The event at the Arab Brazilian Chamber was slated to happen on the 19th, but the speaker will need to go on a trip. A new date will be scheduled.
Author: From the Newsroom
The country climbed positions in rankings released by different international organizations and consolidates the image of international business hub.
An International Monetary Fund staff mission said there were political improvements, but recommended macroeconomic adjustments and warned that the refugee crisis takes a toll on the economy.
The sector’s foreign sales were up 18.5% over the same month of last year, according to the Ministry of Agriculture. Egypt was one of the highlights.
A Dubai Chamber of Commerce and Industry study shows tourism activity will pick up steam in years to come, reaching USD 56 billion in 2022. Last year, the country welcomed 15 million people.
The Tunisian airline carried 440,000 passengers last month and reached an occupancy rate of 79.3%.
The amount of beef shipped abroad from Brazil in August was the biggest since October 2013. Sales to Egypt climbed by 28%. The country was the second biggest buyer.
International sales of the product increased 34% in the first eight months of the year over the same period of 2016, according to the sector’s association Abraciclo. South America countries are the main destinations.
Exports totaled USD 4.56 billion and imports, USD 3.18 billion, in September’s first two weeks, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
From January to August, exports to Arabs climbed 5% in volume, according to the Brazilian Coffee Exporters Council (CECAFÉ). The performance is opposite to general sales, which declined 9.2% in the same period.
The sector generated USD 784 million from January to August of this year. A total of 4.6 million tourists visited the Arab country.
The number of constructed buildings in the emirate reached 913 from April to June, 162 more than in the same period of 2016. Increase in population and the urban growth rate impacted the numbers.
The power plant ended August with 100% productivity and generation of 7.23 million megawatts per hour. 2017 can be among the five best years of the Itaipu power plant since it was opened.
Financial institutions of the emirate registered a net income of AED 9 billion (USD 2.45 billion) from April to June, an increase of 4.6% over the same months of 2016.

