A Brazilian Central Bank poll shows the economy picked up in 2017. The official GDP indicator from the Brazilian Institute of Geography and Statistics (IBGE) is yet to be released.
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Nutrire, one of the exhibitors at the Arab Chamber’s stand, sealed an exporting deal a few hours after the expo’s opening in Dubai. The organization’s stand had a high number of visitors in the first day.
Brazil will have a significant participation in the 2018 edition of the food industry expo in Dubai. And the Arab Chamber will have a stand in the event, regarded as the sector’s most important fair in the Middle East.
Sales from Brazil increased in 2017 from 2016, whereas total foreign sales of milk-based products slid. Exports to Saudi Arabia weakened, but Algeria resumed buying Brazilian product.
Expectation index regarding the improvement of the country’s economy went up 4% year-over-year, according to a survey by SPC Brasil and CNDL. Even so, it hasn’t yet reached an optimism level.
The three-day event in Kuwait gathered representatives of 76 countries, plus the UN secretary-general. Gulf nations announced the largest investments.
The financial market, for the second consecutive week, revised down its inflation rate forecast for Brazil this year.
The country will step up negotiations to become full member of the Organisation for Economic Co-Operation and Development, with the support of the Brazilian diplomatic representation in Paris, where the organization is located.
The Arab country imported over 80 trucks from the automaker from São Bernardo do Campo (São Paulo metro area). Most of the orders placed were for the garbage truck model Atego 1729 4×2.
The ‘Invest in Iraq’ Conference presented 212 projects in areas that need investments from the international community. Brazil was represented by Karen Jones, from Apex-Brasil.
In its first day, the Kuwait International Conference for the Reconstruction of Iraq (KICRI), in Kuwait City, held a panel on the Role of Financing Institutions. Authorities underlined the country’s potential.
Event on the country’s reconstruction takes place this week in neighboring Kuwait. Over 70 countries and international organizations are expected to attend it.
The volume of sales increased over 2016, after two years of decline.
São Paulo-based samba school Unidos de Vila Maria will perform during the Brazilian Festival, which begins on February 22 at Yas Mall, in the capital of the United Arab Emirates.
