Brazil’s National Supply Company (Conab) predicts a sugarcane harvest of 646.3 million tons, which is 1.7% less than in the last crop.
Industrial zone Robbiki Leather City is currently under construction in the Arab country. Local tanneries are being relocated to the area, and bringing in non-local capital is in the plans.
The Água Fresca brand of Belo Horizonte, Minas Gerais turned to Morocco for elements to draw on for its Spring/Summer. The company’s owner and a designer took a trip to the Arab country last May.
Literary festival Tarrafa Literária (“Literary Throw Net”) will take place between September and October in Santos, 80 km from São Paulo. Organizer José Luiz Tahan invited authors of Arab origins to take part in the debates.
Auctions for exploration and production sharing agreements in oil blocks will be held on October 27.
The country registered a current account deficit of USD 3.4 billion in July. However, foreign direct investment increased to USD 4 billion in the month.
In this month, the Extended National Consumer Price Index-15 (IPCA-15) stood higher in comparison to July, when there was a deflation of 0.18%. Year-to-date, the IPCA-15 stands at 1.79%.
Sales to the region fetched USD 1.1 billion in July, up 14% year-on-year. Egypt was the top buyer in the month. Year-to-date through July, sales increased by 15% to USD 7.16 billion.
The expo at the Syrian capital is taking place for the first time since 2011. The Brazilian stand is hosting four companies, two from the cosmetics sector and two from the pharmaceutical sector.
In July, 8.07 million passengers went through the aiport’s terminals, up 5.9% over the same month of 2016. The previous record, set in January this year, was 8.04 million passengers.
The IMF expects a growth of 2.3% for the country’s GDP this year, below the 3% of last year’s. Lower oil prices brought forth many consequences to the economy and the need of a fiscal adjustment.
An index from think tank Fundação Getulio Vargas climbed 1.5 point to 92.3 in its August preview. Industrialists’ present and future outlooks have improved.
Over 500 items including necklaces, earrings, rings and bracelets built by students from a school created with Brazilian cooperation in Algeria are featured at the FIEMG gallery and at mine Mina Du Veloso, in Ouro Preto.
The event with the organization’s CEO, Michel Alaby, was set to August 24, but it was postponed. He will talk about “How to negotiate with the Arab countries” at the Federation of Industries of the State of Goiás, in Goiânia.
