In Brazil, after going up in June, revenue numbers dropped in July. In the seven months through July, revenues are down 12% according to the National Federation of Industry (CNI).
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The organization’s CEO, Michel Alaby, will be one of the speakers in the event ‘Invest in Oman Forum’ on September 27. He will talk about the Brazilian experience with free-trade zones.
The organization’s CEO, Michel Alaby, will be one of the speakers in the event ‘Invest in Oman Forum’ on September 27. Executive will talk about the Brazilian experience with free-trade zones.
The Brazilian Agricultural Research Corporation (Embrapa) developed BRS Aleppo, a cultivar well-suited for tropical climates. The research was done with material from the city of Aleppo, in Syria.
The country had an embargo on the state since 2012. The Ministry of Agriculture is hoping for shipments to resume in the next few weeks.
Brazil’s federal, states and local governments ran a BRL 12.816 billion deficit last month, the worst for a July since record-keeping began in 2001.
Such was the contraction of Brazil’s Gross Domestic Product (GDP) compared with quarter one. As against Q2 2015, GDP shrank 3.8%. Year-to-date through June, it was down 4.6%, the national Statistics Institute said.
Lord International produces shaving and hair removal razors and Brazil is one of its largest clients. At the Private Label fair, an executive said that there’s available room in the country for more brands.
Real revenues were up 0.66% from January through July, and 4.2% year-on-year in July, the industry association said.
At the University of São Paulo, specialists championed the use of technology for faster exports processing in Brazil, particularly for agribusiness. The Arab Chamber’s CEO Michel Alaby explained the organization’s work.
The Brazilian oil company and its Norwegian counterpart entered into a deal to expand a partnership for bidding in tenders for oil and gas exploration blocks, and technological development.
The company Algawda produces switches, sockets and dimmers. It exports more than 70% of its output and is seeking a distributor in Brazil.
The Arab Chamber’s vice-president of Marketing received a tribute given by São Paulo State Legislature for his work in favor of the Arab community.
Financial institutions in Brazil are expecting the Central Bank to keep the per-annum rate at 14.25% at a meeting due this week.
