Financial institutions believe the country’s economy will shrink 2.97% this year. Last week, estimation pointed to a 2.85% drop.
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Marmoles de Egipto, a Spain-based company with manufacturing operations in the Arab country, will take part in Vitória Stone Fair, a marble and granite show slated for February 2016 in Espírito Santo, Brazil.
The Senate approved a treaty signed in 2010 by Mercosur and the Arab nation. The agreement still needs to be voted by the parliaments of Uruguay, Paraguay and Argentina.
Multinational company from Algeria has a project for a plant to process soy, besides operating in the logistic and steel sectors.
Brazil’s production of cereals, leguminous and oil seeds is expected to reach 210.4 million tons this year, according to estimation released by the institute of statistics.
The country’s National Dialogue Quartet won the accolade for its contribution to the building of a plural democracy in the African country post-Arab Spring. The announcement was made this Friday (9th).
FGM, of Santa Catarina, Brazil, saw a threefold increase in exports to Arab countries from 2010 to 2014. The top-selling items are whiteners and resins, with Saudi Arabia as the fourth leading importing country overall.
Sales to Middle East and North Africa countries increased 5.8% and totaled US$ 156.1 million year-to-date. Volume shipped, however, declined 1.5%.
Still, despite a 1% increase over August, prices of commodities tracked by the FAO remain at their lowest in six years.
The International Monetary Fund suggests improvements in the business environment, increased investment in education and changes in the labor market.
So says the World Bank, whose estimates are US$ 170 billion for Syria and US$ 100 billion for Libya. The institution has announced a new strategy for the Arab World.
Round of bids for 266 oil exploration blocks closes with 37 blocks sold to companies in seven countries.
Poultry processing company, owner of the Sadia brand, signs memorandum of understanding to acquire part of a frozen food distributor in the Gulf country.
According to the Brazilian Institute of Geography and Statistics (IBGE), the only Brazilian states in which industrial production increased were Ceará, Santa Catarina, Minas Gerais and Rio de Janeiro.
