The Algerian prime minister Abdelmalek Sellal opened the trade show this Monday. It features 1,030 participants, up from 810 last year.
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Foreign sales averaged USD 895.6 million a day in the first week of May, the Brazilian Ministry of Industry, Foreign Trade and Services. The country registered a USD 997 million surplus.
The increase in prices expected by Brazilian financial market players for 2017 changed from 4.03% to 4.01%. The GDP growth forecast edged up to 0.47% from 0.46% last week.
The Paraty, Brazil-based spirits manufacturer Alambique Engenho D’Ouro put a different spin on the traditional Middle East drink. It plans to take its cachaça, fennel and anise-based ‘Arac’ to the Arab countries.
Brazil’s Sindipeças and Apex-Brasil will feature 22 manufacturers in a stand at the 15th Automechanika Dubai trade show in the United Arab Emirates.
At the church of Harissa, the Lebanese patron saint, candles sold to churchgoers are handmade by Mabel Nakrour of Pará, Brazil. She also does Muslim-themed and decorative work for gifts.
Exporters at the Arab Brazilian Chamber stand in the supermarkets fair made over 100 contacts this week and showed their goods to prospective clients from Brazil, Venezuela, Uruguay, Argentina and the Dominican Republic.
From January to April, 232,000 vehicles were shipped abroad from Brazil, a 64% increase over the year-ago period.
The UNHCR launched a fundraising initiative to help pregnant women or women with children who live under refugee status. Donations can be made online.
Brazil’s IBGE, National Treasury and Central Bank reported that the federal government had a net operating loss of BRL 512.2 billion in 2015. In 2014, the deficit had been equivalent to 4.9% of GDP.
Rodrigo Maia and a delegation of eight Brazilian deputies arrived in Beirut this Thursday afternoon. The representatives are joining the 4th Meeting on the Potential of the Lebanese Diaspora.
Net profit numbers by companies whose shares are traded in the Abu Dhabi and Dubai stock exchanges climbed by 6.7% in the first quarter. Banks were the highlight.
The price of oil weighed down on the country’s finances in 2016, and on its transactions with the rest of the world. The deficit was to the tune of 1.5 billion Kuwaiti dinars.
Export promotion agency Apex-Brasil held business meetings with Brazilian producers of cashew nuts, Brazil nuts and peanuts and importers from 11 countries, including Arab ones, in late April.
