Industry association Anfavea reported USD 1.46 billion in revenue last month and USD 10.3 billion year-to-date. It has revised up its forecasts for 2017.
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Financial institutions of the emirate registered a net income of AED 9 billion (USD 2.45 billion) from April to June, an increase of 4.6% over the same months of 2016.
Prices went down 2.06% over July, according to a survey by the Brazilian Central Bank (BC). The data considers the price of six Brazilian primary products sold abroad.
The Extended National Consumer Price Index (IPCA), index of the official inflation rate, stood at 0.19% in August and now is at 1.62% in the year’s first eight months.
The country’s 2017/2018 crop season begins in November and the government forecasts that production will be higher than in the past two seasons.
Industrial output increased 0.8% over June, the fourth consecutive expansion in this type of comparison, according to survey by the Brazilian Institute of Geography and Statistics (IBGE).
A seminar in partnership with Recife-based organization CESAR is part of a lecture cycle that the Chamber will support, focusing on innovation, creativity and technology.
Six new ventures will be unveiled by the developer at the real estate industry event Cityscape Global 2017, set to take place in Dubai next week.
Production averaged 115 million cubic meters per day in July, exceeding the previous record from December 2016.
Volume shipped and revenue from foreign sales of chicken from Brazil picked up year-on-year, with total amount reaching the third highest mark on record.
The inflation estimate dropped and the growth forecast widened, a Brazilian Central Bank bulletin says. Financial market players are expecting prices to be up 3.38% this year with GDP going up 0.5%.
The organization’s new headquarters has an entire floor that can be used to host a variety of events. It has an auditorium, room for receptions, meeting rooms, library and all the infrastructure needed.
The Arab country’s ambassador discusses areas of Brazil’s economy that could be targeted by investments from the emirate. The ratification of a 2010 agreement would make this easier to happen.
Executives from the emirate’s economic zone talked with representatives from the Brazilian and Minas Gerais decorative stones sectors this Friday in Belo Horizonte.

