The United States currency reached its highest price in Brazil since April 18th, 2005 this Friday. The currency has climbed 4.92% month-to-date and 10.32% year-to-date.
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In Brazil, six states are home to 70% of industries; in agriculture, the same rate is spread across eight states.
Foreign sales dropped due to reduced production, higher domestic consumption and a decline in number of concessions for exploration areas.
Credit granted by government banks to the tourism industry in Brazil amounted to US$ 3.7 billion from January to September this year. The bulk of demand originated from hotels.
The estimate is from the Brazilian aircraft manufacturing company Embraer and concerns 70- to 130-seater units.
The Dubai-based ports operator has proposed to acquire the Jebel Ali Free Zone controller company. Both enterprises belong to the emirate’s government.
The score in a poll conducted by Fundação Getúlio Vargas has gone from 55 to 57 points, fuelled by expectations regarding the future outlook.
According to the Brazilian state-owned oil company, 2.126 million barrels of oil per day in October, the ninth straight month of increase.
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.
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.
