The Arab country generated USD 5 billion in revenues in Q1 of the 2017/2018 fiscal year, which started in July. State-owned companies generated USD 906 million, while VAT collected USD 2.8 billion.
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The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.
Brazilian women travelled to 24 countries, including three Arab ones, to speak with successful entrepreneurs. They’re about to put out a documentary encouraging other women to go into business.
The catalog of Marisa Ribeiro Tricot’s summer collection was shot at heritage and tourist sites in the Arab country, including the Pyramids, the city of Luxor and the Temple of Edfu.
A Formula-type race car design competition will take place next December in Piracicaba, São Paulo. Sixty-five teams will compete, including one from Egypt’s Higher Technological Institute (HTI).
Ilan Goldfajn said while speaking in Washington, DC that he believes inflation and interest rates will remain subdued in Brazil.
The OPEC expects demand to hike by 1.4 million barrels per day. It has revised its forecast due to an improved outlook for the global economy.
A report from UNCTAD shows nine more developing nations joined the ranks of those that depend on staples exports between 2010 and 2015.
Brazilian Finance minister Henrique Meirelles said so during a lecture in Washington, DC, and that in order for that to happen, macroeconomic reforms are needed.
A selection process will be held next Saturday (14) in São Paulo. Candidates must be 21 or older with at least a high-school diploma.
The region’s GDP is expected to be up 1.2% this year and 2.3% in the next, while Brazil is seen growing 0.7% in 2017 and 2.3% in 2018.
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.
Officials from the Arab country and the South American bloc will sit down next November in Brasília, in a follow-up to discussions during a trip by Brazil’s FM Aloysio Nunes to Morocco to attend a WTO meeting.
The United States Department of Agriculture indicates that Brazil will see 107 million tons in its 2017-2018 crop season, down 6.1% from the prior harvest.
