The African Development Bank announced a US$ 140 million loan for part of the renovation, which includes construction of a new building, new runways, a traffic control tower and expansion of facilities.
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In quarter one this year, the Brazilian mining company’s ore plant in Sohar performed better than in Q1 2014. Total iron ore output also increased.
Brazil’s trade in goods and services with the world was negative in March. In Q1, it stands at US$ 25 billion, according to the Central Bank.
The event, to be held on April 29th, will have a presentation by Rubens Hannun, vice-president of Foreign Trade of the Arab Chamber. Participation is open to member and guest companies.
In the third week of April, the Brazilian balance of trade recorded a US$ 240 million deficit, with exports grossing US$ 3.7 billion and imports amounting to US$ 3.9 billion.
The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
Revenues from foreign sales from Brazil to Arab countries were up 1.03% year-on-year in March. The export volume increased by 27.7%.
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
The Arab country stepped up its purchases from Brazil in quarter one this year and ranks 11th among the leading destinations for Brazilian shoes abroad. Overall sales dropped.
The event will take place on June 11th and 12th in Tunis. According to Sabri Bachtobji, the Tunisian ambassador in Brazil, his country is looking to draw capital into industry, agriculture, tourism and pharmaceuticals.
Until April 10th, the country posted a surplus of US$ 969 million of dollar inflow over outflow, according to information from the Brazilian Central Bank.
Economic activity was up 0.36% from January, based on an index from the Brazilian Central Bank. In the first month of the year, activity slowed down from December 2014.
The institution had a 15% increment in earnings in quarter one this year from quarter one of last year. In the first three months of 2015, the bank posted US$ 321.5 million in profit.
