A refugee in Brazil, Fitoon Assi buys items made from camel, snake and sheep hides made by her family back in the Arab country. She resells the product in fairs organized by NGOs.
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The International Monetary Fund expects 3.5% growth in 2017 and 3.6% in 2018, up from 3.1% in 2016. Brazil is seen finding its way out of recession, and growth in the Middle East should lose steam.
It’s the eighth office outside the United Arab Emirates and will be responsible for all of Latin America. A mission of business executives from Dubai is on a visit through Brazil, Paraguay and Argentina.
Weekly Consumer Price Index decreased in the majority of the seven capitals surveyed between the first and the second weeks of April.
Staff from the Fund visited Tunis and reviewed the agreement signed with the Arab country. The health of public finance, job creation and social protection should be priorities for the economy to grow.
The country’s economy grew despite the oil price slump, according to the World Bank. In 2017, however, growth is expected to slow to 1.5%.
In the second week of April, exports reached USD 4.075 billion and imports amounted to USD 2.246 billion, the Ministry of Industry, Foreign Trade and Services reported this Monday.
Sales of eggs from Brazil to other countries amounted to 5,500 tons in the first quarter of the year. The UAE was the biggest buyer, but its imports also declined.
Brazilian Central Bank index edged up in February from January. Seasonally adjusted figures showed 0.52% growth.
At the Bologna Children’s Book Fair, industry professionals from Brazil and the UAE had the first in a series of binational meetings.
Dubai Chamber staff and local executives will attend meetings with government and enterprises in São Paulo. They will also have appointments in Paraguay and Argentina. The trip will last from March 15 to 22.
The second edition of the festival ‘One Day in Arabia’ includes gastronomy, dances and crafts from the Middle East in two days at Ceret park. With stands organized by refugees, the event takes place on April 22 and 23.
Delegation visited meat processing plants in several states and met with the minister of Agriculture, Blairo Maggi. ‘The impression was very good,’ he said.
The sector’s association conducted a mission this week to Egypt and Saudi Arabia, with the support of the Arab Chamber.
