A research by the World Bank shows that MENA immigrants feel connected to their places of origin and want to contribute to their development. For 26%, their interest increased after the Arab Spring.
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The sector slowed down in a comparison with December 2016. The only subsectors to see activity go up were information and communication.
Industry association Abimaq reported that revenue from foreign sales reached USD 607.23 million in February, a 4.2% increase over February 2016.
The Arab country’s industry shipped USD 6 billion worth of products last year, but it could see as much as USD 10 billion come 2020.
The minister of Energy said that the cuts in oil extraction are due to maintenance works, but underlined that the reduction should remain in place for the next two months.
The Brazilian state-run Federal Savings Bank posted USD 1.3 billion in profit last year, down from USD 2.3 billion in 2015.
The International Labor Organization director-general said the number of jobless people will keep climbing for years to come and questioned countries’ approaches to addressing the economic crisis.
The meeting will cover migration, refugees and displacement from next Thursday (30) until Saturday (1) at the auditorium of the São Paulo Secretariat of Education. The goal is to find solutions for the current problems.
Exports from Brazil increased by 0.4% on average per business day last week, even though foreign sales of meats weathered a blow.
Results in the Focus Bulletin, a Central Bank poll of the expectations of Brazilian banks, went down for the third week back-to-back.
The index increased 3.5 points in March and reached 85.3 points, its highest level since December 2014.
Art objects and decoration items are on offer in the food court of São Paulo’s Shopping Tatuapé mall through April 2. Egypt, Morocco and the UAE are some of the countries with stands in the fair.
Investors from abroad placed USD 16.8 billion in the Brazilian economy in the first two months, with these investments finding their way to almost all sectors: industry, services and mining.
February saw Brazilian citizens spend USD 1.360 billion in trips to other countries, whereas foreign tourists disbursed USD 535 million in Brazil.
