Grupo Coimbra, with 77 institutions in Brazil, is signing cooperation agreements with five universities from the Arab country. The partnership includes research and innovation projects and academic exchange programs.
Last month, 77,730 units were made in Brazil, up 21% from the month before. In May from May 2016, however, production declined by 16%.
The 2016-2017 season will see 234 million tons of grain harvested. The amount is up 25.6% from 2015-2016.
The Brazilian cat and dog food maker has been shipping product to Lebanon since 2013. Now it is working on going to an Abu Dhabi fair this year.
Dollar inflow surpassed outflow by USD 744 million in May in Brazil. Year-to-date, the surplus is at USD 11.482 billion.
The company will make an initial public offering (IPO) of its realty arm in the Dubai stock market. By the end of May, it had sold USD 2.64 billion worth of properties.
The UN agency estimates that the global flow will reach USD 1.8 trillion this year and USD 1.85 trillion in 2018, still short of the record-breaking USD 1.9 trillion of 2007.
The Brazilian federal government has announced the funding available for the 2017-2018 crop, with an added USD 1.5 billion from the past season.
Fernando Igreja will soon take office in Abu Dhabi. For him, his largest challenge will be to generate interest regarding investments in projects in Brazil.
City hall issued a public call for the registration of projects presenting new management models for Pacaembu Sports Complex. Registration is also open to foreigners and it runs until July 3.
The Brazilian government issued a statement calling for ‘moderation’ and a ‘peaceful solution’ to the region’s diplomatic crisis.
Nine units were acquired, including five in Argentina, three in Paraguay and one in Uruguay. Total investment was USD 300 million.
The National Motor Vehicle Manufacturers Association reported that May was the best month ever for exports, with 73,400 units shipped. The year-to-date result was another all-time high.
The growth took place in comparison to March, according to indicator by the Institute for Applied Economic Research (IPEA). A good performance by the machinery and equipment sector contributed to the result.

