Rodrigo Maia and a delegation of eight Brazilian deputies arrived in Beirut this Thursday afternoon. The representatives are joining the 4th Meeting on the Potential of the Lebanese Diaspora.
Net profit numbers by companies whose shares are traded in the Abu Dhabi and Dubai stock exchanges climbed by 6.7% in the first quarter. Banks were the highlight.
The price of oil weighed down on the country’s finances in 2016, and on its transactions with the rest of the world. The deficit was to the tune of 1.5 billion Kuwaiti dinars.
Export promotion agency Apex-Brasil held business meetings with Brazilian producers of cashew nuts, Brazil nuts and peanuts and importers from 11 countries, including Arab ones, in late April.
The area reserved for Morocco in the stand of the Arab Brazilian Chamber of Commerce was very busy on the second day of the Apas Show.
Two Egyptians, one Saudi and one Algerian are visiting the Apas fair, taking place until Friday (5) in São Paulo. They are setting their sights on beef and poultry, sweets, vegetables and fruit.
The new norm will be rolled out progressively from June. A list of the goods that will be required to be certified will be released soon.
Revenue slid year-on-year in April due to good sales in April of last year, the fact that April this year had less business days, and the Federal Police bribery probe Operação Carne Fraca, an industry association said.
The decline was from February to March. In comparison to March of last year, however, it went up 1.1%.
Firms from five Arab countries are taking part in Apas, the supermarkets sector fair, which began this Tuesday in São Paulo. Some of them already sell to Brazil and others want to get to know better the local market.
Exports exceeded imports by almost USD 7 billion, the highest such gap since April 1989. Foreign sales reached USD 17.686 billion, with foreign purchases amounting to USD 10.717 billion.
Qatar Meat Production, the only meat processing plant in the Arab country, announced plans to start to import Brazilian animal protein directly.
Next Sunday will be ‘Lebanese-Brazilian Day,’ featuring handicraft, cuisine, painting, dancing and music from both countries. Lebanon’s minister of Foreign Affairs and Expatriates Gebran Bassil will attend.
The National Consumer Price Index forecast dropped for the eighth week in a row, to 4.03% per annum, according to the Central Bank’s Focus Bulletin.
