In Brazil, after going up in June, revenue numbers dropped in July. In the seven months through July, revenues are down 12% according to the National Federation of Industry (CNI).
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The organization’s CEO, Michel Alaby, will be one of the speakers in the event ‘Invest in Oman Forum’ on September 27. He will talk about the Brazilian experience with free-trade zones.
The organization’s CEO, Michel Alaby, will be one of the speakers in the event ‘Invest in Oman Forum’ on September 27. Executive will talk about the Brazilian experience with free-trade zones.
Brazil’s federal, states and local governments ran a BRL 12.816 billion deficit last month, the worst for a July since record-keeping began in 2001.
Such was the contraction of Brazil’s Gross Domestic Product (GDP) compared with quarter one. As against Q2 2015, GDP shrank 3.8%. Year-to-date through June, it was down 4.6%, the national Statistics Institute said.
Real revenues were up 0.66% from January through July, and 4.2% year-on-year in July, the industry association said.
The Brazilian oil company and its Norwegian counterpart entered into a deal to expand a partnership for bidding in tenders for oil and gas exploration blocks, and technological development.
The Arab Chamber’s vice-president of Marketing received a tribute given by São Paulo State Legislature for his work in favor of the Arab community.
Financial institutions in Brazil are expecting the Central Bank to keep the per-annum rate at 14.25% at a meeting due this week.
Firms will be required to register with the Egyptian government, especially those selling consumer goods and food. The Arab Chamber is the only body authorized to certify export papers.
An event in September will focus on challenges faced by females seeking gender equality in different countries. Delegates will come from Syria, Egypt, Lebanon, Tunisia, and Palestine.
This Friday, Suframa, the managing body of the industrial park in the Amazonas state capital, has approved expansion works and new projects that should lead to new jobs being created in the area.
The target number was included in an action plan that will be discussed by the leaders of the bloc in the September 4 and 5 China summit.
Expectations on United States’ interest rates continue to impact the financial market, which is also being influenced by the impeachment process in Brazil.
