The Brazilian Ministry of Agriculture estimates that agriculture and livestock production will amount to BRL 535.4 billion this year, with grains, cotton, oranges and sugarcane as best-performing crops.
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The Arab country saw Gross Domestic Product growth outpace the 1% rate recorded in the first half of 2016.
Countries in the region accounted for 22% of total foreign sales for the Brazilian meat packer from July 2016 to June this year. Sales to Saudi Arabia were up 150% in the 12 months through June 2016.
Sales volume of the sector went up in June over May in Brazil, according to the Brazilian Institute of Geography and Statistics (IBGE). It was the third consecutive increase.
The Brazilian children’s shoes manufacturer hopes to double the percentage of output that gets exported by expanding in the Arab world. A prospecting trip in October will cover Qatar, Bahrain, Saudi Arabia and Kuwait.
The logistics park in Dubai handled 27. 9 million worth of goods last year, with deals amounting to a combined USD 80.2 billion.
August’s second week registers USD 3.913 billion in exports and USD 3.04 billion in imports, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
The Brazilian Development Bank (BNDES) ended the year’s first six months with earnings, reversing the loss of the same period of 2016. Lower delinquency rate was one of the factors.
The estimate by financial institutions of how much prices should climb this year was revised up for the fourth week back-to-back, this time to 3.5% in 2017.
Michel Alaby, the Arab Chamber’s CEO, will give a lecture to entrepreneurs from the state and the West-Central region on August 24. The event is supported by the state’s federation of industries and registrations are open.
The UN Is accepting entries from students of pictures of subjects relating to its Sustainable Development Goals and the challenges that immigration and asylum entail. The deadline for entry is August 30.
From January to July, most returnees were internally displaced or had relocated to Turkey, Lebanon, Jordan and Iraq. The UN believes this is not a durable solution.
In this year’s Q2, the company earnings were lower than the same period of 2016. An extraordinary pension plan created for the employees impacted the results.
The Brazilian arm of the German automaker will supply the engines that will equip trucks sold in Africa and the Middle East. Destinations include Saudi Arabia and Algeria.
