Think tank Fundação Getulio Vargas’ index on current scenario and future expectations dropped in July from April.
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The company’s exports to the region reached 2.3% of the total in the year’s first half. Exports to Africa also increased.
The budget deficit of the Arab country shrank to SAR 7.3 billion (USD 1.97 billion) in Q2 2018. In Q1 2018, it was SAR 34.4 billion (USD 9.29 billion).
Last month, the increase in prices reached 0.33%, below the 1.26% registered in June.
The company redirected part of the cuts from Brazilian plants that used to go to Russia to the region. The Russian market still hasn’t lifted the ban to Brazilian beef imposed at the end of last year.
An agreement was reached this Tuesday at the Arab Brazilian Chamber of Commerce in São Paulo. An Egyptian importer is bringing the franchise into 17 other markets.
The North American currency ended this Tuesday at BRL 3.767, up 0.98% over the previous day.
Sales from Brazil to the Arab country totaled USD 6.46 million from January to July, a decline of 17.4% over the same period of 2017.
The second auction of the Brazilian federal government’s stake in production-sharing contracts will be held on the 31st at the São Paulo Stock Exchange.
Fashion and jewelry designers from the emirate presented their collection in a fashion show this Tuesday at Palácio Tangará. The show was part of an introduction event of Nama, the non-profit organization that aims to support and empower women in Sharjah. Brazilian women were invited to be a part of the council.
Foreign sales from the country declined year-on-year in July, the National Motor Vehicle Manufacturers Association (Anfavea) reported.
From January to July, 104,600 units were sold in the Arab country, 89,100 of which were imports.
The expectation from financial institutions regarding the 2018 Extended Consumer Price Index (IPCA) remains the same as last week’s.
The North American currency ended the Friday at BRL 3.707, while the Ibovespa reached 81,435 points, its highest point since May 22.

