Business delegation will visit Mauritania, Egypt, Tunisia and Jordan from April 10 to 25. The idea is to take up to 20 Brazilian companies, especially from the food and beverages, agribusiness, footwear and cosmetics sectors.
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The Brazilian central government (National Treasury, Social Security and Central Bank) managed to save over USD 9.5 billion for paying interest on its debt.
Al Ahram expects to reach USD 100 million worth of businesses with Brazil this year. The Mercosur-Egypt free trade agreement encouraged the company to invest in the country.
The financial market’s forecast points to a 2.89% growth this year and 3% growth in 2019 for the Brazilian economy. The forecast for 2018 improved in comparison to last week.
Expenditure by citizens from Brazil in other countries came out to USD 2 billion last month, the Central Bank said. It was the biggest amount since January 2015.
Compassiva, in a partnership with the UN, is working on the project of recognition of degrees since 2015. To this day, 160 cases were taken, with 18 diplomas received and 48 still ongoing.
This is the second lowest IPCA-15 rate for a February since the 1994 government plan Plano Real. The lowest-ever rate was the one from February 2000.
The Tunisian ambassador welcomed journalists in Brasília, with other events due in Rio and São Paulo. The goal is increasing date and olive oil exports, as well as introducing Tunisian-made wine in the market.
The amount from deals expected by Apex-Brasil as a result of the Dubai food industry show exceeds 2017 results by 25%. Another deal was struck at the Arab Chamber stand.
The bank’s chairman Paulo Caffarelli believes consumption will once again be the primary driver of economic growth.
Brazilian business owners are still confident in the scenario and in their own businesses, but the index which gauges satisfaction dropped marginally in February from January.
In an interview with ANBA, the Brazilian ambassador to the Arab country, Norton Rapesta, champions more frequent visits by authorities, stressing that this would fuel deal-making.
A group headed by Ibrafe, the sector’s association visited Gulfood to have a better grasp of the global market. Brazilian production is highly concentrated on carioca beans (similar to pinto beans).
Fundação Getulio Vargas’ index shows that Brazil’s economy grew last year. However, this is not the official GDP, which is measured by the Brazilian Institute of Geography and Statistics (IBGE) and comes out in March.
