Financial institutions polled by the Brazilian Central Bank expect the economy to expand by 2.70% this year, down from a prior 2.75% forecast.
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Representatives of Arab exhibiting companies at trade expo APAS Show 2018 visited the headquarters of the Arab Chamber this Monday and watched presentation on the potential of the Brazilian food market.
A group with 42 companies will attend Beautyworld Middle East, which starts on Tuesday (8) in the UAE, via the project Beautycare Brazil. The Arab Chamber is a partner in promotion actions focusing on digital influencers.
Four oil and gas blocks in the Campos and Santos basins will be auctioned under a production-sharing scheme. The auction is expected to take place on September 28.
The 34th Apas Show will run from May 7 to 10 at Expo Center Norte, in São Paulo. One of the leading industry shows, it will feature exhibitors from Egypt, Sudan, the UAE, Lebanon and Tunisia in an Arab Chamber pavilion.
Foreign sales of fruits generated USD 3.1 billion to the African country in four months, an increase of 97%.
The Brazilian cars, light commercial vehicles, trucks and bus bodies market totaled 762,900 units from January to April, according to the sector’s association.
Brazil saw a surplus of USD 6.142 billion in April, 12% less than in the same month of 2017. Exports declined and imports went up.
The price index of commodities produced in Brazil increased 4% over March, according to the Brazilian Central Bank (BC). This year, the index has risen 3.64%.
The International Monetary Fund released this Wednesday the report Regional Economic Outlook for the Middle East and North Africa, underscoring five main points.
Brazilian company Biowash produces cleaning products for household and business venues with 100% natural inputs and has exported products to Dubai in the past.
Primary deficit stood at BRL 25.135 billion (USD 7.36 billion), the worst result for the month in the Brazilian Central Bank’s historical series.
For the twelfth time, Sindipeças, the sector’s association, is organizing a delegation for Automechanika Dubai, one of the Middle East’s main trade expos of the sector.
A conference and panel take place this Wednesday (2) in Dubai with the IMF’s director of the Middle East and Central Asia Department, Jihad Azour.
