Brazilian natural stones producers struck sales deals at the Middle East Stone Fair, which ended this Thursday in the UAE. The Arab Chamber and industry association Abirochas organized Brazil’s participation.
OPEC members and other large producers decided to keep output cuts until March 2018.
Brazil’s CI Intercâmbio e Viagem has added the United Arab Emirates to its portfolio of destinations for people wishing to study English abroad.
Fábrica Di Chocolate, a firm from Santa Catarina, sells a product called fondue express, which consists of fruits covered in chocolate, in seven countries. A shopping mall in Kuwait hosts a franchise of the business.
Brazil’s National Federal of Industry output indicator dropped. Sentiment also worsened regarding employment, demand, exports and inputs.
The Gulf country kicked off its Sahim project this Wednesday. The goal is to promote the use of clean energies. Presently, 96% of all electricity in the country is gas-based.
The increase took place in April over March with the debt reaching BRL 3.24 trillion (USD 988 billion), according to data from the National Treasure.
The Edward Said Chair will sponsor the event ‘Time in waiting: exile in Palestinian cinema’ on May 29th in São Paulo. Professor Geraldo Campos will discuss the issue of returning to the homeland and art production in the Arab country.
Project by Apex-Brasil and Abimóvel, the furniture sector association, took nine companies to the furniture trade show in Dubai, United Arab Emirates. The market is a promising one to the Brazilian industry.
An index from the First Abu Dhabi Bank shows that the outlook of major investors in the United Arab Emirates has improved this month. Tourism and a stable currency are fueling their optimism.
It was the second consecutive month that Brazil’s current accounts registered a surplus. It stood at USD 1.1 billion, driven up by the trade balance.
Travelers from Brazil spent USD 1.3 billion in other countries in April, up 23% from a year ago.
Drought in the Arab country will affect economic growth in 2017, according to the International Monetary Fund (IMF). Inflation is poised to exceed 3%.
The Middle East Stone Fair began this Monday (22) with companies from Brazil. The CEO of the Arab Chamber visited the trade show and believes the ornamental stone market is booming.
