Rubens Hannun will run the institution for the next two years.
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The expansion took place from 2011 to 2015 in Ras Al-Khaimah, United Arab Emirates.
The estimate for 2021 was made by the Dubai Chamber of Commerce and Industry. The sector is expected to grow 4.9% per year in the country. In 2016, Dubai added 250,000 square meters in new retail stores.
According to the Brazilian Institute of Geography and Statistics (IBGE), output was up marginally at 0.1% in February from January, and up 0.3% in the first two months of the year combined.
Brazilian textiles and clothing sales to the Arab world increased by 87.5% in January and February from the comparable period in 2016. The growth was driven by rope exports.
Brazil’s surplus went over USD 7 billion last month. In the first quarter, it reached USD 14.4 billion, a record for the period.
Output reached 2.6 million barrels per day in February, according to Brazil’s National Petroleum, Natural Gas and Biofuels Agency.
The financial market believes the Selic, the benchmark interest rate, will drop tp 8.75% until the end of the year. Currently, it sits at 12.25%.
A debate cycle at Sesc will tackle Arab-related subjects including revolutions, the Western Sahara conflict, refugees, the Alawites and literature. Specialists, most of them academicians, will give lectures.
Website Dinneer is selecting Brazilians to travel and taste food made by its registered users. The route includes the United Arab Emirates.
Arab crafts, dance and cuisine are part of the event, which takes place from March 31 to April 9 at the Pantanal Event Center.
Brazilian Central Bank data show economic activity dropped in January from December for the seventh month in a row, this time by 0.2%.
The unemployment rate of the December to February period reached 13.2%, according to the Brazilian Institute of Geography and Statistics. Both the rate and the number of unemployed are records.
If the projection proves true, then Brazil’s Extended National Consumer Price Index (IPCA) will be lower than the midpoint of the target range set by the monetary authority.
