Embassy in Brazil held a ceremony last Wednesday. Ambassador Amad Hamood Salim Al Abri listed the sultanate’s recent advancements.
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The Arab Chamber’s pavilion at the food and beverage industry show running from March 9 to 11 in São Paulo can accommodate 15 exhibitors.
Brazil’s imports from abroad grossed USD 37.6 billion year-to-date through October.
The United States currency hit its highest nominal value since the Plano Real reform in 1994. Central Bank governor Roberto Campos Neto blamed lower-than-expected revenue from the petroleum bidding round on November 6th.
The country reached self-sufficiency in production and now has a surplus to sell abroad. The goal is earning USD 400 million from exports by 2021.
CIAF Leasing signed a firm order for three E190 jets, with delivery due for Q4 2020.
Brazilian financial institutions expect prices to have gone up 3.33% by the end of this year in Brazil, up from last week’s 3.31% forecast.
Luana Ozemela, of Rio Grande do Sul, is the founder and CEO of Development Impact Managers & Advisors, out of Doha. She visited the Arab Brazilian Chamber and met with its secretary-general Tamer Mansour.
TiX Tecnologia Assistiva was awarded as the world’s most promising startup in the ‘supernova’ category of the Gitex Future Starts program in the UAE.
The bank saw USD 646 million in net profit in Q3, up 70% from Q3 2018. Year-to-date through September, net profit climbed 159% to USD 3.95 billion.
The Brazilian Central Bank’s Economic Activity index increased in quarter three from quarter two.
The phosphate manufacturer has had operations in Brazil since 2010, and new storage facilities are expected next year, local CEO Olavio Takenaka said.
National Supply Company estimates 2019-2020 grain output to reach 246.4 million tons, up 18% from the previous crop.
The Arab Entrepreneurship Rally winners were announced during the Arab Businessmen and Investors Conference in Manama, Bahrain.
