From January to August, exports to Arabs climbed 5% in volume, according to the Brazilian Coffee Exporters Council (CECAFÉ). The performance is opposite to general sales, which declined 9.2% in the same period.
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The financial market increased its forecast for the Brazilian economy in 2017 for the third consecutive time. It expects the GDP to grow 0.6% this year.
The Middle East is the primary market for São Paulo-based cosmetics brand SPHair. Half of the company’s distributors in the region are women.
The country is a priority for the 2017-2019 edition of a project, renewed recently, created by the sector’s association, ABIMAPI, and exporting agency Apex-Brasil. The sector will be at the Yummex fair in Dubai this month.
Hatem Masri came to Brazil fleeing the war in Syria. Now, he sells specialties of the Arab cuisine in a recently-opened space at Brigadeiro Faria Lima avenue.
A show in Forquilhinha, Santa Catarina features over 1,000 boxes with photograph and illustration prints, including ones from the Arab country that date from the 1950s.
The number of constructed buildings in the emirate reached 913 from April to June, 162 more than in the same period of 2016. Increase in population and the urban growth rate impacted the numbers.
The power plant ended August with 100% productivity and generation of 7.23 million megawatts per hour. 2017 can be among the five best years of the Itaipu power plant since it was opened.
Free trade agreement between Mercosur and Egypt went into effect last week. In an interview to ANBA, Brazil’s secretary of Foreign Trade, Árabe Neto, said that 63% of the bloc’s exports will be covered immediately.
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.
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.
