Arab Brazilian Chamber hosted the event held by SP Negócios and ABIESV, which promoted meetings between Brazilian retail representatives and potential suppliers.
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The waterway connecting the Red Sea and the Mediterranean Sea yielded USD 6.3 billion for Egypt in the 2018-2019 fiscal year, which ended June.
In an interview with ANBA, Arab League ambassador to Brasília, Qais Marouf Kheiro Shqair, talked about the perspectives of Brazil-Arab relations after the visit of president Jair Bolsonaro to the region in October.
The country saw 1.55 million units sold year-to-date through July. Foreign sales were down 38% during that.
Federal decree will expand duties of the secretariat that oversees the Investment Partnership Program so that it supports processes in states and cities too.
Brazil’s president will travel to the UAE, Saudi Arabia and Qatar, congressman Eduardo Bolsonaro told ANBA in an interview. He is just back from an official trip to Abu Dhabi. ‘Brazil will be right there with the UAE,’ he said.
As per statistics from the company that manages the sector, the three main ports of the Arab country saw an increase in cargo and ships in July from June. Vehicle and building materials were up.
Since 2017, the state has an initiative to receive devices discarded by the consumers, with 65 collection points.
Executive from the Dutch company that made the dredging to build the Palm Islands will talk about this work at the event Inovaconstruir Experience, which will take place in September in Fortaleza, Brazil.
The Ministry of Economy has increased the list of tax-free machinery and equipment items, in a bid to render them more accessible to companies.
Oil extraction averaged 2.5 million bpd during the month, down 6.4% from May and 1.3% from June 2018.
Net profit soared to an all-time high for Brazil’s state-run oil company, at BRL 18.9 billion.
The Arab Brazilian Chamber of Commerce is encouraging Middle East and North Africa companies to join its ranks, in a bid to bring them closer to Brazil and boost business relations.
Brazil ran a USD 2.3 billion surplus last month, the lowest for the month since 2010. Both exports and imports slid.
