The Saudi Arabian state-run oil company is expected to go listed in the second half of next year, one of its executives said. Its shares will be offered in domestic and international stock exchanges.
Cosmetics manufacturer Floractive, based in Cajamar, 30 km from São Paulo, exported for the first time to a client in Egypt. Currently, nearly 40% of its foreign sales are to North Africa and the Middle East.
In his opening address at an event that included a lecture by Development Bank president Paulo Rabello de Castro, the Arab Chamber’s president discussed complementary aspects of Brazil and Arab countries.
Total gains of the five main Brazilian government-owned groups reached BRL 17.3 billion (USD 5.59 billion) in the year’s first six months.
Paulo Rabello de Castro, president of the Brazilian Development Bank (BNDES), spoke at the Arab Chamber this Wednesday about a new phase for Brazil, in which the bank should invest in new sectors with Arab funds.
US dollar inflow exceeded outflow by USD 2.545 billion in the country last month, according to the Brazilian Central Bank.
The stand of the Brazilian Beef Exporters Association (Abiec) at Anuga, the food sector expo in Cologne, is expected to welcome from 200 to 300 Arab buyers next Tuesday (10) at the Arab Halal Day.
Data from the sector’s association shows a slight increase of 0.2% in exported volume over the same month if 2016. In revenues, the performance was similar: increase of 0.1%.
Nearly 200,000 units were sold in Brazil last September, up from 160,000 in September 2016.
The Brazilian tour operator and travel agency has options on offer for Lebanese natives and descendants to visit their home country. They can also see the villages that their families are from.
The index that measures the performance of the country’s non-oil private sector declined in September, but registered the best score for Q3 since 2015.
Brazilian production ended August with a decline of 0.8% over July, but increased in the first eight months of the year, according to a survey by the Brazilian Institute of Geography and Statistics (IBGE).
Actress Valéria Arbex will give a workshop of Arab cuisine in the city of Presidente Prudente on October 5. Dishes will be prepared along with the recovery of the emotional memory of those participating.
The Brazilian Ministry of Industry, Foreign Trade and Services reported that the country saw a USD 5.178 billion surplus last month, the result of USD 18.666 billion in exports and USD 13.488 billion in imports.
