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The Arab Chamber’s Michel Alaby, Apex-Brasil’s Karen Jones and the Paraná Development Agency’s Adalberto Neto are attending the Future Investments Initiative conference, which began this Tuesday in Riyadh.

That’s the forecast made by financial institutions in Brazil for the Extended National Consumer Price Index (IPCA) in 2018. Last week, their estimate stood at 4.43%. It’s the sixth straight time that banks revise up their forecast.

The business meeting will take place on November 7, in São Paulo, and will be attended by the country’s minister of Investment and International Cooperation, Sahar Nasr, and Mohab Mamish, chairman of the Suez Canal Authority, plus business owners.