The meat packing company saw revenue from foreign sales drop by 2.1% to BRL 5.7 billion. Accounting for 21% of total exports, the Middle East was the second biggest buying region for the company.
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The treaty was reached under the aegis of the WTO. It has been ratified by 110 countries and became effective this Wednesday. It is expected to bring an additional USD 1 trillion to global trade.
Exports from Brazil to the region reached USD 688 million in January. Algeria was the highlight with a 108% increase in imports.
CEO Michel Alaby had meetings with the Council of Saudi Chambers and with the Brazilian ambassador in the country. He discussed institutional and commercial projects.
Over breakfast during the Gulfood industry show, business executives will be told how to go about selling food products in the Gulf. Specialist Vishal Pandey will deliver a lecture.
A USD 1.249 billion surplus was recorded in the third week of February, with exports reaching USD 4.274 billion and imports amounting to USD 3.025 billion.
The Brazilian federal government will create rules in a bid to attract international capital into the oil refinement market, currently near single-handedly dominated by state-run company Petrobras.
The domestic and foreign debt dropped to BRL 3.05 trillion in January from December, according to numbers from Brazil’s National Treasury Secretariat.
The Executive arm of the Doha-based carrier is looking for women with at least five years’ experience working at international airlines. Fluent English is required and the maximum age is 35.
On a trip to São Paulo, ambassador Nabil Adghoghi said the Agreement on Cooperation and Facilitation of Investments is almost complete. The diplomat paid visits to the vice governor and the vice mayor.
Colonel Sylvio Pessoa will discuss logistics in connection with the environment at the Holy Spirit University of Kaslik next Monday (20), in an open-to-the-public event.
USD 11.5 billion were invested in Brazil’s productive sector last month, the highest amount for a January since the Brazilian Central Bank began keeping records, in 1995.
Consumption during trips to other countries reached USD 1.5 billion in January, the Central Bank reported. In January of last year, expenditure had reached USD 840 million.
The export development agency will set up meetings for Brazilian food product buyers and Emirati exporters during Gulfood, the expo opening on February 26 in Dubai.

