The North African countries have agreed to build a 609-km railroad.
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That’s the deficit of the government’s current account in September. It was the second largest deficit ever for the month.
Egypt’s Minister of Petroleum, Tarek El-Molla, announced that his country will hold the first bid round for oil and gas exploration in the Red Sea before the end of the year.
Four Brazilian companies are exhibiting their products at WETEX 2018 in a stand set up by the Arab Chamber. The fair began this Tuesday and runs until Thursday.
Dubai-based port operator DP World handled 53.6 million TEUs from January to September. The company operates in the port of Santos.
Weakening production and employment levels continue to hamper a rebound, according to the National Confederation of Industry (CNI).
Brazil’s IPCA-15 index is up 0.09% in October from September.
That’s the forecast made by financial institutions in Brazil for the Extended National Consumer Price Index (IPCA) in 2018. Last week, their estimate stood at 4.43%. It’s the sixth straight time that banks revise up their forecast.
Such was the amount by which Brazil’s Gross Domestic Product widened from June to August, as per think tank Fundação Getulio Vargas’ GDP Monitor.
Power company Companhia Energética de São Paulo (CESP) was sold to the sole bidder at the São Paulo Stock Exchange this Friday (19).
An index which tracks confidence among industrial business owners in Brazil’s economy gained 0.9 point in October from September.
The North American currency ended this Thursday at BRL 3.72, going up 1.11% over the previous day.
There was a 0.6% slide in August over July, as revealed by the IPEA Indicator of Apparent Consumption of Industrial Goods.
The country appears at the 72nd position out of 140 economices in a report released by the World Economic Forum.
