Breakfast brought together diplomats with the goal to promote the participation of representatives of the region in the business forum of the 4th Summit of South American-Arab Countries (Aspa).
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The Brazilian minister of Development said the balance of trade should register a USD 15 billion surplus by the end of 2015, and expects a surplus of double that amount next year.
In September, 163 families with at least one Syrian citizen were receiving the benefits from the federal government’s program. The number of foreigners enrolled at the program also increased.
In a statement this Wednesday (14th), CEO Aldemir Bendine expressed optimism regarding the future of Petrobras. He will improve governance in a bid to restore the image of the state-run oil company.
The volume shipped from Brazil to the two countries increased in September and year-to-date.
Brazil’s minister of Agriculture met with Cevital’s president, Issad Rebrab, on Tuesday (13th) in Brasília, and supported the investments that Algerian company will make in the country’s north region.
From January to September, exports from Brazil to the United Arab Emirates were up 17.5%, whereas overall, foreign sales dropped 12%. Exports to Saudi Arabia, the region’s leading buyer, dropped 2.2%.
Runway and signs at the São Paulo International Airport underwent modifications to welcome the world’s largest passenger aircraft. The Aviation Authority is reviewing papers and Emirates is preparing a demo flight.
Watch in this episode: Islamic finance creates more business opportunities.
Average daily foreign sales from Brazil increased 0.2% from a year ago and 3.8% from September 2015.
The loan’s term is ten years and, according to the company, represents an advance of 2016 funding operations.
Financial institutions believe the country’s economy will shrink 2.97% this year. Last week, estimation pointed to a 2.85% drop.
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.
