mediterranean Sea yielded USD 6.3 billion for Egypt in the 2018-2019 fiscal year, which ended June.
Number of visitors reached 532,000 last month. Remittances of Jordanian expatriates surpassed USD 2.5 billion in H1.
So says the United Arab Emirates-based Center for World University Rankings (CWUR). Although it has lost positions on the global ranking, the university remains the best placed in the region.
As per statistics from the company that manages the sector, the three main ports of the Arab country saw an increase in cargo and ships in July from June. Vehicle and building materials were up.
