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According to Arab Chamber International Business executive Fernanda Baltazar, turnout was very strong at the Brazilian Beef Exporters Association’s stand during Arab Halal Day at the Anuga expo in Germany.

The world economy is expected to grow by 3.6% this year and 3.7% in the next. These projections are more optimistic than the ones from April. The forecast for Brazil moved up by 0.5 percentage point.

The country’s banking sector had USD 723 billion worth of assets in the first half of this year, the biggest amount of any Gulf Cooperation Council country and up 1.7% from the second half of 2016.