Companies will exhibit at a stand organized by the Arab Brazilian Chamber of Commerce and the Embassy of Brazil in Syria. The trade show will run from September 5 to 15.
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The North American currency, for a period, had surpassed BRL 4.20 this Thursday. The Brazilian Central Bank (BC) sold USD 1.5 billion worth of currency swaps.
At Cachoeiro Stone Fair, in Espírito Santo, a representative of the Arab Chamber talked about business opportunities in the region.
A São Paulo-based network of 18 outlets was one of 11 international buyers which convened with 54 UAE companies at an event held by Dubai Exports.
The Brazilian Development Bank (BNDES) said three units – in Acre, Rondônia and Roraima – will be auctioned on Thursday (30).
The credit rating agency changed its outlook on the Arab country’s rating from stable to positive, mainly a result of advances made in reforms.
The sector generated BRL 3.5 billion (USD 880 million) last year, BRL 500 million (USD 125.70 million) more than in 2016. The country has 17,000 registered organic producers.
The North American currency ended this Tuesday at BRL 4.14, up 1.48% over the previous day.
Foreign sales from Brazil reached USD 703 million, down 3.3% from a year ago.
The Brazilian state-run oil company began purchasing aviation fuel and diesel oil from abroad to make up for reduced supply resulting from a fire in its Paulínia refinery.
The fourth week of August saw exports reach USD 4.027 billion, with imports amounting to USD 3.586 billion.
A presentation on business opportunities in Arab countries will take place on August 29 at the International Marble and Granite Fair in Cachoeiro de Itapemirim, Espírito Santo.
The Brazilian Central Bank’s weekly survey shows that financial institutions expect a 1.47% growth for the Brazilian economy this year. Last week, the banks’ GDP forecast stood at 1.49%. The inflation forecast was revised up.
In a couple of days, BNB Importação e Exportação will get to the country the second container with a supply of Al Badawi olive oil. The brand is already on the shelves in three Brazilian states and will hold a week-long tasting at Empório Hortisabor, starting Monday (27).
