During president Jair Bolsonaro’s trip to the Arab country, eight agreements and memorandums of understanding got signed, including one providing for high-level initiatives in multiple fields.
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Jair Bolsonaro of Brazil mentioned opportunities in infrastructure that can be advantageous to both sides. He joined a business seminar in Abu Dhabi.
The Brazilian state-run oil company’s Institutional Relations director Roberto Ardenghy, who joined a seminar concurrent with president Jair Bolsonaro’s trip to the UAE, also said the company is looking for partners to bid in tenders with.
The Brazilian president arrived in Abu Dhabi, UAE this Saturday, hoping to attract more investment from the region into Brazil.
President Jair Bolsonaro’s visit to the Arab country will mark a step forward, according to the head of Brazil’s diplomatic representation in Abu Dhabi, Fernando Igreja.
Brazilian mining company posted a gain of USD 1.6 billion in Q3 2019, reversing its loss in Q2.
Arab country expects to harvest 18.5% more olives this year and produce 25% more olive oil.
These tracts of land make up 41% of the national territory, according to a survey from the Brazilian Institute of Geography and Statistics (IBGE). Brazil’s rural area increased by 5.8% in 2017, compared with 2006, when a survey had last been made.
The Egyptian pound strengthened against the US dollar on Thursday (24), trading at 16.10 against the greenback, up 9.85% year-to-date, which was boosted by higher foreign exchange inflows.
Do-your-homework-type advice regarding infrastructure, sustainability and reforms set the tone during Brazil Summit, a conference hosted by British magazine The Economist this Thursday in São Paulo.
IMF projects a growth at 6% for the Arab country in Africa this year, up from 5.5% in 2018. Strategies of positioning it as a trade and logistics hub has helped improve local economy.
The deficit in goods and services trade and income transfers in September was far wider than a year ago.
Brazilians spent USD 1.3 billion during international trips in September, the highest value for the month since 2017.
Brazilian-Lebanese businessman Issam Hassan started Massi Trading in Dubai seven years ago to serve as a branch of Brazilian companies in the Arab countries. He trades mainly poultry but is studying new fields and ways to act.
