Halal do Brasil project held a seminar in the state to present opportunities in Muslim countries to local producers.
Browsing: Economy
BRAEXP export platform of ApexBrasil has penned a partnership with Banco do Brasil, which now offers services like export financing and foreign exchange operations on the interface.
GDP registered an annual 2.8% decrease thanks to a drop in oil activities.
National Treasury of Brazil was awarded by the Latin American Bond Awards for last November’s issuance of sustainable bonds that raised USD 2 billion.
The latest report on global prospects published by the International Monetary Fund says that inflation is slowing but its risks remain. Brazil is projected to grow by 2.2 percent.
According to a World Bank report published on Monday (15), MENA economies are expected to post a lackluster growth in 2024. Oil importing countries face rising indebtedness.
Brazil doubled sugar sales to the Arab market in Q1 and stepped up iron ore exports by 43%, driving up the revenue. Imports of Arab products declined.
The country is both a destination and a source of migrant workers. Heavy losses in skilled labor could hamper development over the long haul.
National economic growth should reach 2.7% in the second quarter of 2024, in annual variation, according to the High Commission for Planning (HCP).
Bahia state native Junior Andrade is drawing up a luxury car showroom in Doha and a palace in Saudi Arabia.
Petroleum and gas production came out to 4.383 million barrels of oil equivalent per day in the country, up 5.7% from February 2023.
Abu Dhabi-headquartered defense firm EDGE Group has investments in the Latin American country as well as partnerships with its government’s agencies.
Overall exports from the country saw a growth rate of 1.2% in January compared to a year ago, the Department of Statistics said.
Revenue from the industry in February also posted a decline compared to the same period a year earlier, ABIMAQ reported. Benchmark interest rate is still high, the industry says.