The expansion took place from 2011 to 2015 in Ras Al-Khaimah, United Arab Emirates.
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Foreign sales reached 386,400 tons in March, up 4% from the year-ago period. Industry association ABPA said a bribery scheme probe was a factor. Revenue was up 13.6% to USD 661.3 million.
The estimate for 2021 was made by the Dubai Chamber of Commerce and Industry. The sector is expected to grow 4.9% per year in the country. In 2016, Dubai added 250,000 square meters in new retail stores.
According to the Brazilian Institute of Geography and Statistics (IBGE), output was up marginally at 0.1% in February from January, and up 0.3% in the first two months of the year combined.
From this Tuesday, Arab companies and state-run organizations will be at expos WTM Latin America, for tourism, and Intermodal, for transportation and logistics. Both events will run until Thursday.
Brazilian textiles and clothing sales to the Arab world increased by 87.5% in January and February from the comparable period in 2016. The growth was driven by rope exports.
Brazil’s surplus went over USD 7 billion last month. In the first quarter, it reached USD 14.4 billion, a record for the period.
Output reached 2.6 million barrels per day in February, according to Brazil’s National Petroleum, Natural Gas and Biofuels Agency.
The financial market believes the Selic, the benchmark interest rate, will drop tp 8.75% until the end of the year. Currently, it sits at 12.25%.
Website Conectados (Connected) has on display over 160 services provided by 115 immigrants in vulnerable situation. The idea is to encourage entrepreneurship among them.
A debate cycle at Sesc will tackle Arab-related subjects including revolutions, the Western Sahara conflict, refugees, the Alawites and literature. Specialists, most of them academicians, will give lectures.
Website Dinneer is selecting Brazilians to travel and taste food made by its registered users. The route includes the United Arab Emirates.
Arab crafts, dance and cuisine are part of the event, which takes place from March 31 to April 9 at the Pantanal Event Center.
Brazilian Central Bank data show economic activity dropped in January from December for the seventh month in a row, this time by 0.2%.
