Brazil’s foreign purchases were up 42.7% year-on-year in July, whereas foreign sales increased by 16.4%. As a result, the country’s trade surplus grew 32.7% narrower.
Author: From the Newsroom
Despite the appreciation of the last few days, the North American currency dropped in price in the month.
Brazilian industries of capital goods exported USD 4.76 billion worth of products from January to June.
Hotels in the emirate welcomed over 2.41 million visitors from January to June. An annual record is expected for the second straight year.
The Brazilian planemaker posted a net loss of BRL 467 million (USD 126.5 million) in this year’s second quarter.
The emirate’s stock exchange will offer futures market shares for major Saudi Arabian corporation starting in September.
The United Arab Emirates and holding company Masdar entered into an agreement that provides for the development of sustainable initiatives in food production.
Works are due for completion by the beginning of 2019. The new facilities will increase capacity to 10 million passengers per year, up from a current 6 million.
The emirate of Sharjah is the guest of honor of the São Paulo International Book Biennial. It will present dozens of works translated from Arabic into Portuguese during the event. There will also be cultural events and conversations with writers from the region.
One of the country’s major contemporary art exhibitions is accepting submissions from Brazilians and foreigners interested in exhibiting their works in the 2019 edition. Prizes reach up to BRL 100,000 (USD 27,910).
The award is given to individuals or institutions that have contributed to the spread of the Arab culture. Submissions by Brazilians must be forwarded to Brazil’s Ministry of Foreign Affairs (Itamaraty) until August 15.
The consortium led by the pulp and paper industry was the sole bidder in the auction held this Friday at the São Paulo Stock Exchange.
The Home & Construction workshop will be held on August 1 at the organization’s headquarters. Intended for industry businesses, the event is free of charge and registrations are open.
Spending by international tourists in the country totaled USD 3.24 billion in the year’s first six months. Number of visitors rose 8%.
