The sum will be needed for projects over the next ten years, according to the Saudi minister of Oil, Ali Al-Naimi.
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According to data from the institute of statistics, the unemployment rate reached 7.9% in the month, an increase over both September 2015 and October 2014.
Trade, tourism and investments in the Arab country are influenced by the scenario in neighboring Iraq and Syria. But the cheap oil tends to push inflation down, says the IMF.
The Khalifa Port handled a volume of 1,204,993 containers from January to October of this year, an increase of 36% over the same period of 2014.
Brazilian industry exports to the Arab country went up from January to October this year, but total revenues dropped 12.4%, industry association Abicalçados reported.
The North American currency closed the day at BRL 3.79, a decline of 0.71% against the real. Bovespa went up 0.4%.
Unctad reported that operations carried out by multination corporations in the first six months of 2015 amounted to USD 441 billion, the highest since the second half of 2007.
Index measured by the Brazilian Central Bank indicates a decline of 0.5% in September over August and of 5.85% over the same period of last year.
Cinthya Imano and Luiz Gustavo Haddad discussed the Madrid Protocol and Vienna Convention at an Arab Chamber event this Wednesday. The treaties regulate brand registering and sale/purchase contracts.
Brazilian company MVC will export 1,200 houses made with a metal structure, composite blades and fiberglass to the European country. Homes will be donated to Syrian refugees.
The Arab Chamber’s CEO spoke on Sebrae and other public and private entrepreneurship-fostering initiatives at the 17th Arab Businessmen and Investors Conference in Abu Dhabi.
Importers from Brazil had matchmaking sessions with Moroccan olive oil manufacturers in São Paulo. Arab companies are intent on placing their products on the Brazilian market.
UNHCR’s spokesperson says that the institution is ‘worried’ about the countries that wish to suspend their programs for refugees and immigrants, especially those from Syria.
According to the Brazilian Institute of Geography and Statistics, the Brazilian economy grew more than original calculations had accounted for. The numbers changed due to a new methodology.
