Exports outweighed imports for the second straight month. The trade surplus, however, was the weakest for April since 2013.
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Delegates from four Middle East supermarket chains will be at the Apas fair this week for matchmaking and talks with suppliers. This Monday, they attended a meeting with Brazilian sectorial organizations.
Bank analysts increased their projection for the Selic (benchmark interest rates) to 13.5%. The estimation of decline of Brazil’s GDP also went up to 1.18%.
Producers of foods and beverages from Morocco and Tunisia will participate in the Apas’ fair, which takes place from May 4th to 7th in São Paulo. They will be present in the stand organized by the Arab Chamber.
Inline, a Brazilian manufacturer of mobile plastic railing, believes the emirate is ideally suited for his product, due to its vocation for tourism and its hosting of major attractions, like Expo 2020.
Investe São Paulo, agency from the São Paulo state government, will sign agreement with Apex-Brasil to help expand trade of small and medium-sized companies to other countries.
The Brazilian meat company saw foreign sales soar 11% in Q1 this year, but the exchange rate and US dollar debt undermined results.
The Brazilian aircraft manufacturing company posted losses of US$ 66.5 million in quarter one this year, which it attributed to higher income tax spending associated with the US dollar hike.
The Brazilian mining company said its quarter one results suffered from the depreciation of Brazil’s real against the US dollar. Ore production hit a record during the period.
Accounts of central, state and local governments and state-owned companies register a primary surplus of R$ 239 million (US$ 81 million) in the month. But the positive result is lower than the one from March 2014.
Visitors at the Brazilian stand in the International Agriculture Show in Morocco said there is a demand for agricultural technology. The Arab Brazilian Chamber is attending.
Population under 34 years of age amounts to almost 69% of inhabitants in the region and are the main decision makers when choosing brands and products. The topic was the highlight of a lecture by executive of the Arab Chamber.
The company grossed 15.1% more in the Middle East and Africa in quarter one this year. According to the Brazilian food company, the result was mostly driven by the UAE and Saudi Arabia.
The industry confederation index stood at 48.2 points in March, lower than the same month of last year. According to the research, a score lower than 50 means a decline. However, it improved over February.
