The sum will be needed for projects over the next ten years, according to the Saudi minister of Oil, Ali Al-Naimi.
Browsing: Economy
According to data from the institute of statistics, the unemployment rate reached 7.9% in the month, an increase over both September 2015 and October 2014.
Trade, tourism and investments in the Arab country are influenced by the scenario in neighboring Iraq and Syria. But the cheap oil tends to push inflation down, says the IMF.
The Khalifa Port handled a volume of 1,204,993 containers from January to October of this year, an increase of 36% over the same period of 2014.
Brazilian industry exports to the Arab country went up from January to October this year, but total revenues dropped 12.4%, industry association Abicalçados reported.
The North American currency closed the day at BRL 3.79, a decline of 0.71% against the real. Bovespa went up 0.4%.
Unctad reported that operations carried out by multination corporations in the first six months of 2015 amounted to USD 441 billion, the highest since the second half of 2007.
Index measured by the Brazilian Central Bank indicates a decline of 0.5% in September over August and of 5.85% over the same period of last year.
Cinthya Imano and Luiz Gustavo Haddad discussed the Madrid Protocol and Vienna Convention at an Arab Chamber event this Wednesday. The treaties regulate brand registering and sale/purchase contracts.
According to the Brazilian Institute of Geography and Statistics, the Brazilian economy grew more than original calculations had accounted for. The numbers changed due to a new methodology.
Entrepreneur from the state of Espírito Santo developed a coffee recipe that is a success in Brazil. The goal, starting next year, is to sell the Café Caramello to other countries.
Liziane Richter brand has broken into the UAE and Egypt markets. Its items are already on sale at stores in both countries. Now, it wants to find a commercial agent in the region.
The result was due to USD 3.9 billion in exports from Brazil and USD 2.89 billion in imports. Foreign sales increased from a week earlier.
Financial market expectations for the Brazilian economy have remained flat for 2015, but worsened for next year.
