The new restaurant of the Syrian engineer turned chef, opened in January, offers a reduced menu with a focus on snacks, such as sfihas, kibbeh and sandwiches.
Browsing: Economy
After three years of decline, Brazilian industrial production ended 2017 with a growth, driven by the auto industry.
The Brazilian Machinery and Equipment Industry Association (Abimaq) has been talking with the government about a machinery internationalization program. Saudi Arabia and the UAE are two of the target markets.
The organization took part in the World Economic Forum via its vice president of Marketing, Riad Younes, who followed the debates and the behind-the-scenes.
The year’s average rate was the highest of the historical series that started in 2012. In 2016, the indicator reached 11.5%.
CELSE will use the product as fuel for thermoelectric plant. It’s still in construction and will be part of a venture that will also have regasification plants. Contract stipulates for supply to begin in 2020.
The index that measures the variation of factory-gate prices of products increased last year. In 2016, the increase was lower at 1.7%.
Indicator by Fundação Getulio Vargas went up 2.2 points this month over December. Uncertainty over fiscal scenario and political issues weighed down on the result.
The balance of lending operations declined 0.6% in 2017 over the previous year. The amount accounted for 47.1% of the country’s Gross Domestic Product.
The financial market revised down its Brazilian economy growth forecast for 2018, from 2.7% to 2.66%.
Expenditure in international travelling reached USD 19 billion last year. Spending by foreigners in Brazil stood at USD 5.8 billion.
The amount forwarded to the Brazilian Union, states and counties by oil producing companies reached near BRL 27 billion (USD 8.72 billion).
The Focus Bulletin shows that the financial markets’ expectations regarding the IPCA and the GDP remain the same.
Consortium headed by the company was awarded lines 5-Lilás and 17-Ouro of São Paulo’s rail transportation system for BRL 553.8 million (USD 177.55 million).

