Imports came out to USD 3.2 billion, leading to a trade surplus of over USD 1.8 billion.
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Foreign sales by the industry amounted to USD 8.48 billion. Soy was the top seller at USD 2.62 billion shipped out, up 78.8% from a year ago.
The results of a poll of financial market players in Brazil shows that prices are expected to have climbed by 4.13% at the end of this year, down from a prior 4.23% forecast.
The country’s economy grew year-to-date through September of this year.
The Tangier-Casablanca line was officially launched this Thursday by the French and Moroccan heads of state. The 340 km road trip between the two cities now will take two hours and ten minutes.
The university in Santa Catarina, Brazil will welcome the Arab Chamber’s Information Management Coordinator Marcus Vinícius at 7pm next Tuesday (20). Admission is free and registration is open.
The Brazilian Central Bank’s Economic Activity Index (IBC-Br) shows GDP climbing in quarter three from quarter two.
The director of the Ministry of Foreign Affairs’ Department for the United States, Canada and Inter-American Affairs, ambassador Ernesto Fraga Araújo, was appointed by Jair Bolsonaro to be the head of Itamaraty.
Arab Brazilian Chamber of Commerce president Rubens Hannun and Operations director Tamer Mansour attended the 6th Arab Conference for investment in Food Security in Fujairah, the UAE.
Since October of this year, oil prices have fallen by a quarter to below USD 70 per barrel. A report by the International Energy Agency was released this Wednesday.
The IPEA Gross Fixed Capital Formation index climbed 9.6% over Q2.
A study from Brazil’s Institute for Applied Economic Research (Ipea) shows that Brazilians spend an additional USD 34 billion per year on goods and services as a consequence of tax barriers.
Cosmetics company B2E held the launching ceremony of its plant at the Arab Chamber. The company hosted business partners and awarded trophies to representatives from Egypt, Saudi Arabia and Iraq.
Such was the total amount of imports, exports and re-exports to and from the emirate during the first half of 2018.
