The number of constructed buildings in the emirate reached 913 from April to June, 162 more than in the same period of 2016. Increase in population and the urban growth rate impacted the numbers.
The power plant ended August with 100% productivity and generation of 7.23 million megawatts per hour. 2017 can be among the five best years of the Itaipu power plant since it was opened.
Free trade agreement between Mercosur and Egypt went into effect last week. In an interview to ANBA, Brazil’s secretary of Foreign Trade, Árabe Neto, said that 63% of the bloc’s exports will be covered immediately.
Industry association Anfavea reported USD 1.46 billion in revenue last month and USD 10.3 billion year-to-date. It has revised up its forecasts for 2017.
Financial institutions of the emirate registered a net income of AED 9 billion (USD 2.45 billion) from April to June, an increase of 4.6% over the same months of 2016.
Prices went down 2.06% over July, according to a survey by the Brazilian Central Bank (BC). The data considers the price of six Brazilian primary products sold abroad.
The Extended National Consumer Price Index (IPCA), index of the official inflation rate, stood at 0.19% in August and now is at 1.62% in the year’s first eight months.
A delegation from the emirate visited Brazil last week and discussed its presence at the São Paulo International Book Biennial, which takes place in August 2018 with Sharjah as the guest of honor.
The country’s 2017/2018 crop season begins in November and the government forecasts that production will be higher than in the past two seasons.
The sector generated USD 3.5 billion from January to July and the country attracted 4.3 million visitors. The hike was due especially to an increase in arrivals of Germans and Ukrainians.
Industrial output increased 0.8% over June, the fourth consecutive expansion in this type of comparison, according to survey by the Brazilian Institute of Geography and Statistics (IBGE).
A seminar in partnership with Recife-based organization CESAR is part of a lecture cycle that the Chamber will support, focusing on innovation, creativity and technology.
Six new ventures will be unveiled by the developer at the real estate industry event Cityscape Global 2017, set to take place in Dubai next week.
Production averaged 115 million cubic meters per day in July, exceeding the previous record from December 2016.
