GDP is estimated to grow by 1.6% in 2014. Previous forecast showed an increase of 2%. Smaller growth in agriculture and decline in industry are expected.
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Importers from Kuwait, Sudan and Saudi Arabia engaged in matchmaking with Brazilian companies at the Arab Chamber. They want to diversify suppliers and see new products.
Increase could be seen in Q1 from Q1. Brazil has produced a total of 6.2 billion litres of milk, according to the IBGE.
Tabita exports to the Emirates and Kuwait. Company manufactures women’s shoes and invests in a mix of design and comfort to increase sales to the Gulf markets.
The Abu Dhabi-based airline is acquiring a 49% stake in the Italian government-owned company. The deal is now pending approval from regulators.
So said the minister in chief to the Secretariat General of the Brazilian Presidency, Gilberto Carvalho, referring to urban mobility projects left unfinished.
Exports of the product were up 35% year-to-date through May this year from the same period in 2013. Markets to which sales increased include Saudi Arabia.
Foreign direct investment from the region grew 65% last year, according to the Unctad. Trend should continue.
In the third week of June, Brazilian exports amounted to US$ 4.334 billion while imports stood at US$ 3.749 billion.
Measure was adopted to ensure the domestic supply. Benefit granted by the Foreign Trade Chamber will remain in effect until August 15th and to the limit of one million tonnes.
Expenditure on international travel amounted to US$ 2.266 billion in May, the highest sum ever for the month. Brazil is running a US$ 40 billion current account deficit year-to-date.
The indicator for the city of São Paulo reached its lowest level ever in May, at 113.6 points, according to retail federation FecomercioSP, down 5.1% from April.
New rules for the use of internet will go into effect in Brazil this Monday (23rd). According to the law, users should have more privacy.
Frigorífico Astra ships mostly forequarter cuts to Arab countries. Egypt is the meat company’s third leading market. The product also supplies the North African country’s armed forces.
