Speaking during a trip to China, Brazil’s Finance minister Henrique Meirelles said investments will be made in energy, transportation, roads, airports, etc.
Browsing: Economy
A survey conducted by the Brazilian Institute of Geography and Statistics (IBGE) shows the sector grew from March to July. In July alone, expansion was 0.1%.
The online magazine ‘Ipsis Libanis’ publishes articles focusing on the Arab nations signed by culture, history, literature and human sciences experts. It was launched this Thursday (1).
The president’s impeachment, Central Bank action and the United States interest rates have buoyed the American currency.
The result came in August as exports increased and imports slowed. Year-to-date through August, the country had a USD 30.5 billion surplus in foreign trade transactions.
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).
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.
