Purchases were done in Q1, according to a survey by KMPG. Mergers and acquisitions increased 15% in the period in the country.
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The facility is downtown in Itajaí, a port city that’s a major shipping hub to Arab countries. The goal is to cut costs and enable swifter processes, as well as build close ties with Chamber members in the region.
For the third consecutive month, the country registered a current account surplus in April.
Brazil is going through the fourth day of a truckers’ strike, which has been impacting foreign sales, since meat cargos have been having difficulties to reach the ports. Per day, exports have declined by nearly 1,200 containers.
The energy, water, technology and environment sectors trade expo WETEX is scheduled for October 23 to 25 in the emirate. Registrations are open to Brazilian companies interested in attending.
So said the Brazilian foreign minister Aloysio Nunes. He also said he is ready to sign a Brazil-Morocco Cooperation and Trade Facilitation Agreement.
An IMF staff mission traveled to the Arab country and advised the government not to increase spending on the back of the oil price hike, as well as meet fiscal targets.
A poll by Brazil’s National Confederation of Industry shows a rebound in Brazil, where investments had been going down since 2014.
The Embassy of the United Arab Emirates in Brazil is accepting submissions from Brazilian university students for a contest of movies about the country’s founder Zayed bin Sultan al Nahyan.
The Arab country’s Ministry of Oil is seeking to attract investors for the construction of the plant, planned for a capacity of 70,000 barrels per day.
The announcement was made this Tuesday (22) after a meeting between the president of the New Development Bank (NDB) with the Brazilian FM in Shanghai. The office will open until the end of the year.
‘Instruments’ features a selection of nine video installations by Tunis-born artist Ismaïl Bahri.
Rudy El Azzi took the post of Lebanon’s general consul in São Paulo in April and met with members of the Arab Chamber’s board of directors this Tuesday.
The new Immigration Law went into effect one year ago this week and the government is preparing a project to attract skilled foreign professionals.
