Federal revenues totaled slightly less than BRL 110 billion (USD 35.17 billion) last month, down 0.34% in real terms over July 2016.
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The Gaza Strip will get money from a humanitarian fund to mitigate the effects of an energy crisis that’s been impacting the region for four months already.
Company Interfruit Alimentos ships three pallets’ worth of papaya and Formosa papaya a week to the United Arab Emirates’ Spinneys chain. Asian competition weighs down on sales.
The Dubai-based port operator reported positive first-half results. It saw revenue go up by 3%.
Brazil’s stand at the Damascus International Fair had received at least 250 commercial contacts until this Wednesday (23). Visitors were looking for a wide variety of products.
Brazil’s National Supply Company (Conab) predicts a sugarcane harvest of 646.3 million tons, which is 1.7% less than in the last crop.
Industrial zone Robbiki Leather City is currently under construction in the Arab country. Local tanneries are being relocated to the area, and bringing in non-local capital is in the plans.
The Água Fresca brand of Belo Horizonte, Minas Gerais turned to Morocco for elements to draw on for its Spring/Summer. The company’s owner and a designer took a trip to the Arab country last May.
Auctions for exploration and production sharing agreements in oil blocks will be held on October 27.
The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.
In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
Sales to the region fetched USD 1.1 billion in July, up 14% year-on-year. Egypt was the top buyer in the month. Year-to-date through July, sales increased by 15% to USD 7.16 billion.
The expo at the Syrian capital is taking place for the first time since 2011. The Brazilian stand is hosting four companies, two from the cosmetics sector and two from the pharmaceutical sector.
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower oil prices brought forth many consequences to the economy and the need of a fiscal adjustment.
