A report made available by the UN’s body shows a growth estimate of 0.4% for the Brazilian GDP and of 1.1% for the economy of Latin America, after two consecutive years of decline.
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Q2 gold jewel sales amounted to 12.2 tons, up 9% from Q2 2016, but down from Q1 2017. Sales are expected to increase further towards the end of the year.
Brazil received 1.4% more investments in June over May, according to the survey conducted by the Institute for Applied Economic Research (IPEA).
The entrepreneur Dianna Ruas, from Minas Gerais, was invited by group Citadel Properties, from Sharjah, to develop a project of tropical forest-themed spas. Five units will be open in Dubai.
The Dubai-based oil company took out loans with seven different banks to fund projects in the next five years.
A Brazilian Central Bank survey shows costs declining in July from June. In the 12 months through July, prices increased by 0.54% year-on-year.
Foreign sales volume climbed 6.2% last month, in the first increase since Federal Police operation Carne Fraca began. Industry association ABPA said the UAE, Egypt and Kuwait fueled the results.
An Apex-Brasil study shows revenue from sales of items such as teas and coffee going from USD 774 million to USD 1 billion. The leading supplier of green coffee to the UAE, Brazil is looking to increase specialty coffee sales.
The country shipped 100 million barrels of petroleum abroad last month, averaging 3.2 million barrels per day.
Sales from Brazil to the region came out to USD 974 million In July, with imports amounting to USD 261 million. Overall, Brazil’s trade surplus was the highest on record for the month.
The shipping company’s vessels will make stops at ports in Morocco, Algeria, Ukraine, Romania, Turkey and Malta.
Industrial production in Brazil grew in the first six months of the year. It was the best result for this period since 2013.
Volume extracted from the pre-salt on the Brazilian cost in June exceeded post-salt’s volume for the first time.
Foreign sales of lumber, paper and wood pulp increased in the year’s first six months, generating revenues of USD 4 billion to Brazil.
