Over 30 members of ABPA and ABIEC, the sector’s associations, are at the Brazilian meat pavilion in the Dubai fair. The space has a mezzanine for product tasting. Minerva and JBS have their own stands.
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An indicator from FGV covering industry, services, consumption, production, exports, stock exchanges, etc., was up 1.3% in January, a stronger rate than last December’s.
Index measured by the Institute for Applied Economic Research (IPEA) shows that investments went up in last year’s Q4 but declined during 2017.
Brazil 2 Export will join the Brazilian Festival in Abu Dhabi and a North Africa mission, both of which are organized by the Arab Chamber. Its new plant launch ceremony will take place at the Chamber’s facilities.
Apex-Brasil selected eight companies that just began to export to attend this year’s edition of the food industry expo trade in Dubai.
Kenza Fertonani began as a trainee in the Brazilian company and now heads the exports department. The company is attending Gulfood in an attempt to enter the Arab market.
Financial market players expect prices to be up 3.81% in Brazil this year. Last week’s forecast had been 3.84%. The GDP estimate has also improved.
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.
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.
