The Dubai-based port operator entered into an agreement to become the majority stakeholder in Puertos y Logistica S.A., which owns seaports Central and Lirquen.
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Financial institutions estimated the Brazilian economy will grow 2.57% this year. Last week, the projection was 2.53%.
Last year saw the countries purchase a combined 341,660 tons of Brazilian cattle meat, which amounted to nearly 21% of total beef exports from Brazil.
The largest food and beverage fair of the Middle East is taking place from February 17 to 21 in Dubai. Companies wishing to participate in the event may register until January 24.
Managing director of the IMF said the country needs financial assistance more than ever in order to deal with the great number of refugees while doing the tax adjustment.
The air freight company is adding a route to Bogota, Colombia in partnership with Avianca, bringing its South America-Dubai frequency to six flights and 500 tons’ worth of goods carried per week.
Change was higher than in 2017. Extended National Consumer Price Index was influenced specially by the 4% increase in food prices.
The new ambassador from Kuwait in Brasilia, Nasser Almotairi paid a visit to the Arab Chamber and told ANBA that one of his priorities is to strengthen economic relations.
President Jair Bolsonaro decided not to use his veto power. The joint venture controlled by the American company will take over the commercial area of the Brazilian company.
The Arab country boasts 2,965 megawatts in installed capacity for renewable energy, and it expects to add 10,000 MW by 2030.
The Brazilian Institute of Geography and Statistics (IBGE) expects a 3.1% bigger harvest in 2019, while the National Supply Company (Conab) sees volume going up 4.2% in the 2018/2019 crop-year.
Aside from April, all months of last year showed declines according to Brazilian Association of Shoe Manufactures. Imports grew during the period.
The country has 268.5 billion barrels of proven reserves. Following auditing by DeGolyer and MacNaughton, the previous estimate was raised by 2.2 billion barrels.
Brazil had joined the UN pact last year, but the new Brazilian president said “not anybody can come into our home.”
