USD 526 million worth of product got shipped from Brazil, up 6.3% from February 2018, with added demand from Asian countries, notably China. Half of Brazil’s top ten destinations are Arab countries.
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The prime minister said on Twitter that regulations are in place for issuance of long-term visas, which will be granted to investors, entrepreneurs, scientists and students meeting the requirements.
Over 7 million people joined the celebrations in Rio de Janeiro.
Financial institutions are expecting the Brazilian economy to see 2.28% growth in 2019. The estimate is down than that of last week.
The company Geraes prepares to open a unit in the Arab country after winning a local contest of start-ups and being selected to show at Special Olympics in Abu Dhabi. It creates solutions for disabled people to use computers.
The first two months of the year saw a USD 810 deficit, up 11% from a year ago. Both exports and imports picked up.
Sales from Brazil to the region fetched USD 1.2 billion in the first month of 2019, up 18% from a year ago.
The Gulf country imported USD 990.4 million worth of goods worldwide in the first month of this year. Brazil ranks as its the fourth international supplier, as per data from Bahrain’s Information and eGovernment Authority.
Brazil produced on average 2.6 million barrels per day in the first month of 2019.
Dollar inflows outpaced outflows last month in Brazil.
UN body recommended that the Arab country adopts policy to boost foreign direct investment. Government is willing to adopt them.
Buyers from the UAE, Qatar and Saudi Arabia will be in the food show in São Paulo. They have scheduled meetings with exhibitors and Arab Brazilian Chamber’s associates.
Organization’s projection for the Brazilian GDB growth released this Wednesday (6) decreased compared to estimate from November 2018.
Two auctions to hire new energy are predicted to 2019, two to 2020, and another two to 2021, according to Brazilian Ministry of Mines and Energy.
