Watch in this episode: Brazilian Route discuss the Arab influence in one of the strongest musical references in the country, the Samba.
Browsing: Economy
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’.
The countries in the region received US$ 43.9 billion last year. The United Arab Emirates were the main destination for the resources, with Kuwait as the largest investor.
The number went from R$ 2.496 trillion (US$ 743.8 billion) in May to R$ 2.583 trillion (US$ 769.7 billion) in June. Domestic indebtedness increased 3.81% with the external one declining 2.35% (in dollars).
Exports overcame imports in US$ 204 million last week. Of the four weeks of July, three of them registered a surplus.
The United Arab Emirates’ real estate developer profited US$ 770.5 million in H1 of this year. Real estate leasing and leisure business helped to improve the financial results.
