Manufacturing in the Manaus Industry Hub, where most of Brazil’s bicycle industry is, reached 327,800 units in the first half of this year.
Author: From the Newsroom
The first half of the year saw 564,000 60-kg bags of the product shipped to the region. Revenue, however, was down 11.6% to USD 86 million.
Algerian oil company exported USD 16 billion worth of products from January to May, up 14% over the same period of last year.
The data was shown by an IMF executive this Thursday in Beirut in the first day of the Arab Economic Forum. He talked about the need for the region to promote inclusive growth and suggested policies for the countries to be able to reach it.
A refund system of the value-added tax on goods and services will be implemented in this year’s Q4.
Dubai will host, in January, a conference to promote the industry’s business and the country as an international hub for the sector.
Foreign sales from Brazil were down 2.6%, while purchases were up 11.7%. The resulting trade surplus exceeded USD 1 billion.
The 50th International Shoe and Accessories Fashion Fair (Francal) will take place at Expo Center Norte and the industry outlook is good. Guest importers include 11 Arab ones.
The Deslocamento Criativo project will be launched on July 14, in São Paulo, and will offer a snapshot of the opportunities and challenges to immigrants from Africa and the Middle East.
An association in the Arab country is accepting entries from pianists aged 10 to 32 for a contest next November. The Embassy of Brazil in Rabat is offering a prize for best performance of a piece by a Brazilian composer.
Fundação Biblioteca Nacional has entries open until August 13 to foreign publishing houses interested in obtaining financial support to publish the works of Brazilian writers in their countries.
Industry players will convene next August in Paraná for the Brazilian Forum of Dry Bean, Pulses and Special Crops. The event will also be joined by the Global Pulses Confederation (GPC), which is based in Dubai.
A provisional measure that creates the program Rota 2030 was signed this Thursday (05), aiming to make the Brazilian auto industry adapt to the new global challenges in the production and use of cars.
The industry grossed USD 492 million in the first half of this year. The country welcomed 3.23 million tourists during that time.
