The 2014 growth estimate from financial institutions for Brazil’s economy has been revised down again, this time from 0.33% to 0.30%.
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Foreign sales fetched US$ 16.5 million year-to-date through August. The United Arab Emirates is Brazil’s leading destination in the region and the second worldwide.
The initiative by the NGO Adus and the Icarabe seeks to assist refugees in the city of São Paulo. Their needs range from furniture to job market insertion.
Negotiations held during the Rio Oil & Gas exhibition were the best since 2004. Brazil’s National Oil Industry Organization superintendent says sector’s demand will be high in the next few years.
The Abu Dhabi-based airline is using the funds to purchase aircraft and invest in companies it holds stakes in.
The tax break may entail import tax exemption for models fuelled by combustion and electrical power. The tax rate will hinge of each vehicle’s energy efficiency.
Cooperáguas, headquartered in Santa Catarina and with branches in Mato Grosso, sends to Egypt 30% of the brown-eyed beans it exports. The company also exports to Tunisia and the Emirates and expects to expand in the region.
The forecast concerns the next 12 months and was issued by companies attending the matchmaking event held during exhibition Rio Oil & Gas, in Rio de Janeiro.
The Abu Dhabi-based holding company grossed US$ 4.35 billion in H1 this year. Operations carried out in the period include the acquisition of a stake in Brazil’s Porto Sudeste.
The survey conducted by the Brazilian Institute of Geography and Statistics, covering Q2 this year, shows a hike from Q2 2013. A total of 5.76 billion litres of milk were processed from April through June.
Sales from Brazil to the region amounted to a combined US$ 1.2 billion in August, up only 0.76% from August 2013. Imports, on the other hand, soared by 141%.
The United States’ currency sold for R$ 2.35 this Wednesday (17th), following the Federal Reserve’s confirmation that it should wind down economic stimulus measures.
More US dollars entered than left Brazil last week, reversing the negative result recorded in the first week of September.
The Jaú-based prosthesis manufacturer exports to five Arab countries, but is looking for a partner to centralize its services in the region. The goal is to increase sales.
