The Brazilian executive received offers from the Arab fund for four of his businesses in the marine infrastructure, oil and gas, coal and mining industries.
Browsing: Economy
The indicator for the consumption of households measured by the National Confederation of Commerce increased 1.3% from December to January.
Global economy should expand 3.4% this year and 3.6% in 2017. Brazil could close 2016 with 3.5% shrinkage, with the Middle East growing 3.6%.
The USD 621 million surplus was the result of USD 3.145 billion in exports and USD 2.524 billion in imports. In the first week of January, the country had registered a trade deficit.
Last year, 18 million tons were sold. Exports increased 40% in volume, but revenues edged down 3.3%.
Financial institutions believe the Brazilian Central Bank will raise the benchmark rate by 0.5 percentage point this week.
Established 25 years ago by a Lebanese family, Pita Bread makes ten tons of bread a day. The company operates out of São Paulo state and also supplies product to bread company Wickbold.
State-owned company produced, on average, 2.6 million barrels of oil equivalent of oil and gas in Brazil, an increase of 5.5% in comparison to 2014.
Shipments from the country generated USD 22 billion in 2015, an increase of 6.7% over 2014, and external sales totaled USD 37 billion, a decline of 5.6%. Trade deficit went down 18%.
The Economic Activity Index edged down 0.52% in November, the Brazilian Central Bank reported.
In 2015, clients received 101 passenger jets and 120 business jets made by the Brazilian aircraft manufacturing company. A deal with Emirates Airline was a highlight of the year.
Last year, 1.26 million units were manufactured in Brazil. In 2016, output is expected to grow 2.5%.
Survey by KPMG consulting company shows that foreigners bought 296 companies in Brazil and that Brazilians acquired 66 companies abroad in 2015.
The increase was over October 2015 and it was the second consecutive one. In comparison to November 2014, however, there was a decline of 7.8%.
