A batch of medication and vaccines supplied by the government of Brazil was cleared for shipping early this week. The cargo was carried by the Brazilian Navy.
Author: From the Newsroom
In the first quarter of the year, sales to the region increased by 12% to USD 2.029 billion over the comparable period in 2016.
Brazilian footwear exports to the region declined in the first quarter of this year from Q1 2016. However, sales increased to Bahrain, Syria, Mauritania, Oman, Algeria, Qatar and Tunisia.
The organization believes that world trade will grow 2.4% in 2017 and up to 4% in 2018, against only 1.3% in 2016.
Foreign sales from Brazil reached 17,400 units in the first quarter, a relevant increase over the comparable period in 2016. Whole-year exports are seen reaching 93,000 motorcycles.
Foreign sales of the Brazilian product totaled USD 501 million, an increase of 22%. In comparison to March of last year, however, sales declined 3%.
Revenue from foreign sales widened although volume went down. Lebanon, Syria and Jordan were the top Arab buyers of Brazilian coffee.
The UN agency opened a training center in Beirut, Lebanon where courses and seminars will be made available to professionals from Algeria, Morocco, Tunisia, Egypt, Jordan, Palestine, and Yemen.
The credit rating agency raised the Brazilian state-run oil company’s grade to B1 with a positive outlook. Petrobras now sits four grades below investment grade.
There was a surplus of USD 1.596 billion in the month’s first week, with USD 4.688 billion in exports and USD 3.092 billion in imports.
The event will take place in Giza on May 13. The country is pushing to broaden farming boundaries in a drive to increase output and foreign sales.
The exhibition Women’s Perspective will display pictures taken by 31 women on the most varied of topics. They are landscapes, portraits and stories from the photographers’ daily lives. The show opens April 11 in Beirut.
Container traffic increased 10.2% in the period, while the passenger terminal received over 400,000 people and the vehicle terminal around 90,000 units.
Annual core inflation rate surpassed 30% in February. The Fund’s managing director met this week with the president of the Arab country.
