Emirati Minister of Economy Sultan Al Mansouri intends to have the sector account for 20% of the gross domestic product by 2021, up from a current 16%. Abu Dhabi and Dubai already have strategies in place.
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Prices increased marginally in October from September as per the Brazil Commodities Index (IC-Br). In the 12 months through October, the index was down 14.2%.
Brazil posted a USD 38.527 billion surplus, which came as a result of USD 153.088 billion in exports and USD 114.561 billion in imports during the period.
The amount consists of taxes and fines levied on Brazilian natural persons and corporate entities that regularized assets kept in foreign countries by October 31.
An increase of 6.4% in food output drove up the performance of the industry, which registered a 0.5% growth in September over August.
The Brazilian planemaker’s net loss number went from BRL 387.7 million in quarter three 2015 to BRL 111,4 million in the same quarter this year.
Brazil’s federal, states and local governments saw the widest deficit for a September since the Central Bank began keeping records. The September 2015 deficit had been USD 2.2 billion.
Gastronomy, dancing, a bazaar sale, henna tattoos and conversation on jobs will be featured in an event on November 5 in São Paulo. The goal is to build rapport between Arabs and the local population.
A spokesperson for the Fund said that the country has made ‘good progress’. Egyptians are waiting on a USD 12 billion loan to be approved by the organization’s board of directors.
Last year, 292,500 tons were recycled. The process uses only 5% of the power required in the production of the cans from the primary metal.
Micro and small businesses in Brazil will get tax breaks on imports and domestic purchases in connection with exports, the Ministry of Industry, Foreign Trade and Services has announced.
An event organized by Casablanca Finance City and the Arab Chamber in São Paulo on November 1 will show opportunities for businesses from Brazil in the African country. Registrations are open.
The company’s sales of iron ore and pellets to the region declined in Q3 over the same months in 2015, but went up if compared to Q2 of 2016. Overall exports increased.
The federal government registered near BRL 95 billion (USD 30.16 billion) in tax revenues in the month, a drop of 8.3% over September of last year in real terms.
