The European Bank for Reconstruction and Development (EBRD) will provide a USD 11 million loan to a petrochemical industry company.
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A delegation led by Brazil’s Agriculture minister Blairo Maggi will travel to Kuwait, Saudi Arabia, the UAE and Qatar. The goal is to demonstrate the quality of Brazilian goods and to draw investors in.
Damaskinos Mansour and other prelates from the Orthodox Church of Antioch toured the organization’s new facilities this Friday (12). They were welcomed by president Rubens Hannun and by board members.
In the first quarter, the state-run oil company produced 2.805 million barrels of oil equivalent per day, up 7% from a year ago.
The Middle East Stone Fair will open on May 22 in the UAE, with a Brazilian pavilion featuring 15 companies. Industry association Abirochas and the Arab Brazilian Chamber are organizing the Brazilian participation.
For the first time since 2012, the airline based in Dubai, the United Arab Emirates saw net income dwindle from one fiscal year to the next.
A survey conducted by Fundação Getulio Vargas shows a 17-point hike in an index in April from January this year.
A poll of Brazilian financial institutions conducted by the Ministry of Finance points to an expected BRL 148 billion deficit this year, a wider number than the government’s BRL 139 billion target.
The Beautycare project is taking toiletry, perfume and cosmetics companies to the United Arab Emirates beginning on May 14. The initiative was announced via Arab bloggers.
According to Rehab EL-Fattah, a corporate buyer for the Cairo-based Chehab Egypt, Brazilian machinery offers good quality at competitive prices. She is visiting the trade show and looking for partners in Brazil.
The architect delivered a lecture to the staff and C-level executives regarding the work he did for the organization’s new headquarters.
Deals expected to go through over the next twelve months surpassed the expectations of Apex-Brasil, which had anticipated USD 82 million in new deals.
Soy and its products accounted for over half of Brazilian agribusiness foreign sales in April, with a 12.6% increase over a year ago.
Brazil grossed USD 71.9 million from foreign sales of the product to Arab countries from January to April this year. The amount is down 26.3% from a year ago.
