The country saw 1.55 million units sold year-to-date through July. Foreign sales were down 38% during that.
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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.
Corporations run by federal government ran USD 6.5 billion in profit in Q1. BNDES saw the strongest numbers.
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.
