Fund’s director Massod Ahmed stated that the country’s economy is facing difficult challenges, despite its solid foundations. Negotiation for a support program will continue in weeks to come.
Report issued this Wednesday revises the increase in Gross Domestic Product of developed and emerging countries, and points to recession in the Eurozone.
The figure concerns the difference between the inflow and outflow of foreign currency in Brazil up until the 13th this month, according to information supplied by the Central Bank.
The organisation should be at Fitur, one of the main events in the sector in the world, where it should contact travel promotion organisations from the Middle East and North Africa.
The ambassador aims to attract companies to establish themselves in his country. The Algerian development plan forecasts investment of US$ 350 billion and opens opportunities in several sectors.
A shoe, sports product and leather accessory fair in São Paulo attracts clients from the Middle East and North Africa. Brazilian companies hope to export more to the region.
The Arab Brazilian Chamber will have a booth at Djazagro, an agriculture and food fair due April 23 to 26. There are opportunities for processed foodstuffs, packaging, spices, beverage and machinery.
The balance between Brazil’s exports and imports has remained negative for the second week running. Sales totalled US$ 3.8 billion and purchases, US$ 4.4 billion.
According to a Central Bank survey, financial market analysts have revised their 2012 GDP growth estimate downward from 3.3% to 3.27%.
The largest fair in the shoe, sports product and leather artefact sector in Brazil begins on Monday, in São Paulo. Arabs should visit the fair, to include 1,100 exhibitors.
Maramiah–Arabic Salt and Soul opens its doors aiming to bring together, in the same space, Arabic gastronomy and culture. The restaurant should show movies and participate in social campaigns.
Students of state-run schools that do the Arabic course at BibliAspa should travel to the country to participate in cultural and educational activities. The trip is sponsored by Qatar Foundation.
A mission of the International Monetary Fund will meet with local authorities in Cairo to discuss the possibility of aiding the country in addressing financial issues.
A delegation from Libya visited Morocco and met with the local Exporters Association. The businessmen want to resume bilateral trade.
