Taxpayer debt restructuring with the Union and the fuel tax hike drove revenues up 8.66% over the same month of last year.
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In Q3, the Sohar plant produced 2.5 million tons, an increase of 27.7% over the previous quarter.
The Italian boatbuilder’s Brazilian arm went into business two years ago and it ships product to several countries. Two units of sports boat Verve 40 were imported recently to the Arab country.
In Brazil, the company produced in September 2.8% more oil and 2% more natural gas than in August.
The event takes place on the next two weekends in Itaquera, East São Paulo, and in Embu das Artes, São Paulo metro area, respectively.
The forecast predicting an increase in retail sales was done by the São Paulo Commercial Association. It doesn’t include vehicles and construction material.
Robson Braga de Andrade, president of the National Confederation of Industry (CNI), said that it’s a favorable moment for Arab investments in Brazilian industry.
The two units were manufactured by the Brazilian aircraft maker in Jacksonville, Florida. The order is for six planes.
The meeting set up by the Arab Chamber and other organizations will take place this Wednesday in São Paulo, with the participation of French diplomat Anis Nacrour, an expert on the topic.
In a shorter week, exports from Brazil reached USD 3.287 billion, while imports amounted to USD 2.701 billion.
The Arab country generated USD 5 billion in revenues in Q1 of the 2017/2018 fiscal year, which started in July. State-owned companies generated USD 906 million, while VAT collected USD 2.8 billion.
The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.
Brazilian women travelled to 24 countries, including three Arab ones, to speak with successful entrepreneurs. They’re about to put out a documentary encouraging other women to go into business.
The catalog of Marisa Ribeiro Tricot’s summer collection was shot at heritage and tourist sites in the Arab country, including the Pyramids, the city of Luxor and the Temple of Edfu.

