Brazilian Go Tratch developed a process that uses ‘nanobubbles’ for soil decontamination and is in search of a partner in the Middle East to offer its services to the oil industry.
Browsing: Economy
Both exports and imports dropped in July in over the same month of 2014. The Middle East was the only destination that increased the purchase of products from Brazil.
The Focus Bulletin by the Brazilian Central Bank shows the estimation by financial institutions for the growth of the Brazilian economy in 2015 was revised down for the third straight week.
The Brazilian bank acquired the operations of the British institution in the country. The value of the deal tops US$ 5 billion.
Watch in this episode: Brazilian Route discuss the Arab influence in one of the strongest musical references in the country, the Samba.
Primary surplus stood at R$ 16 billion (US$ 4.6 billion), the lowest number since the same period of 2001, when the historical series by the Brazilian Central Bank started.
National Treasury, Social Security and Central Bank together registered a primary deficit of R$ 1.6 billion from January to June due to the drop in revenues.
Operations and sales in the region by the company fetched US$ 286 million in this year’s Q2. There was an increase of US$ 5 million over the same period of 2014.
Survey commissioned by the embassy of Oman shows that the majority of people have positive opinions about Arabs and their descendants that live in Brazil, and about the countries of the region.
Estimation by ECLAC points to weak growth for economies of the region in 2015. Among the countries with worst performances is Venezuela, which should see a retraction of 5.5%.
Dollar outflow overcame inflow in US$ 2.3 billion in July up to last Friday, according to the Brazilian Central Bank. This result was determined by the financial sector.
The Brazilian refractories manufactures closed a five-year supply agreement with Bahrain-based Sulb Steel. The Middle East and Africa account for 3% of the company’s revenue.
The announcement of the expansion in Jebel Ali was made this Tuesday (28th) in a press release. The first phase of Terminal 4 will add the capacity of 3.1 million TEUs by 2018.
The credit-rating agency kept the country’s ‘investment-grade’ but reviewed future outlook from ‘stable’ to ‘negative’.
