The North American currency ended this Tuesday at BRL 3.767, up 0.98% over the previous day.
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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.
The Arab Chamber’s president, Rubens Hannun, discussed the idea this Friday with Hind Al Qasimi, Acting Chairperson of the Sharjah Business Women Council.
The index which tracks activity dropped from 46 points in June to 45.4 in July.
The Brazilian state-run oil company posted BRL 10.7 billion in net profit in quarter two this year, up 45% from a year ago.
City Hall secretaries visited the Arab Chamber this Thursday to discuss ways to build closer ties with the region. The municipality is looking to build closer trade and culture ties with the Arab world, and plans include events.
The Petrobras subsidiary that operates in the fuel distribution sector posted a net profit of BRL 263 million (USD 72.90 million) in Q2 2018.
The National Agency of Petroleum, Natural Gas and Biofuels (ANP) said output averaged 3.3 million boed in June.

