An increase in Egypt’s and Saudi Arabia’s imports, two of the largest buyers of Brazilian products in the month, improved the performance. From January to October, sales to the Arabs increased 22.3%.
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The Arab Chamber got the ISO 9001 compliance certificate in 2000 and upgraded to the 2015 version last month. The process is part of the continuous search for an improvement in its services.
Paulo Rabello de Castro said the institution will seek partnerships with Arab funds.
The Brazilian Development Bank (BNDES) and IDB signed an agreement this Friday (10) that will provide funding to private investments in infrastructure, sustainable energy and projects of small companies.
Brazil’s Extended National Consumer Price Index (IPCA) reached 2.21% year-to-date through October, the lowest rate since 1998.
The Brazilian Motor Vehicle Manufacturers Association (Anfavea) said 627,820 vehicles were exported from the country from January to October, with revenue exceeding the USD 13 billion mark.
The Moroccan economy is expected to see 4.4% growth this year compared with 2016, a year of severe drought, according to an IMF staff mission to the country which ended this Tuesday (7).
Production increased year-on-year in the third quarter, as per a survey conducted by the Brazilian Institute of Geography and Statistics (IBGE). Thirteen out of 15 areas surveyed saw growth.
October saw withdrawals outpace deposits as numbers swing to a deficit following five months’ worth of surpluses.
Private sector, the civil society, government and academia discussed public policies at an event held in in Brasília by the Special Secretariat of Strategic Affairs of the Brazilian Presidency. The Arab Brazilian Chamber was there.
The São Paulo state capital will host the regional edition of the World Economic Forum in March of 2018. The event returns to Brazil after seven years.
The forecast of total disbursements to be made this year by the Brazilian Development Bank (BNDES) was reported by its president. The amount stands below the BRL 80 billion (USD 24.61 billion) of the previous forecast.
Financial market players expect prices to have gone up 3.08% by the end of this year. They also see GDP climbing 0.73%.
The country produced 103.7 million barrels last month, which results in an average above 3.3 million daily barrels.
