Chairman Artur Grynbaum made the announcement during an event in São Paulo. The brand has a store in Dubai and will open another one soon. ‘Dubai is a major consumption hub,’ the executive said.
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The month ended with 10.54 million pairs of shoes shipped, up 6,6% year-on-year. Foreign sales had been on a downward slope since May.
The biggest such facility in Brazil handled 110.6 million tons of cargo from January to October. However, October alone saw volume drop by 9.8% year-on-year.
January to November saw 2.3 million brand new vehicles sold in the country, up 15% from a year ago. Domestic sales made up for weaker exports.
The institution announced a new loan program. The primary focus will be on promoting small businesses, which account for most of the jobs in the country.
Truck sales by the carmaker’s Brazilian arm climbed 30% to date this year. The company is looking to end 2018 with a 40% increase in sales to the Middle East and Africa.
The United Nations Conference on Trade and Development estimates that merchandise exports will amount to USD 19.6 trillion by the end of 2018.
The event on the Global Compact for Safe, Orderly and Regular Migration is taking place in Marrakech on December 10 and 11. The Brazilian foreign minister Aloysio Nunes will represent the country.
São Paulo – Entries will be accepted until December 14 from Brazilian enterprises looking to join Design Export, a contest whereby technical and financial support will be given for product and packaging design. The contest is being held by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and by design hub Centro Brasil Design (CBD). Two
The state-run oil company released its business plan for 2019-2023. The bulk of funds will go into exploration and production.
US dollar outflows exceeded inflows last month. The deficit stemmed from financial operations.
Brazil’s National Agency for Petroleum (ANP) has authorized nine more enterprises to bid for oil and gas exploration and production in previously tendered fields or blocs that were given up on by the winning bidders.
The Arab Brazilian Chamber of Commerce welcomed a delegation from the Arab-Mozambican Chamber, established just six months ago.
A seminar held by an international relations and foreign trade institute addressed the challenges facing the incoming administration, featuring ambassadors Rubens Barbosa and Osmar Chohfi.

