The Organization for Economic Co-operation and Development revised its 2018 projection regarding the Brazilian economy from 2% to 1.2%.
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Money sent from foreigners living in the UAE to their home countries totaled USD 24 billion in H1 2018.
The indicator rose in Q2 2018 over the first quarter, reaching the highest level since Q4 2015.
The three months through July saw activity weaken in the country from the three months through April, as per the GDP Monitor survey from think tank Fundação Getulio Vargas. (FGV)
After the reopening of movie theaters in Saudi Arabia, the sector is seeing a strong growth in the region.
The organization’s president, Rubens Hannun, visited Damascus and met local authorities and business owners. ‘Brazil is welcome in Syria’s reconstruction process’, he said.
The index, measured by Fundação Getulio Vargas, dropped 3.1 points in Q3 2018 over the previous quarter.
A delegation of businesspersons led by Brazil’s foreign minister Aloysio Nunes will be in Cairo on November 13 and 14 with support from the Arab Brazilian Chamber. The goal is to increase and diversify bilateral trade.
The Arab Brazilian Chamber’s CEO Michel Alaby will deliver a lecture on “How to do Business with Arab Countries” at the Federation of Industries of the State of Mato Grosso on September 21.
Brazil’s economy showed growth for the second straight month in July, as per the Central Bank index that tracks GDP behavior.
Brazil’s Ministry of Foreign Relations released a publication outlining the views of diplomatic planners from 19 countries and regions regarding the international scenario and outlooks. Egypt’s joint minister Amal Mourad wrote a chapter on the future of the State.
The North American currency slid 0.69% this Friday after having reached a record high on Thursday.
Brazil saw 4,470 MW year-to-date through July. Energy from wind sources makes up 7% of all power generated in the country.
Brazil shipped out 114,420 tons last month, up 17.6% over August 2017.
