A September survey from the Brazilian Micro and Small Business Support Service (Sebrae) shows that owners of micro and small enterprises are planning to make investments.
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Alfanar is an industrial and construction conglomerate that operates in the power sector in several countries. Arab Chamber executives visited the company’s complex outside Riyadh.
Agroindustry produces and exports olives, olive oil, and garlic and now has a branch in Brazil with its own staff and goods for immediate delivery. Announcement was made at the Arab Chamber.
Two out of the four blocks offered were acquired at the largest oil industry auction ever held.
Numbers by Anfavea show that foreign sales from Brazil were down 22.6% year-on-year and 34.7% year-to-date.
On the back of Expo 2020, the Arab country could see its fastest non-oil growth since 2016. Sustaining it after the expo is a key priority, says IMF.
Monetary Policy Committee (Copom) reduced Selic from 5.5% to 5% per annum last week. Minute released this Tuesday points to a new 0.5 percentage point reduction in the next meeting.
Foreign investors purchased Brazilian government bond issued by the National Treasury at the smallest interest rates from the past seven years.
Company in Guaratinguetá, São Paulo produces sixteen different varieties of the grain but specialized in black rice.
Saudi state-owned oil company IPO received approval by the financial regulatory authority and is set to run next December in what’s expected to be the biggest share sale in history.
The National Treasury said new and existing papers will be issued, and that it will repurchase US dollar-denominated bonds.
The Public Authority for Industry said 1,000 companies got USD 582 million in financing over the last three years.
The 2.6-meter-high dancing character has performed in Riyadh and Jeddah, Saudi Arabia, as well as Dubai, UAE.
Foreign sales slid by 20.4% year-on-year to USD 18,23 billion. The trade surplus narrowed by 80%.

