Over 416,900 units were shipped abroad last year, but revenues slid 8.7% to USD 10.5 billion.
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The company announced the purchase of shareholding in frozen food distributor in the Gulf country. Talks over the agreement begun in 2015.
The institution expects a ‘modest’ performance this year, but superior to 2015. Brazil should keep plodding through recession, with growth set to resume only in 2017.
Less than 4 million units were sold last year, against more than 5 million in 2014.
The number of containers handled at Khalifa Port was up 32%. Vehicle traffic increased by 27%. General cargo, bulk cargo and passenger throughput also grew.
US dollars inflows to Brazil exceeded the outflow in close to USD 9.5 billion last year. The performance was influenced by the trade surplus.
Jordanians living abroad had wired nearly USD 3.5 billion to their country by the end of October 2015, according to the local central bank.
Hamad Buamin, Dubai Chamber’s president, will take the post of vice-president of the World Chambers Federation.
In 2015, Brazil posted a USD 19.681 billion surplus, the highest number since 2011. However, both export and import figures fell short of 2014 levels. The Middle East’s imports dropped the least.
Although the main exporters of the commodity have large financial reserves, lower revenues with the product will impact this year’s budget. North Africa needs to overcome conflicts.
Journalist Talita Ribeiro visited refugee camps in Jordan, Iraq and Turkey and turned to crowdfunding to publish a book and to collect money for groups that aid victims of the conflict.
Slated for May 2016 in Oran, the International Exhibition on Oil, Gas and Petrochemistry will feature industry discussions, as well as products and services in exhibition. Seven thousand visitors are expected.
So says the National Commercial Bank, which forecasts 2.3% Gross Domestic Product (GDP) growth in 2016, the lowest rate in seven years.
As of January, an indexer with a smaller variation will be used in calculating states and municipalities’ outstanding debt with the federal government.’
