The holder of PhD on the matter, Sílvia Ferabolli will discuss ties and cooperation among Arab countries next Tuesday (13th) at the Arab Brazilian Chamber of Commerce headquarters, in São Paulo.
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The Fund says that the low oil prices will drive the Gulf country to post a deficit in current and external accounts this year. Raising taxes also an option.
The United Arab Emirates-based company operates a terminal at the Port of Recife. The amount of cargo handled was up 97% in quarter one, 2015.
In Q1, revenue, hours worked, jobs, total wages paid and average income all dropped, according to an industry confederation survey.
The 13th round of biddings for the exploration of oil and gas in Brazil will take place in Q3. The requirement of association with Petrobras won’t be in place.
Exports outweighed imports for the second straight month. The trade surplus, however, was the weakest for April since 2013.
Bank analysts increased their projection for the Selic (benchmark interest rates) to 13.5%. The estimation of decline of Brazil’s GDP also went up to 1.18%.
Investe São Paulo, agency from the São Paulo state government, will sign agreement with Apex-Brasil to help expand trade of small and medium-sized companies to other countries.
The Brazilian aircraft manufacturing company posted losses of US$ 66.5 million in quarter one this year, which it attributed to higher income tax spending associated with the US dollar hike.
The Brazilian mining company said its quarter one results suffered from the depreciation of Brazil’s real against the US dollar. Ore production hit a record during the period.
Accounts of central, state and local governments and state-owned companies register a primary surplus of R$ 239 million (US$ 81 million) in the month. But the positive result is lower than the one from March 2014.
The industry confederation index stood at 48.2 points in March, lower than the same month of last year. According to the research, a score lower than 50 means a decline. However, it improved over February.
Arab Brazilian Chamber of Commerce executive Tamer Mansour will explain the details of production in accordance with the rules of Islam and its potentialities, on May 27th in São Paulo.
In the Middle East and North Africa, the women population jumped two percentage points in active participation, from 20% in 1990 to 22% in 2013, but their presence in the economic field is world’s lowest.
