Corporations run by federal government ran USD 6.5 billion in profit in Q1. BNDES saw the strongest numbers.
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Importers of Brazilian foods, Mohsen Zalloum and Raed Bayed visited the Arab Brazilian Chamber on Wednesday. They are delegates from the Hebron Chamber.
Monetary Policy Committee cut down Selic by 0.5 percentage point, to 6% per annum. Reduction is higher than forecasted by the market.
Jordanian airline recorded a USD 2.1 million net profit, against a net loss of USD 18 million a year ago.
The region’s economy is seen growing 0.5% this year according to the UN agency, down from 0.9% in 2018.
A National Petroleum Agency division superintendent said the auctions convey information regarding the pre-salt area and bring new investors to Brazil.
‘Explore&Enjoy’ is the slogan created by the industry’s association that intends to increase exports by 50% by 2025. Actions to raise sales to the MENA region are already underway.
The country’s fiscal deficit grew significantly narrower year-on-year in the first half, to USD 1.5 billion.
The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.
During lecture at the Arab Brazilian Chamber, attorney Mariana Vicentini Taylor said the protocol will come into force in October and will make trademark registration easier in 120 countries.
Such is the amount available for Brazilian federal companies to invest during the rest of 2019.
Business meetings between suppliers and trade representatives will take place at the Chamber’s office on August 7. Event is held by SP Negócios and ABIESV. Registrations are open.
The increment was driven by non-oil sectors including services, industry, public works and agriculture.
Deficit at public accounts was lower than a year ago, when it reached USD 3.6 billion.

