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.
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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.
ECLAC forecasts a decline of 5% in the flow of foreign direct investments in 2017, after a drop of 7.9% in 2016. However, Brazil attracted more resources last year and in 2017’s first half.
A survey of financial institutions conducted by the Brazilian Ministry of Finance shows a primary Central Government deficit of USD 49.3 billion, up from a prior projection of USD 46.2 billion.
The July forecast from the Brazilian Institute of Geography and Statistics for the 2017 crop in Brazil is 0.7% higher than the one from June. The crop is seen reaching 242.1 million tons this year, up 31% from 2016.
Senators convened this Wednesday to establish the entity, presided over by senator Cristovam Buarque. The goal is to build ties between the countries’ legislative powers.
