A delegation organized by the Brazilian government presented investment projects to a sovereign fund and other organizations in the Arab country. The Arab Brazilian Chamber of Commerce is involved.
Author: From the Newsroom
According to Cecafé, the sector’s association, Arab countries bought 1.09 million coffee bags from January to October, generating USD 179.5 million in revenues.
The Brazilian Motor Vehicle Manufacturers Association (Anfavea) said 627,820 vehicles were exported from the country from January to October, with revenue exceeding the USD 13 billion mark.
The Moroccan economy is expected to see 4.4% growth this year compared with 2016, a year of severe drought, according to an IMF staff mission to the country which ended this Tuesday (7).
The São Paulo state capital will host the regional edition of the World Economic Forum in March of 2018. The event returns to Brazil after seven years.
Under construction for over a decade, the Arab version of the world-famous museum will open its doors on Wednesday.
Tunisia’s main airline carried 280,500 people last month. The tourism sector’s recovery in the Arab country contributed to the increase in demand.
Production in 2017 is near twice as larger as the one registered five years ago. However, the country exports only 3% of the total.
The country produced 103.7 million barrels last month, which results in an average above 3.3 million daily barrels.
The sector accounted for 2.6% of the emirate’s non-oil revenues from January to August.
Sales of fresh and processed poultry increased in volume in October over the same month of 2016. Year-to-date, however, there’s still a slight decline.
They were visited by over 3.5 million guests from January to September, according to the emirate’s tourism department. Expectation is to easily surpass the 4.4 million tourists from last year.
The region accounted for 5.9% of total foreign sales from Brazil in October, the Brazilian Ministry of Industry, Foreign Trade and Services said. Overall exports from Brazil grossed USD 18.877 billion.
An IMF report on the Middle East, North Africa, Afghanistan and Pakistan states that the region’s oil exporters will grow 1.7% this year, while oil importers will see a 4.3% expansion.
