In Brazil, the company produced in September 2.8% more oil and 2% more natural gas than in August.
The 41st São Paulo International Film Festival begins this Thursday (19) and runs until November 1. Fifteen Arab productions are included in the program.
The event takes place on the next two weekends in Itaquera, East São Paulo, and in Embu das Artes, São Paulo metro area, respectively.
The forecast predicting an increase in retail sales was done by the São Paulo Commercial Association. It doesn’t include vehicles and construction material.
Diplomats from Arab and African nations start a series of meetings and visits in the state this Thursday (19). The goal is to identify opportunities for greater cooperation and trade.
Robson Braga de Andrade, president of the National Confederation of Industry (CNI), said that it’s a favorable moment for Arab investments in Brazilian industry.
The two units were manufactured by the Brazilian aircraft maker in Jacksonville, Florida. The order is for six planes.
Business owners from the Arab country are searching for business opportunities in the luxury hotel and theme parks sectors. Foz do Iguaçu, Pantanal and the Northeast are regions they’re focusing on.
The Dubai Electricity & Water Authority (DEWA) presented in a seminar some of its projects in the energy power, water and environment sectors. The doors are open to Brazilian companies.
The meeting set up by the Arab Chamber and other organizations will take place this Wednesday in São Paulo, with the participation of French diplomat Anis Nacrour, an expert on the topic.
The Brazilian-led MINUSTAH, which began in 2004, is now being replaced with an effort to build stronger institutions in the country.
In a shorter week, exports from Brazil reached USD 3.287 billion, while imports amounted to USD 2.701 billion.
The Arab country generated USD 5 billion in revenues in Q1 of the 2017/2018 fiscal year, which started in July. State-owned companies generated USD 906 million, while VAT collected USD 2.8 billion.
The inflation rate estimate from Brazilian financial market players moved up from 2.98% to 3%, with the GDP growth projection going from 0.70% to 0.72%.
