Dollar inflow surpassed outflow in Brazil last month. Year-to-date, there’s a forex surplus of USD 22.5 billion.
The olive oil expo will be held on July 10 and 11 at Palácio de Exposições do Anhembi, in São Paulo. Registrations are open. The lecture organized by the Arab Chamber is scheduled for July 11, at 1:30 pm.
The forecast is from OECD-FAO. However, the report points out to a weakening in the growth of global demand and a decline in real prices.
Last month saw 3.311 million barrels of oil equivalent per day produced in Brazil, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) reported.
The surplus stood slightly over USD 30 billion in the first six months, the result of USD 114 billion in exports and USD 84 billion in imports.
Officials from both countries convened on Monday and expressed willingness to step up cooperation.
The Brazilian federal government will partner up with companies Vale and MRS Logística to build strategic railways across the country.
The third edition of the United Nations SDG Business Forum will take place on July 17 at the UN headquarters in New York. This will be the Chamber’s first time at the event.
Officials from both countries met this weekend and reiterated their commitment with bilateral cooperation.
Built over a three-year period, Jahra Medical City features 1,234 beds and the biggest gynecology and emergency centers in the country.
International sales of the product were down 12.4% year-on-year in May, the International Coffee Organization reported.
The Arab country’s economy posted a sharper growth last year than in 2016 and should grow even more in 2018. Increasing exports helped boost the performance.
A Brazilian Central Bank poll shows financial market players are expecting inflation this year to be higher than in the last week.
The Ministry of Education and Foreign Affairs (Itamaraty) have registrations open for students of 60 developing nations interested in taking undergraduate courses in Brazil. Among the Arabs, students from Algeria, Egypt, Lebanon, Morocco, Syria and Tunisia can fill an application.
