Expenditure expected in 2014 is 7.7% higher than the combined value of construction projects in 2013. By the end of the year, US$ 7.8 billion will be spent on interior decoration alone.
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According to the Ministry of Finance, the country has started growing again. The Gross Domestic Product was up 0.1% in quarter three.
Brazil’s federal, state and municipal governments and government-owned companies have posted a US$ 1.4 billion surplus in October, after five straight monthly deficits.
Amr Farouk is speaking at a panel on food security at an international science meeting designed to discuss poverty eradication and sustainable development next week.
According to Joaquim Levy, announced as the new Brazilian minister of Finance on this Thursday, the target for 2015 will be 1.2% of GDP.
The United Nations conference is taking place in Peru next week. It is considered a transitional event leading into COP-21, due in Paris, 2015, where global climate targets will be set.
The NBAD’s Ângela Martins believes the country should join the Islamic finance market, considering its large trade and investment volume with Muslim nations. The market is currently worth US$ 1.2 trillion.
Paulo Machado & Felipe Ribenboim will show Usek students how to cook everything from feijoada to shrimp bobó next December. A workshop will also be held at the Brazil-Lebanon Cultural Centre.
The unit inaugurated this Wednesday (26th) in the United Arab Emirates capital will process poultry-based products for distribution to Middle East countries.
The 1st Week and Forum of Solidarity with the Palestinian People is taking place from November 29th to December 7th. A campaign will also be launched to raise cash and food donations for Gaza.
The sum concerns the month of October and was up 0.8% from September, and up 12.2% in the 12-month period ended October, according to the Brazilian Central Bank.
Arab Chamber & Apex-Brasil are in talks with hypermarket chain Lulu to hold a promotional week for Brazilian products at stores in the Arab country.
The Organization for Economic Cooperation and Development has revised down its growth estimate for the country this year.
Of the items sold at the clothing brand’s points of sale in Brazil, 60% are provided by suppliers from over 40 countries. Morocco is one of them.
