In the first six months of its fiscal year, the conglomerate that controls the Dubai-based airline reported growth of 12% in revenue and of 1% net profit.
Browsing: Economy
Watch in this episode: 9th Arab World Film Festival; Brazilian Halal beef; debate on Egyptian cinema; The 156 String Duo; and Rio de Janeiro’s Pão de Açúcar, or Sugarloaf.
A foreign trade congress and exhibition are taking place this Tuesday (11th) and Wednesday (12th) in São Paulo’s metropolitan area. The Chamber will have a stand to introduce the Arab market to executives.
Exports from Brazil grossed US$ 4.219 billion last week and imports amounted to US$ 4.966 billion, resulting in a deficit of US$ 747 million.
The United States currency ended the week selling for 2.563 Brazilian reais, the highest value since April 20th, 2005. To date in 2014, the dollar has appreciated by 8.73%.
The summit which is comprised of the world’s leading economies will have on the agenda a global initiative to present projects to investors.
The region accounted for 4.7% of the company’s revenue from foreign markets in January through September. In the equivalent year-ago period, the region’s share was 3.7%.
A study from the National Motor Vehicle Manufacturers Association projects a 140% increase in number of automobiles compared with 2013. The calculations are based on a 3% annual GDP growth rate.
As per the Brazilian aircraft manufacturing company’s quarter three balance sheet, losses amounted to US$ 9.6 million. Revenues were lower than in the preceding quarter.
Sociologist and Human Geography PhD holder Demétrio Magnoli is delivering a lecture on what Brazil stands to lose by not joining trade blocs, while other countries associate via free-trade agreements.
Fashion Label Brasil was launched this Wednesday by sector association Abest and export promotion agency Apex-Brasil. The goal is to showcase innovation in Brazilian fashion and boost exports.
According to the Fund, the country is capable of withstanding plummeting oil prices. Real estate prices are beginning to level out following a surge.
Delegates from ANPTrilhos, based in Brazil’s national capital Brasília, checked out the operation and maintenance systems of the emirate’s subway. Driverless trains are a trend for new tube lines in Brazil.
The increment took place in October from September, according to a Brazilian Central Bank index. The calculation considers the variation in cost of internationally traded staples, denominated in Brazilian reais.
