Souk Burger went into business last June in São Paulo’s Pinheiros neighborhood. Kibbeh, kofta and baba ghanoush hamburgers are accompanied by other typical Arab items.
Browsing: Economy
Federal revenues totaled slightly less than BRL 110 billion (USD 35.17 billion) last month, down 0.34% in real terms over July 2016.
The Dubai-based port operator reported positive first-half results. It saw revenue go up by 3%.
The Água Fresca brand of Belo Horizonte, Minas Gerais turned to Morocco for elements to draw on for its Spring/Summer. The company’s owner and a designer took a trip to the Arab country last May.
Auctions for exploration and production sharing agreements in oil blocks will be held on October 27.
The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.
In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
Sales to the region fetched USD 1.1 billion in July, up 14% year-on-year. Egypt was the top buyer in the month. Year-to-date through July, sales increased by 15% to USD 7.16 billion.
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower oil prices brought forth many consequences to the economy and the need of a fiscal adjustment.
An index from think tank Fundação Getulio Vargas climbed 1.5 point to 92.3 in its August preview. Industrialists’ present and future outlooks have improved.
Exports from Brazil reached USD 4.1 billion, with imports coming out to USD 2.8 billion in the third week of August.
Financial market experts believe that the Extended National Consumer Price Index (IPCA) will end 2017 at 3.51%, according to a bulletin by the Brazilian Central Bank (BC). It’s the fifth time the forecast is revised up.
Brazil’s economy shrank in Q2 over Q1 according to the GDP Monitor, a survey conducted by think tank Fundação Getulio Vargas.
The president of the organization’s Council, Walid Yazigi, will launch new editions of this works ‘Building Technique’ and ‘Gastronomy Glossary’ on August 29 in São Paulo.

