The company from São Paulo exported to the United Arab Emirates through one of its partner companies and sees great potential in the region.
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Wael Assaf arrived in Campo Grande fleeing from the Islamic State. To support his family, he sells kibbe in a street stand. An internet campaign is collecting funds for him to open his own business.
Arabs will be represented by Syria, Lebanon, Morocco and Egypt in artistic performances, handicraft and cuisine. The event will take place on June 5, 11 and 12 at São Paulo’s Immigration Museum.
Countries want to increase the share of alternative sources in their energy matrixes. The topic was discussed in a forum held this week in Egypt.
On May 8, the Brazilian state-run oil company Petrobras surpassed 1 million oil barrels of oil equivalent (oil and natural gas) per day extracted in the pre-salt layer.
Investe SP, an agency from the state’s government, is negotiating with the UAE to open a distribution center for products from São Paulo in the region.
International Monetary Fund staff met with local authorities and suggested measures to enable the country to borrow, support the poor and reduce its debt.
May’s index went up 0.3% over the previous month. In comparison to May 2015, however, there was a decline of 7.2%.
Installed capacity utilization rate stood at 76.9% in April, below 77.2% in March, according to a survey by the industry confederation.
Brazil’s Ideal struck a deal with an exporter/importer in the Arab country to place its products at salons and spas. It is also looking to export to five other countries in the region.
Purchases of clothing abroad declined 60% in April over the same month of 2015, according to the sector’s association.
A proposal for holding a business conference in September was discussed by Arab Chamber executives and Egyptian government officials in Cairo.
Brazil’s surplus stood at USD 6.437 billion, the best result for the month since 1989. Exports dropped 0.2% in comparison to the same period of last year. Imports declined 24.3%.
Brazil’s Gross Domestic Product reached BRL 1.47 trillion from January through March as per a survey from the Brazilian Institute of Geography and Statistics (IBGE). All three sectors of economy contracted.
