Sales from Brazil to the region soared to USD 122 million year-on-year from January to July as shipped volume increased by 1.2%. Lebanon is the top Arab buyer of goods from Brazil.
The Extended National Consumer Price Index (IPCA) went back up again after a deflation in June and now stands at 1.43% year-to-date and at 2.71% year-over-year, the lowest since February 1999.
A group of 26 people will go into training at the Minas Gerais Federal Institute, in Ouro Preto, beginning August 14. The initiative is a cooperation between the jewelry sector association, the Algerian govt and cooperation agency ABC.
The ‘Open Doors’ project makes free Portuguese language lessons available to all immigrants notwithstanding their status in Brazil. Emphasis will be placed in the city’s east and north areas.
During the current crop, USD 218 million worth of the fruit were shipped abroad from the Arab country, up nearly 20% from the prior season.
A survey shows that production by industry in Brazil increased in June from May in most of the 14 areas surveyed by the Brazilian Institute of Geography and Statistics (IBGE).
The number of transactions taking place in the emirate exceeded 95,000 since January 2016.
The Brazilian company exports wood panels to the region. Total external sales account for 17% of the company’s revenues in Q2.
August’s first week had USD 3.027 billion in exports and USD 2.677 billion in imports, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
Exports revenues totaled USD 608 million from January to July, according to the sector’s association, Abicalçados. Volume went up 1.3% to 67.4 million pairs of shoes.
Julia De Biase, owner of Al Zahra stores, will talk about the luxury perfumery market in the Middle East this Tuesday. The history of Eastern perfumes will be the topic of an event on August 23.
In a survey conducted by the Brazilian Central Bank (BC), the financial market expects an inflation rate of 3.45% this year in Brazil. It’s the third consecutive time that the rate is revised up.
Delegates from the emirate’s Economic Zone will make presentations at São Paulo’s Arab Brazilian Chamber and in Belo Horizonte to find entrepreneurs interested in deals in the region.
Five films from Brazil will be screened in the Lebanese capital starting August 30. The biopic of Elis Regina, and awarded dramas and romances are included in the festival’s schedule.
