For the 22nd consecutive month, net job creation was negative according to the General Register of Employed and Unemployed Persons (Caged).
Foreign sales amount to USD 4.9 billion per year, according to Agricultural Export Council chairman Abdel Hamid Demerdash. Now, Egyptians are looking to cooperate with Brazil to increase yields.
Consumption went up in all four major sectors surveyed and in all five regions of Brazil. The biggest increase was in industry.
The Cairo Chamber is planning a business mission to Brazil this year. Arab Brazilian Chamber of Commerce executives discussed having seminars on the Mercosur-Egypt free trade agreement.
The result is the highest ever for a February in Brazil since record-keeping began in 1989. The USD 7.3 billion surplus year-to-date through February was also an all-time high for the period.
The minutes from the latest meeting of the Monetary Policy Committee show a willingness to accelerate cuts in the benchmark interest rate, which is now 12.25% per annum.
The São Paulo Museum of Sacred Art is offering the course ‘Islamic Civilization and Art’ from March 4 to May 6. It will rely on artworks to illustrate the historical development of societies throughout the Arab world.
The Cairo-based multilateral organization is keen on building stronger ties with Brazil. Arab Brazilian Chamber of Commerce executives proposed actions to be taken with regard to food security.
Visitor numbers increased by 167% at the Sambadrome and by 203% in street parades, compared with last year’s numbers.
Agreements signed on Tuesday amount to USD 2.225 billion and include stakes in pre-salt oilfields.
The Federation of UAE Chambers of Commerce and Industry invited Brazilian companies to go to all seven emirates on a deal-seeking mission. The Arab Brazilian Chamber was called upon to join the effort.
Exhibitors at the food industry show opening next Sunday (26) in Dubai will include over 90 companies from Brazil. Their goal is to build rapport with clients and find new markets.
The estimate is from Brazil’s National Federation of Trade (CNC). Bars and restaurants should see the bulk of gains.
The NGO Atados is offering courses for kids aged 8 to 12. Ali Jeratlia, a Syrian who settled in São Paulo nearly three years ago, will teach Arabic to the boys and girls.
