In the second week of May, exports were higher than imports by US$ 676 million. Year-to-date, however, the country is running a deficit.
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A company from Egypt will have a stand in the exhibition, which will also promote matchmaking with companies from UAE and Sudan, among other countries.
The Lebanese-born Nersin Chibli opened Café Chibli in the capital of Brazil’s Mato Grosso state. Lebanon-style non-percolated coffee and typical pastries and snacks are a hit with the locals.
A report from the European Bank for Reconstruction and Development mentions a rebound in agriculture, growing exports of high value-added goods and cheap oil and also makes projections for Tunisia, Egypt and Jordan.
Earnings from this year’s Q1 declined 1% over the same period of last year.
The Brazilian mining company has completed an operation with a syndicate of 24 global banks. The sum will be available for withdrawal until 2020, replacing a previous line of credit.
Made of biscuit, the dolls by Daniele Oliveira are a hit among flight attendants from Etihad and Emirates. The first order, of 4 dolls, was already shipped. Now, she is receiving orders of up to 100 pieces.
The meat producer’s revenues with exports to the two regions increased in Q1, but this markets’ share in the company’s total exports declined.
The institution’s net profit reached US$ 1.9 billion in Q1, an increase of 115% over the same period of last year and of 93% over Q4 2014.
The Brazilian state-run institution disbursed US$ 11 billion in loans in quarter one. A more restrictive operational policy affected the results.
In a lecture at the Arab Chamber on Wednesday, Silvia Ferabolli said integration among nations is the best solution for the region – better than options like partnering with Europe or Israeli supremacy.
An executive from the organization will go to fairs and meetings in Abu Dhabi and Dubai from May 18th to 28th to look into participating in new events and encourage partnerships with local companies.
Minister of Planning said that the goal will be reached in the next fiscal year, which starts in July.
The Brazilian auto parts manufacturing company shipped 4.1% of its exports to the region in Q1. In the same period in 2014, this percentage stood at 3.7%.
