Brazil deposited an instrument ratifying the Free Trade Agreement between Palestine and Mercosur on July 3, causing the treaty to come into effect between the two countries within 30 days. Brazil’s Foreign Ministry says the agreement is a tangible contribution towards an economically sound Palestinian state.
Author: From the Newsroom
Brazil shipped an average volume of 431,400 tonnes in the first quarter of 2024 compared to 428,000 tonnes last year. June’s and first quarter’s results were down, though, although Saudi Arabia and the United Arab Emirates stepped up purchases.
Central Bank expects inflation to fall below year-on-year 7% in the second half of 2024 and continue to gradually ease.
Canada-headquartered company is now fully owned by Brazil’s Seb group. School network plans on being operational in 39 countries by 2025.
Mubadala Capital is the controlling company of ATG, which will manage the venture in Brazil’s Rio de Janeiro. Early trials are planned for later this year.
Revenues during the first half of 2024 reached USD 6.6 billion, according to the Arab country’s Ministry of Tourism.
Animals, owners and judges will be in Indaiatuba, São Paulo state, for the 43rd Brazilian National Arabian Horse Show from July 3 to 8. Owners from Qatar and Saudi Arabia will join.
This is part of the previously approved program size of USD 1.2 billion to help the country face medium-term balance of payments problems.
Bidders can submit offers until August 7 to supply five locomotives, their spare parts, and training to operate them.
First bloc to be auctioned this year will include port areas in the states of Pernambuco, Rio de Janeiro, and Rio Grande do Sul. Auction was postponed to August 21 following the loods in southernmost state Rio Grande do Sul.
The central bank bumped its 2024 economic growth forecast despite the historic floods in Brazil’s southernmost state of Rio Grande do Sul that caused a significant downturn.
During his visit to Brazil, Gulf Cooperation Council secretary-general Jasem Mohamed AlBudaiwi was greeted with a lunch by Qatar’s ambassador to Brasília on Tuesday (25).
The financing is designed to help Egypt address short-term challenges such as spurring private sector growth and creating a greener growth trajectory.
The North African country’s exports soared by 9.8% year-on-year in the first five months of 2024 to reach USD 16.55 billion.
