Dollar inflow in Brazil surpassed the outflow in USD 55 million last year.
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Last month, 197,000 units were manufactured. Domestic sales grew by 10%, but exports dropped by 46%.
Brazilian meat company Dom Glutão will participate in food fair Gulfood in Dubai at the Arab Brazilian Chamber. Exports manager Yohana Spena hopes to increase sales in the region.
Growth was below the expected by the Brazilian Supermarket Association (ABRAS). For 2019, the expectation is a 3% increase.
State’s government announced a reduction from 25% to 12% in the ICMS aliquot charged on the fuel.
Value is the business expectation for the next 12 months. The health fair occurred in Dubai from January 28 to 31 and featured 30 exhibitors from Brazil.
Deals among companies in the Middle East and North Africa surged by 68.7% in last year over 2017, driven by transactions in the UAE.
The country produced an average of 2.586 million barrels per day last year. Natural gas production, however, grew by 1%.
Financial institutions estimate 6.5% SELIC by end of 2019, the same as it is now.
RCMA Group Brazilian office will show at Arab Brazilian Chamber pavilion in fair to be held in Dubai from February 17 to 21. Branch in São Paulo deals with sugar.
Tariff was increased from 5% to 10% on rebar and wire rod. Move falls in line with Gulf Cooperation Council.
Bicycle kick goal by Qatar player Almoez Ali made him the top scorer in the competition.
IBGE published Brazilian industry progress over last year. Only in December there was also an increase.
Minister of Agriculture will promote the participation of Brazilian companies in international fairs, such as the Annual Investment Meeting in Dubai.
