Global foreign direct investment flow totaled USD 1.39 trillion last year, down 1% from a year before. But in Brazil they increased 26%, in Saudi Arabia 9%, and in Egypt 5%.
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Financial institutions have reduced their estimate for the National Extended Consumer Price Index (IPCA) from last week’s 3.58% to 3.56%.
During trip to the country for the Couromoda fair, businessman Mohamed Swayeb visited the Arab Chamber. He’s negotiating with two Brazilian brands.
US currency ended this Thursday at BRL 4.19, up 0.15% day on day.
UAE company provides air transport services for the oil industry.
MENA accounted for 20% of total portfolio flows to emerging financial markets from 2016-2018.
The 2019 economic growth estimate moved from 0.9% to 1.12%, and the 2020 estimate from 2.32% to 2.4%
Brazilian state-owned company announced a 3% reduction in diesel and gas prices, but the change might take a while to reach the consumer.
The forecast regarding the National Extended Consumer Price Index slid from 3.60% to 3.58% as per the Central Bank’s poll with financial institutions.
Trade balance deficit stood at USD 6.9 billion in 2019, a result of exports at USD 15.5 billion and imports of USD 22.5 billion.
The Extended National Consumer Price Index (IPCA) changed by 4.31%, above the Central Bank’s goal of 4.25%, but within its tolerance margin.
Abicalçados reported a 0.9% decline in revenue and a 0.9% increase in volume shipped year on year. UAE were the 14th largest market of the year.
Decline occurred in November from October 2019 and broke a series of three months of growth, IBGE reported.
Exchange flow stood negative at almost USD 45 billion last year, breaking the record from 1999.
