Revenues from Brazilian foreign sales stood at US$ 4.4 billion, i.e. US$ 1.11 billion per working day. Sales were up 3.6% from the first week of October.
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The institution and the Islamic Development Bank signed an agreement to develop services around the world.
The Emirati airline posted US$ 1.3 billion in revenues from July to September. The growth was driven by an increase in passengers transported and codeshare agreements.
Abdominal surgery specialists from Cairo and Palestine are in the country to see a liver transplantation method.
Hussein al-Shahristani, Iraqi energy vice president, announced that the country plans to double its current oil production, which is around 3.4 million barrels a day, up to 2015.
The Brazilian foreign minister once again discussed American criticism towards Brazil’s trade policy and spoke in favour of dispute settlement mechanisms and the resumption of bilateral negotiations.
A World Bank report points out the need to train workers for the region’s private sector. That should foster competitiveness in the Arab world and create more job openings.
The projection was issued by an IMF delegation. In 2013, the Arab country’s economy may grow by 3.5%. The government is implementing an agenda of fiscal, financial and utilities reforms.
Abu Dhabi’s trading company Hores Representation of Companies will meet with 33 Brazilian businessmen in matchmaking rounds in Salvador. The company seeks products ranging from foods to cosmetics.
The fund reduced from 5.5% to 5.3% its forecast for growth of the Arab economies in 2012. The figure, however, is still better than the performances of 2011 and 2010.
Revenues of Brazil with foreign trade in the year up to the first week of October dropped 5% over the same period in 2011. There was also a drop last week.
Financial market professionals have maintained their growth estimate for the Brazilian economy at 1.57% for the third week in a row. The estimate had been lowered in previous forecasts.
In September, sales to the region remained at the same level as in the same month last year, US$ 1.3 billion. Exports from Brazil to all markets dropped 5.1%.
The institution has made two new financing lines available to Latin America and the Caribbean. The funds will help countries in the region to address external financial shocks and natural disasters.
