The financial market awaits the announcement of economic measures this Tuesday. The North American currency closed the day at BRL 3.504.
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In the month’s second week, external sales again surpassed purchases of imported products, just like in the first week. Thus, the trade balance registered a surplus of USD 1.747 billion.
Casa Maní sells batter for making the typical Brazilian food to seven different countries and is looking to branch out. The company’s goal is to ship up to 30% of its production abroad.
Estimates by the financial institutions on the economy show a 3.88% GDP drop this year over 2015, according to survey by the Brazilian Central Bank. Previous forecast pointed to a 3.86% decline.
The bikini and swimsuit brand from Brazil’s Rio Grande do Sul state has sold to the United Arab Emirates and Egypt. It sells 90% of its output abroad.
Talal Altinawi, who has lived in Brazil for two years and four months, raised the money to open his Syrian restaurant through crowdfunding.
The 21st Immigrant Party will be held on June 5, 11 and 12. The event will have attractions from more than 30 countries, including Arabs.
According to new normative ruling, the purchase of chicks and hatching eggs abroad will require a technical report and previous approval of the Ministry of Agriculture.
A Brazilian Central Bank index shows the GDP shrank in March from February, in the 15th month on a downward path.
Xinguara has closed the sale of 220 tons of beef to an Egyptian buyer during the Apas Fair last week. The meat packing company ships product to seven other Arab countries.
The European Bank for Reconstruction and Development (EBRD) revised down its forecasts for Egypt, Jordan, Morocco and Tunisia. A troubled regional scenario and tourism decline are some of the contributing factors.
The road supplies manufacturer’s revenues were up 4.8% in Brazilian real, but down 19.1% in US dollars in Q1 this year.
The Arab country will resume imports of live cattle from Brazil after suspending them in 2014 due to disputes related to foot-and-mouth disease.
The financial institution saw profits plummet by 59.5% year-on-year in Q1. The performance is imputed to a company established in partnership with Cielo.
