The IMF highlighted the efforts by the Arab country to strengthen the economy after the embargo by neighboring countries. Government is pushing forward the fiscal adjustment and diversifying import sources.
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An index from think tank Fundação Getulio Vargas dropped month-on-month, although it remains high, a sign that people aren’t planning to purchase or invest much.
Brazilian Institute of Geography and Statistics (IBGE) figures show there are 207,660,929 residents in the country, a bigger number than last year.
The president of the organization’s Management Council had the auditorium of the new Arab Chamber headquarters, in São Paulo, named after him.
Executives from the Ras Al Khaimah Economic Zone (RAKEZ) gave a lecture at the Arab Chamber this Tuesday (29). The goal is to attract companies from Brazil, offering the possibility of separate facilities for the country.
Brazil’s Central Government saw a primary deficit to the tune of BRL 20.1 billion in July. Year-to-date, a BRL 76.3 billion primary deficit was also the widest ever.
The capital gains tax levied on remittances from Brazil to other countries has changed. Instead of a single 15% charge, now there are four different tax brackets.
The event, organized by the Federation of Muslim Associations of Brazil will take place at the São Paulo Museum of Art (MASP) on September 20. The topic will be debated under the perspective of the new Migration Law.
In the fourth week of August, exports came out to USD 5.145 billion and imports clocked in at 2.991 billion, according to the Brazilian Ministry of Industry, Foreign Trade and Services.
Brazil’s external and domestic debt slid to a combined BRL 3.34 trillion last month, primarily due to a hike in its currency – the real – relative to the currencies that comprise its foreign-denominated debt.
A poll of financial market players in Brazil shows expectations regarding the increase in prices this year moving from 3.51% to 3.54%. GDP is now seen growing by 0.39% this year, up from 0.34% in the last poll.
The Açaí Spot, the first coffee shop specialized in açaí berry in the United Arab Emirates, is now franchising. The goal is to open from 30 to 50 stores in the next five years.
The technology company based in Paraná state launched a portable device for medical exams, with results coming out in ten minutes. It already sells pulse oximeters to the Arabs and will offer the new product in 2018.
Souk Burger went into business last June in São Paulo’s Pinheiros neighborhood. Kibbeh, kofta and baba ghanoush hamburgers are accompanied by other typical Arab items.
