Regulatory agencies of both countries signed a memorandum of understanding and an operational agreement to cooperate on flight safety.
Browsing: Economy
IMF estimates point to a 4.8% GDP growth for the Arab country this year, above the global average. Resilience amid global uncertainty and diversification are key strengths of its economy.
Brazilian machinery and equipment industries saw a rise in revenue from foreign markets in August, according to ABIMAQ data.
After meeting with officials from the Arab country, the International Monetary Fund praised fiscal efforts but called for “ambitious” reforms to restore growth.
The container shipping company announced it will operate a direct line for refrigerated cargo between South America and the Middle East in October.
Iraq’s Ministry of Construction, Housing, and Public Municipalities announced a new urban road to meet the growing city’s demands.
Brazilian company Alimentos Halal Brasil has already distributed more than 50 copies of a guide that instructs restaurants, hotels, and buffets on procedures for serving food to Muslims.
The international agency upgraded the country’s score from CCC+ to B- with a stable outlook, citing a lower current account deficit, foreign investment, and partner disbursements.
The conglomerate operating in the Middle East, Africa, and Asia has opened new stores in the Arab country. The group’s retail chains include Mumuso, offering a wide range of products, and Duozoulu, specializing in footwear.
Automakers operating in Brazil shipped 57,089 vehicles abroad in August and 378,249 year to date. Boosted by Argentine purchases, exports supported the sector.
New fragrance launches from established brands, new players in import and distribution, and more companies entering the segment. The presence of Arab perfumes at the Beauty Fair showed that this market is still booming in Brazil.
The Brazilian defense and security company, part of a United Arab Emirates conglomerate, unveiled its new headquarters and production facility in São José dos Campos.
The Brazilian economy grew in the first quarter of the year but rose more—2.2%—compared to the second quarter of 2024, according to official IBGE data.
The low-cost airline from the United Arab Emirates is looking for captains and co-pilots for Airbus A320 aircraft. The company asks applicants to register on its website ahead of the selection process, set to take place between September 8 and 13.
