The Brazilian food-processing company joins the sovereign wealth fund of the Gulf country to acquire Banvit, the largest Turkish poultry company. The company’s enterprise value is USD 470 million.
Author: From the Newsroom
The organization registered 16,800 new companies last year, bringing the total number of members to 201,000.
Exports went up 7.5% and imports increased 8.5% in the year’s first week, according to data made available by the Brazilian government.
According to UN survey, 71% of refugee families live below the poverty line.
The assessment was made by the chief economist at The Economist Intelligence Unit, Simon Baptist, to whom the currency of the Arab country, after a sharp decline, could rise 14% against the US dollar.
The sector’s association renewed its agreement with Apex-Brasil for the 2017-2018 two-year period. In all, BRL 36.46 million will be spent in promotion actions for the sector abroad.
Brazilian car industry exported 520,300 units last year, according to Anfavea. Revenues, however, increased 1.6%.
During the month, over 6.5 million people went through the airport. During the year, DXB received more than 75 million travellers.
The Council of Arab Ambassadors in Brazil travelled to Curitiba and Foz do Iguaçu. Watch the highlights in this episode of Arab Brazilian Chamber TV.
Brazil shipped 4.4 million tons in 2016, up 1.9% over 2015. Revenues reached USD 6.8 billion, dropping 4.5% in the same comparison.
The number of visitors set a record and increased 16% in comparison to the previous year.
The surplus reached near USD 4.6 billion in Q3 of last year due to the increase in oil prices.
Over 105,000 people went through the emirate’s airport terminals on December 31, the highest number ever registered in a single day.
Trade surplus was USD 47.7 billion, with USD 185.2 billion in exports and USD 137.5 billion in imports.
