Four oil blocks were on offer in the 6th Production Sharing Bidding Round. A consortium of Petrobras and China’s CNODC placed the winning bid for the Aram area, in the Santos Basin.
The emirate’s international airport welcomed 64.4 million people year-to-date through September, down 4.5% from a year ago. Runway rehabilitation impacted figures.
Next Tuesday (12) will see the Arab Brazilian Chamber host a cycle of talks with specialists and executives on consumer habits in the Middle East and North Africa. The Chamber will also enter into a MoU with São Paulo city agency SP Negócios.
A September survey from the Brazilian Micro and Small Business Support Service (Sebrae) shows that owners of micro and small enterprises are planning to make investments.
Alfanar is an industrial and construction conglomerate that operates in the power sector in several countries. Arab Chamber executives visited the company’s complex outside Riyadh.
Agroindustry produces and exports olives, olive oil, and garlic and now has a branch in Brazil with its own staff and goods for immediate delivery. Announcement was made at the Arab Chamber.
Two out of the four blocks offered were acquired at the largest oil industry auction ever held.
Numbers by Anfavea show that foreign sales from Brazil were down 22.6% year-on-year and 34.7% year-to-date.
On the back of Expo 2020, the Arab country could see its fastest non-oil growth since 2016. Sustaining it after the expo is a key priority, says IMF.
Conjunto Nacional will hold activities on Moroccan culture, including a photo exhibition, a kaftan runway, and henna application from November 6 to 12. The event is open to the public and admission is free. The goal is to promote the country for potential tourists.
Exhibition ‘Arab Coffee, A symbol of generosity’ will open on November 28 featuring pieces from Dubai’s museum.
Monetary Policy Committee (Copom) reduced Selic from 5.5% to 5% per annum last week. Minute released this Tuesday points to a new 0.5 percentage point reduction in the next meeting.
Foreign investors purchased Brazilian government bond issued by the National Treasury at the smallest interest rates from the past seven years.
Company in Guaratinguetá, São Paulo produces sixteen different varieties of the grain but specialized in black rice.
