The conglomerate intends to sell properties, stakes and businesses in Brazil, the United States, Canada and Ireland to a total of USD 1.8 billion.
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Taxes and contributions paid to the Brazilian federal government slid 0.9% year-on-year, but increased year-to-date through May from the year-ago period.
France’s PSA is also the owner of brand Citroën. The manufacturing is due for completion in 2019 and its production capacity will be 200,000 vehicles per year.
Mohamed El Moghraby toured this Monday afternoon the organization’s new headquarters, which opened at the end of April.
Brazil’s exports and imports balance had a surplus last week. Positive results were also registered in June and also year-to-date.
Financial institutions estimate that prices will be up 3.64% this year and the economy will see 0.4% growth.
The state-owned company produced, on average, 2.18 million daily barrels per day in Brazil in May.
Respondents of a poll by Export and Investment Promotion Agency (Apex-Brasil) named the Arab country as one of the five most promising for investment in non-domestic operations in the next three years.
Dairy companies exported USD 15 million worth of product to Arab nations from January to May this year. The region is the second biggest importer of Brazilian dairy products.
After a few years of distributing items by other brands in the Arab country, entrepreneur Ana Zakhour began to market her own line of hair products. She hopes to sell to other destinations in the region.
The first model designed and built in the Arab country will be exhibited during the 24 Hours of Le Mans, the traditional race that takes place this weekend in France.
The United Nations Children’s Fund announced that crucial aid activities for the survival of the children and on the verge of being cut off for lack of funds.
The Brazilian Central Bank index signals that Brazil’s economic activity went up in April over March. In comparison to the same month of 2016, the increase was even sharper at 0.51%.
The Philips-made healthcare management program Tasy will be adopted by a facility in Riyadh. It will be the first facility in an Arab country to employ the Brazilian system.
