This amount comes from deals closed by Brazilian candy companies that attended Sweets & Snacks Middle East in October. Estimations regarding future deals reach USD 10.5 million.
Browsing: Economy
Foreign sales of light vehicles, trucks and buses made in Brazil grew in volume from January to October, but dropped in value, according to industry association Anfavea.
However, the International Monetary Fund claims the country has yet to reduce its deficit, and warns of spillover from weak performance in Europe, a major trading partner.
The Arab fashion designer Sophia Psaroulla created the collection inspired by Brazilian women. The line is named after the Brazilian Lú Braga. The pieces will be shown in a charity fashion show on Saturday (7th) in Beirut.
A Brazilian Central Bank survey shows a 1.5% drop in North Brazil from June to August. The outlook is better in the Midwest and South as a result of exportation.
The estimate is from the manufacturer Boeing, which expects air traffic and demand to grow over the next 20 years.
The Brazilian aircraft manufacturer has sold five of its Phenom 100E units to the Dubai-based airline’s pilot academy. The order also includes an option for five additional units.
US dollar outflows from foreign exchange operations in Brazil exceeded inflows by USD 3.5 billion. Year-to-date, the result is positive by USD 7.665 billion.
Surplus in the month stood at USD 1.996 billion. However, both exports and imports were weaker than a year ago.
Indicator went up 1.2% over August. It was the second straight month of increase. Over September of 2014, however, there was a decline of 8.4%.
Respondents in a poll believe the Brazilian economy should contract by 3.05% this year. As of last week, their contraction expectation was slightly milder at 3.02%.
The Dubai-based Icflix, arrives in the country to offer online streaming on-demand content to the local and Latin American Arab community. It has more than 12,000 movies and series from India and the Arab world.
Revenues from sales to Arab countries declined last month in Brazil. Sales volumes went down for major export products such as ores and sugar. Year-to-date, volumes were up 19%.
Watch in this episode: Historian Arlene Clemesha, professor at the University of São Paulo (USP), says the world cannot be neatly divided into opposing regions and that Islam is rooted in freethinking.
