A Saudi Arabian distributor is expected for meetings with Brazilian companies starting Tuesday, through an initiative of pharma industry association Abiquifi and trade promotion agency Apex-Brasil.
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The Brazilian Diaspora will descend on the city from May 23 to 25, representing expatriate communities from about 30 different countries, including Lebanon and the UAE.
The United States currency closed up 1% to BRL 3.74 on Friday.
In April, the country’s airports received over 2 million passengers. The Casablanca terminal accounted for 40% of the total.
The IMF released a preliminary report of a visit to the Arab country and praised the efforts made to go forward with the reform program. The Fund should disburse other USD 2 billion to Egypt as part of their agreement.
The North American currency had an appreciation of 0.61% over the real this Thursday. It was the currency’s fifth consecutive appreciation.
Banks surveyed by the Ministry of Finance expect a deficit below the official target for this year.
Brent North Sea crude oil reached USD 80.18, the highest price in four years.
A business delegation led by the Arab Brazilian Chamber has been to Egypt, Tunisia, Mauritania and Jordan, and such is the worth of deals expected to come to fruition in the coming 12 months.
Purchases saw a 10.8% drop in April and a 13.2% drop in the first four months of the year.
A Brazilian company struck a deal to purchase two containers’ worth of the product in preserve from Egypt during B2B sessions last week.
The growth seen in 2018’s first three months is the highest since 2014’s Q2.
The United States currency ended the day selling for BRL 3.661, up 0.9%, climbing for the third straight day.
A ceremony in Brasília remembered the 70th anniversary of the day in which over 700,000 Palestinians were banished or fled their lands with the establishment of the state of Israel.
