After sliding for 20 straight weeks, the 2019 economic growth projection from respondents of a Brazilian Central Bank poll edged up to 0.82%, up from 0.81% as of last week.
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After dropping to USD 11.5 billion late last year, foreign holdings in Egyptian treasuries increased again.
Event will occur on the 30 at the Arab Brazilian Chamber, with lecturers from the entity itself, the law firm Souto Correa Advogados, and the certification company Intertek.
In his first time visiting the Arab Chamber, Wellington Dias discussed potential partnerships in clean energy, infrastructure and education. He and the organization also agreed to undertake joint efforts.
Gross Domestic Product (GDP) in the country is expected to grow 1.9% in 2019 from 2.2%, and then strengthen to 3% in 2020.
The Industrialist Confidence Index climbed 0.5 percentage point in July, to 57.4 points, however perception of the current economic scenario remains negative.
The 140-plus-store Brazilian açaí franchise chain plans on adding two more units in the emirate and ones in Riyadh and Jeddah, Saudi Arabia, before the year is over.
The goal is to develop technologies in the sector, as well as irrigation, and water distribution and reuse.
Brazil’s Foreign Trade Association has toned down its predictions on imports and foreign trade. Estimates regarding exports and the trade surplus moved up.
Government decision allows that businesses operate all day, which is expected to boost trade activities and create jobs.
A publication on the United Nations goals is available for free download in English, Arabic and Italian, and a Portuguese version will soon be out. One of the project’s authors is Francisco Tupy of Brazil.
Exports from Brazil to the region grossed USD 642 million in June, up 26% year-on-year.
The economic growth forecast from financial institutions dropped from 0.82% last week to 0.81% in this one.
The Arab country’s Gross Domestic Product (GDP) widened year-on-year in Q1. The oil industry accounts for over half of the economy.
