Financial market players see this year ending with a 2.88% rate, down from a prior 3.03% estimate. Expected economic growth edged up from 0.89% to 091%.
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Devised by the Federation of Muslim Associations and taught at diplomacy school Instituto Rio Branco, in Brasília, the program featured a lecture by Arab Brazilian Chamber president Rubens Hannun.
The possibility that the revocations of tariffs, detailed in the Mercosur-Egypt free trade agreement, can be implemented sooner, was discussed in a forum at the Arab Chamber this Friday.
A delegation from the Arab country is holding a seminar on the Mercosur agreement this Friday in São Paulo. On Thursday evening, the group met with Arab Chamber’s directors.
After a five-and-a-half-year stint in São Paulo, Kabalan Frangieh will assume the post of ambassador in Johannesburg, South Africa. A farewell luncheon was held at the Arab Brazilian Chamber of Commerce headquarters.
The agency will work alongside the embassies’ trade offices in the development of sector projects. In a review of 2017, Apex’s president said that Apex-supported companies accounted for 28% of Brazilian exports.
Brazil’s Electrical Energy Research Center (Cepel) launched an Ultra-High Voltage Laboratory in Rio Janeiro. The country is now the second in the world to have a unit of this kind – China’s the first.
Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has issued a pre-request for proposals and the draft contract for the tender of 70 exploration blocks.
Brazil exported USD 83.4 million worth of footwear, down 0.9% over the same month of last year. The UAE is one of the main markets.
Prices of internationally traded primary products increased in November over October. Year-over-year, prices have climbed 0.84%.
The organization welcomed clerics from the Arab community in São Paulo on Monday at an event to mark the end of the year.
Industrial production climbed year-on-year and hit its highest number since April 2013.
Brazilian medical technology association Abimo and export promotion agency Apex-Brasil have renewed their commercial promotion agreement, with plans including going to four expos in Dubai, as well as having a mission to the region in 2018.
The United Nation’s agencies will need USD 22.5 billion for basic aid to 91 million vulnerable people in 2018.

