The United Arab Emirates property developer reported a 13% increase in net gains last year. Quarter four net profit stood at USD 260 million, a 22% increase.
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Output had shrunk for all four major categories by the end of 2016, but was up 2.3% in December from November.
Rubens Hannun was elected by the Management Council to lead the organization the next two years. ‘We have many challenges ahead’, he remarked.
The company exported 348 trucks to the Middle East and North Africa last year. In 2017, the goal is to increase shipments in more than 100%.
The increase took place last year in comparison to 2015. For 2017, the sector is expecting a 5% sales growth.
The 12% unemployment rate made public by the Brazilian Institute of Geography and Statistics (IBGE) is the highest rate of the historical series that starts in 2012. The rate rose 36% year-over-year.
The country is putting up for sale two luxury real estates that belonged to the president ousted in 2011 and his family. Bids can be placed until March 16.
Foodstuffs manufacturers are in search of partners to place their products in the Brazilian market. Some local companies are already in ongoing negotiations with the Algerians.
The world exhibition will be held in Dubai. The projects include the construction of support areas, districts that will host the countries’ pavilions and temporary structures.
The increase in sales was registered last year over 2015, according to the sector’s association in Brazil.
The tool made available by the federal government shows data on exports and imports of Brazilian cities. In addition to the numbers, it’s possible to gather information on products and destinations.
Financial institutions surveyed for the Focus Bulletin kept their forecast for a Selic, the benchmark interest rates, of 9.5% per year in 2017. Inflation will be close to the center of the target.
Siblings Daniela and Alessando Panizzi cater events in the Arab country, with typical Brazilian meats, dishes, sweets and beverages. In March, they will open their restaurant, Nena Brazilian Bistro & Grill, in Amman.
Mahmoud Ghaloul arrived in São Paulo in 2013 and began to sell sweets at fairs. Now he cooks to order and also goes to people’s houses to prepare the meals.
